6:30 pm: Clarkson has officially been bought out and waived, according to a press release from the Jazz.
1:52 pm: Veteran guard Jordan Clarkson is finalizing a buyout agreement with the Jazz, sources tell Shams Charania of ESPN (Twitter link).
According to Charania, Clarkson plans to prioritize contenders when he becomes a free agent, which will occur two days after he’s officially released by Utah. “Multiple playoff teams” are expected to be interested in the 33-year-old, Charania adds.
Clarkson was on an expiring contract that will pay him approximately $14.3MM in 2025/26. It remains to be seen how much of that he’ll be giving back, but the Jazz could have about $30MM in breathing room beneath the luxury tax line to make further moves, notes Yossi Gozlan of The Third Apron (via Twitter).
The Knicks are a team to monitor for Clarkson, according to Steve Popper of Newsday (Twitter link), who says New York has expressed a level of interest in the former Sixth Man of the Year winner in prior trade talks.
Multiple recent reports indicated that Utah was looking to find a trade partner to take on Clarkson’s contract, but the team was unable to find a deal to its liking.
A former second-round pick (46th overall in 2014), Clarkson has spent the past five-and-a-half years with the Jazz after previous stops with the Lakers and Cavaliers. He’s known for providing instant offense off the bench, but appeared in a career-low 37 games last season due to a left foot injury (Utah was also trying to improve its lottery standing).
Overall, Clarkson averaged 16.2 points, 3.7 assists and 3.2 rebounds in his 37 appearances (26.0 minutes per contest). His shooting slash line was .408/.362/.797.
The Jazz clearly plan to give major backcourt minutes to their recent draft picks for the upcoming season, having traded Collin Sexton to Charlotte for Jusuf Nurkic. They’re also waiving Johnny Juzang and, once the buyout is complete, Clarkson.
Williams is headed to Phoenix, while Micic, this year’s No. 29 pick (
June 30: The Clippers and veteran forward
Martin’s $8.6MM salary for 2025/26 would have become guaranteed had he remained on Phoenix’s roster through
June 30:
Sharpe has played a relatively modest rotation role and has battled some health issues since being selected 29th overall in the 2021 draft. In total, he has appeared in 191 games (14 starts) for the Nets across his four professional seasons.
“Collin earned this opportunity with his work ethic, toughness, and the way he competes every single day,” Suns general manager Brian Gregory said
Williams, a former No. 10 overall pick who was acquired from Memphis in a trade last offseason, averaged 10.0 points and 4.6 rebounds in 24.5 minutes per game across 63 outings (45 starts) for Brooklyn in 2024/25.