The family of late Memphis Grizzlies forward Brandon Clarke will receive the full $12.5 million remaining on his NBA contract through a life insurance policy, according to Kevin O’Connor.
The update corrects an earlier report that incorrectly claimed Clarke’s estate would not receive the remaining money after his passing. Clarke’s contract was fully protected, with a life insurance policy ensuring his family receives the full value of the deal.
Clarke’s agent, Mark Bartelstein, pushed back against the inaccurate report, saying it created unnecessary confusion during an already difficult time for Clarke’s loved ones. He also praised the Memphis Grizzlies organization for its support throughout the process.
The payment will come through the contract’s insurance protection, allowing Clarke’s estate to receive the remaining $12.5 million while the Grizzlies are reimbursed through the policy rather than carrying the full financial burden.
The clarification provides welcome news for Clarke’s family, confirming that the protections built into his NBA contract will provide the financial security intended after his tragic passing.
