26-year-old guard John Konchar has agreed to a three-year $19 million contract extension, his agent, George Langberg confirmed on Thursday. This agreement extends Konchar’s time with the team until the 2026-27 season.
Once awarded just a single scholarship offer and undrafted out of Purdue Fort Wayne, Konchar’s career earnings will now surge to $30 million as a result of this contract extension. In addition, he has successfully molded a career as a staple rotational player on the Grizzlies’ roster to help them secure the second-best regular-season record in the league.
Remaining undrafted out of the Summit League, Konchar was welcomed into Memphis’ set up in 2019, representing the Memphis Hustle of the G League. The 26-year-old then worked his way up the ranks and into the Memphis Grizzlies, playing 72 games for them a year ago, during which time he averaged career-high points, assists, and minutes.
Last season, Konchar shot 41% on 3-pointers, adding to his 51% overall. He and teammate Desmond Bane were the only members of the Grizzlies’ roster who were able to shoot 40% on three pointers when making at least 100 attempts.