Century Centurion Pool Motor Problem

Hey Guys new to the site. Never had pool pumps problems until now . (lucky me)

Just wondering if anyone can help out on this. I have a 2004 Century Centurion 1 HP pool motor making a noise when I goto turn it on. It sounds like the motor is locked up. I took it apart and I can turn the drive shaft by hand. Its fitted to a pentair pool pump which looks fine inside. Is this motor worth saving or should I just buy a replacement.

If a replacement is the only way to go, what do you guys recommend.
Any help on this would be appreciated.

With an 8 year old motor, I'm not sure I'd start with trying to repair it. Well, maybe I would, but only because I have experience and parts access you don't.

Ben