Valencia Basket extended Chris Jones for three more years.
Chris Jones and Valencia Basket have reached a three-year extension agreement, sources tell BasketNews.
The 29-year-old guard is set to remain with Valencia until 2026.
Encestando was the first to report on the agreement.
Valencia Basket made it official by announcing the contract extension in an original tweet.
Valencia does not hold a permanent spot in the EuroLeague. As a result, Chris Jones' new contract includes a EuroLeague exit clause. However, this clause will not be in effect this summer, sources say BasketNews.
Valencia has set its sights on becoming a long-term participant in the EuroLeague. The opening of its new arena in 2024 is expected to bolster Valencia's effort toward achieving this goal in the future.
Jones has been a critical contributor for Valencia this season, playing a pivotal role in the team's EuroLeague campaign and their participation in a playoff race.
He leads the team in scoring and efficiency.
Standing at 1.88m and holding dual American and Armenian citizenship, Jones is currently averaging career-highs of 14.2 points per game, 4.6 assists, and an efficiency rating of 16.0.
He currently sits in 14th place among the league's top scorers, 10th in assists, and 14th in performance index rating.