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What Happened to Memphis Grizzlies?

The Memphis Grizzlies have undergone a significant transformation in recent years, transitioning from a playoff contender built around Ja Morant, Jaren Jackson Jr., and Desmond Bane to a full-scale rebuilding effort as of mid-2026. Following a first-round playoff exit in 2025 and a missed postseason in 2026, the franchise traded its star players, including Ja Morant, and is now focused on developing a new young core while also pursuing a major renovation of their home arena, FedExForum.

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Quick Answer

The Memphis Grizzlies are currently in a rebuilding phase, having traded star players like Ja Morant, Jaren Jackson Jr., and Desmond Bane in 2026. The team missed the playoffs in the 2025-26 season and is now focused on developing a new young core, highlighted by their 2026 NBA Draft picks, including Cameron Boozer. Off the court, the franchise is actively working on a $550 million renovation of FedExForum and negotiating a long-term lease to secure its future in Memphis.

📊Key Facts

2024-25 Season Record
48-34
NBA.com, Wikipedia
2024-25 Playoff Result
Lost Western Conference First Round (0-4 vs. Thunder)
NBA.com, Wikipedia
2025-26 Season Record
25-57
Basketball-Reference.com
2025-26 Playoff Result
Missed Playoffs
NBA.com, Land of Basketball
FedExForum Renovation Cost (Proposed)
$550 Million
TFC Stadiums, localmemphis.com
Ja Morant 2026-27 Salary
$42,166,510
SalarySwish, Sportskeeda

📅Complete Timeline13 events

1
March 6, 2024Major

Ja Morant Returns from Suspension

After a 25-game suspension and subsequent injury, Ja Morant returned to play for the Grizzlies, aiming to boost the team's performance.

2
March 28, 2025Major

Head Coach Taylor Jenkins Fired

Despite a 44-29 record and a likely playoff spot, the Grizzlies fired head coach Taylor Jenkins, signaling a shift in the team's direction.

3
April 18, 2025Major

Grizzlies Clinch Playoff Berth

Memphis secured the final Western Conference playoff spot by defeating the Dallas Mavericks in the second play-in game.

4
April 26, 2025Major

Swept in First Round by Thunder

The Grizzlies were swept 0-4 by the Oklahoma City Thunder in the Western Conference First Round, ending their 2024-25 season.

5
May 2, 2025Major

Tuomas Iisalo Hired as Head Coach

Tuomas Iisalo was appointed as the full-time head coach of the Memphis Grizzlies, succeeding Taylor Jenkins.

6
August 2025Major

FedExForum Renovation Funding Approved

The Memphis and Shelby County Sports Authority approved a funding agreement for the proposed $550 million renovation of FedExForum.

7
February 3, 2026Critical

Jaren Jackson Jr. Traded to Utah Jazz

The Grizzlies traded All-Star forward Jaren Jackson Jr. to the Utah Jazz as part of their roster overhaul.

8
May 11, 2026Critical

Brandon Clarke Passes Away

Forward Brandon Clarke, who was sidelined for most of the 2025-26 season with a calf injury, tragically passed away.

9
June 5, 2026Major

Grizzlies Acquire Multiple 2026 Draft Picks

Memphis secured the No. 3 and No. 16 picks in the first round, and the No. 32 overall pick in the 2026 NBA Draft, setting up a major rebuild.

10
June 23, 2026Critical

Ja Morant Traded to Portland Trail Blazers

In a blockbuster move, Ja Morant was traded to the Portland Trail Blazers for Jerami Grant and Kris Murray, marking the end of his tenure in Memphis.

11
June 25, 2026Critical

2026 NBA Draft Haul

The Grizzlies drafted Cameron Boozer (3rd overall), Karim Lopez (21st), and Richie Saunders (32nd), establishing a new young core for the franchise.

12
July 8, 2026Notable

Isaiah Stewart Acquired via Trade

The Memphis Grizzlies acquired power forward/center Isaiah Stewart in a trade, adding a 'young veteran' to their revamped roster.

