Jarić was born in Belgrade, SR Serbia, SFR Yugoslavia, the son of Srećko Jarić, a well-known Yugoslav professional basketball player,[1] who played as a point guard for Radnički Belgrade, and was regarded by head basketball coach Dušan Ivković as, the "biggest talent that he ever had under his charge".

[2] Jarić began playing basketball with the youth teams of the Serbian club Red Star Belgrade.

Jarić began his professional career with Radnički Belgrade in the 1995–96 season, before moving to Greek Basket League club Peristeri.

In his final game, he played for 23 minutes and recorded 5 rebounds, 2 assists, 2 steals but no points.

[6] After securing his release from the NBA's Memphis Grizzlies, Jarić then signed with Spanish Liga ACB club Real Madrid, on 22 December 2009.

As a junior FR Yugoslavia national team player, Jarić won the gold medal at the 1998 FIBA Europe Under-20 Championship.

As a member of the senior FR Yugoslavia national basketball team, Jarić won gold medals at both the 2001 EuroBasket and the 2002 FIBA World Championship.