Desmond Bane is coming off a career year for Memphis.

Memphis locked in another key piece of its talented young core on Saturday, signing swingman Desmond Bane on a five-year extension.

Bane, the 30th and last pick of the 2020 Draft’s first round, is coming off a career season in which he averaged 21.5 points, 5.0 rebounds and 4.4 assists while shooting 40.8% from 3-point range. His continued development alongside two-time All-Star Ja Morant and Kia Defensive Player of the Year Jaren Jackson Jr. has fueled a new era of success in Memphis, which has made the playoffs in each of the last three seasons.

The Grizzlies will count heavily on the 25-year-old Bane next season while Ja Morant serves a league-issued 25-game suspension. Memphis has reportedly agreed to terms with veteran free agent guard Derrick Rose to help fill that gap as well.

Memphis finished last season with a 51-31 record, good for second place in the Western Conference before falling to the seventh-seeded Los Angeles Lakers in the first round of the 2023 playoffs. Bane averaged 23.5 points in the series, but saw his 3-point shooting efficiency drop to 32%.