13
August 13, 2026Major

2026-27 Schedule Released, Morant's Return Date Set

The NBA released the 2026-27 schedule, confirming Ja Morant's return to Memphis with the Trail Blazers on February 6 and 8, 2027.

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🔍Deep Dive Analysis

The Memphis Grizzlies experienced a period of competitive basketball in the early 2020s, largely centered around the dynamic play of point guard Ja Morant, along with Jaren Jackson Jr. and Desmond Bane. After a strong 2023-24 season that saw Morant return from suspension and injury, the team finished the 2024-25 season with a 48-34 record, securing an 8th seed in the Western Conference playoffs via the play-in tournament. However, their playoff run was short-lived, as they were swept 0-4 by the Oklahoma City Thunder in the first round. A significant organizational change occurred on March 28, 2025, when head coach Taylor Jenkins was fired despite the team's winning record, with Tuomas Iisalo subsequently hired as the full-time head coach on May 2, 2025.

The 2025-26 season marked a downturn for the franchise, as the Grizzlies finished with a 25-57 record, placing 13th in the Western Conference and missing the playoffs. This disappointing performance, coupled with a desire to reset the roster, led to a series of high-profile trades in early to mid-2026. In a move that signaled a clear shift in direction, the Grizzlies traded franchise cornerstone Ja Morant to the Portland Trail Blazers in exchange for Jerami Grant and Kris Murray. This trade effectively ended the era defined by Morant, Jackson Jr., and Bane. Further significant departures included Jaren Jackson Jr., who was traded to the Utah Jazz on February 3, 2026, and Desmond Bane, who was moved to the Orlando Magic. The team also tragically lost forward Brandon Clarke, who passed away on May 11, 2026, after being sidelined for most of the 2025-26 season due to a severe calf strain.

With the departure of their star trio, the Grizzlies fully embraced a rebuilding strategy. The 2026 NBA Draft proved to be a pivotal moment, as Memphis acquired promising young talent. They selected Cameron Boozer with the 3rd overall pick, Karim Lopez at 21st, and Richie Saunders at 32nd, aiming to build a new core around these prospects, alongside existing players like Zach Edey and Cedric Coward. The current roster, as of August 2026, features a mix of young talent and 'young veterans' like Ty Jerome, Cam Spencer, and Isaiah Stewart, who was acquired via trade on July 8, 2026. The team is actively evaluating its guard rotation, with Scotty Pippen Jr., Ty Jerome, and Spencer competing for significant roles.

Off the court, the Grizzlies are deeply involved in plans for a substantial $550 million renovation of FedExForum, their home arena since 2004. This modernization project, which received public funding approval in August 2025 and saw Populus Architects allocated funds for planning in May 2025, is crucial for keeping the franchise anchored in downtown Memphis. While the current lease extends through the 2028-29 season, city officials and the Grizzlies' front office, including General Manager Zach Kleiman, are engaged in ongoing negotiations for a new long-term agreement, with both parties expressing commitment to the team remaining in Memphis for decades to come.

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People Also Ask

What is the current status of the Memphis Grizzlies?
As of August 2026, the Memphis Grizzlies are in a rebuilding phase, having traded their former star players like Ja Morant, Jaren Jackson Jr., and Desmond Bane. They are focused on developing a new young core from their recent draft picks and are undergoing a major arena renovation.
Why did the Memphis Grizzlies trade Ja Morant?
The Grizzlies traded Ja Morant to the Portland Trail Blazers in June 2026 as part of a significant roster reset, aiming to build a new team identity and acquire fresh talent for the future.
Who is the current head coach of the Memphis Grizzlies?
Tuomas Iisalo was hired as the full-time head coach of the Memphis Grizzlies on May 2, 2025, succeeding Taylor Jenkins.
What happened to FedExForum, the Grizzlies' arena?
FedExForum is undergoing a proposed $550 million renovation to modernize the facility and secure the Grizzlies' long-term presence in downtown Memphis. Negotiations for a new long-term lease are ongoing.
Did the Memphis Grizzlies make the playoffs in 2026?
No, the Memphis Grizzlies missed the playoffs in the 2025-26 season, finishing 13th in the Western Conference with a 25-57 record.