Jazz Rumors: Conley, Niang, MLE, Porter, Gay

The Jazz remain on track to finalize an agreement on a three-year contract with Mike Conley once free agency officially opens tonight, reports Tony Jones of The Athletic. Previous reports have indicated that Utah is the strong frontrunner to bring back Conley and that the team is preparing a three-year offer in the neighborhood of $75MM for the veteran point guard. Based on Jones’ report, it sounds like that hasn’t changed and a deal could be in place later today.

Here’s more on the Jazz:

• League sources tell Jones that free agent forward Georges Niang is highly unlikely to return to the Jazz, since he’s unrestricted and is expected to draw significant interest from rival suitors.
• Even though the Conley signing will take them well over the luxury tax line, the Jazz are willing to use the taxpayer’s mid-level exception (worth about $5.9MM) in free agency, writes Jones. However, the team won’t use it just for the sake of using it, and will want to land one of its primary targets.
• Otto Porter and Rudy Gay are among the free agent forwards on Utah’s radar, according to Jones. However, Jones hears that Porter may be leaning toward the Nets, while Gay is believed to be eyeing the Lakers.
• Following up on Utah’s trade that sent Derrick Favors to Oklahoma City, Jones reports that Favors will meet with the Thunder‘s front office on Tuesday. That meeting is expected to determine whether Favors sticks with OKC or whether another trade could be forthcoming. It’s worth noting that the Jazz wouldn’t be permitted to re-sign Favors if he were bought out by the Thunder, though a buyout is unlikely anyway since he has two years left on his contract.