Utah Jazz Rumors | Hoops Rumors

Jazz Waive Jonas Jerebko

July 7th, 2018 at 11:06am CST by Luke Adams

The Jazz have officially waived Jonas Jerebko, the team announced today in a press release. He’ll become a free agent on Monday, assuming he goes unclaimed.

Jerebko’s 2018/19 salary was still non-guaranteed, but would’ve become fully guaranteed if Jerebko had remained on Utah’s roster through Monday. As a result of the move, the Jazz will clear the forward’s full $4.2MM cap hit from their books.

The move comes as a bit of a surprise, since Jerebko had a solid season as a reserve for the Jazz in 2017/18. In 74 games (19 starts), the 31-year-old averaged 5.8 PPG on .466/.414/.807 shooting, stretching the floor from the power forward spot.

Waiving Jerebko won’t free up any cap room for the Jazz, but it’ll create more breathing room below the tax line, perhaps opening up an opportunity for the team to use a chunk of its mid-level exception.

Utah’s offseason so far has been primarily focused on bringing back incumbent free agents, with Derrick Favors, Dante Exum, and Raul Neto inking new deals. Thabo Sefolosha had his 2018/19 salary guaranteed, and the Jazz will still need to make a decision on Ekpe Udoh, whose $3.36MM would also become guaranteed next week.

Jazz Re-Sign Derrick Favors

July 6th, 2018 at 11:55am CST by Luke Adams

JULY 6, 11:55am: The Jazz have officially re-signed their top free agent priority for the summer, the team announced on its website. Favors has been with Utah longer than anyone else currently on the roster and is the 12th player to reach 500 games for the franchise. The Jazz also finalized deals with Dante Exum and Raul Neto.

JULY 2, 2:02pm: The Jazz and free agent big man Derrick Favors have reached an agreement on a new contract that will keep Favors in Utah, reports Tony Jones of The Salt Lake Tribune (Twitter links).

League sources tell Jones that the deal will be for two years, while agent Wallace Prather informs Shams Charania of Yahoo Sports (Twitter link) that it’ll be worth $36MM. Michael Scotto of The Athletic adds (via Twitter) that Favors’ earnings over two years could exceed $37MM via incentives.

However, the second year on the agreement will be non-guaranteed, according to Jones (Twitter link). That will allow Utah to retain flexibility for 2019, when several contracts could come of the club’s books.

Favors, who will turn 27 later this month, enjoyed a strong bounce-back season for the Jazz in 2017/18 after an injury-plagued 2016/17 campaign. In 77 games (all starts) last season, Favors averaged 12.3 PPG, 7.2 RPG, and 1.1 BPG with a career-best .563 FG%.

While Favors probably isn’t an ideal frontcourt partner for Rudy Gobert, given their overlapping skill sets, the duo found a way to make it work last season. Favors also provides the Jazz with rim protection and rebounding at the five when Gobert is on the bench — or when Gobert misses time due to injury, as he did last season.

Favors reached his decision after meeting with the Jazz in Atlanta for a few hours on Sunday. According to Eric Woodyard of The Deseret News (via Twitter), “a couple” other teams were in the mix for the veteran.

With Favors back in the fold, the Jazz – who are focusing on internal growth and development – figure to focus on retaining point guards Dante Exum and Raul Neto. The team will also have decisions to make soon on the non-guaranteed salaries for Jonas Jerebko and Ekpe Udoh, which would become guaranteed next week.

Photo courtesy of USA Today Sports Images.

Nigel Williams-Goss To Sign With Olympiacos

July 4th, 2018 at 7:01pm CST by clarkcrum

The Jazz’ 2017 second-round draft pick, Nigel Williams-Goss, has agreed to terms on a new, three-year contract with EuroLeague club Olympiacos, reports Emiliano Carchia of Sportando.

We heard in May that the 23-year-old guard out of Gonzaga had drawn attention from a number of EuroLeague teams for next season, so the deal comes as no surprise, especially after Utah re-signed Raul Neto.

Williams-Goss, who played for the Jazz in last year’s summer league, spent last season with Serbian club Partizan.

Udoh Cautiously Optimistic Of Role Next Season

July 4th, 2018 at 5:03pm CST by clarkcrum

The Jazz have been relatively generous during free agency so far this summer compared to most teams, handing out a two-year, $36MM contract to forward Derrick Favors, agreeing to a three-year, $33MM deal with backup guard Dante Exum, and reaching terms on a two-year, $4MM pact with seldom-used guard Raul Neto.

Furthermore, Utah has already guaranteed the 2018/19 salary of Thabo Sefolosha, who was limited to only 39 games last season. As such, it would appear that the Jazz are intent on sticking with their 2017/18 roster for now, which means that both Jonas Jerebko and Ekpe Udoh can be cautiously optimistic while waiting for their 2018/19 salary to become guaranteed.

Udoh in particular, who averaged 2.6 points, 2.4 rebounds and 1.2 blocks in 63 games for the Jazz last season, and whose $3.36MM salary becomes fully guaranteed if he remains on Utah’s roster past July 9, is trying to remain positive while awaiting Utah’s decision on his future, writes Eric Woodyard of the Deseret News.

Per Woodyard, Udoh is excited and prepared to return in a Jazz uniform next season, but also understands the business-like nature of the NBA.

Dante Exum Re-Signs With Jazz

July 3rd, 2018 at 5:03pm CST by Arthur Hill

JULY 6, 11:46am: Exum’s new contract is now official, the Jazz announced on their website.

JULY 3, 5:03pm: Free agent point guard Dante Exum has agreed to a three-year, $33M deal with the Jazz, tweets ESPN’s Adrian Wojnarowski.

A restricted free agent, Exum has been limited by injuries through most of his career. He appeared in just 14 games last season after a preseason shoulder injury that required surgery. However, he performed well enough in the playoffs for Utah to bring him back.

Exum, who turns 23 later this month, has averaged 5.7 PPG in four years with the Jazz. He sat out the entire 2015/16 season after tearing his left ACL.

Having entered the offseason intent on keeping their own free agents in the fold, the Jazz have now accomplished that goal. Before reaching a deal with Exum, they also agreed to terms with restricted free agent point guard Raul Neto and unrestricted big man Derrick Favors. Neto and Favors will each sign two-year contracts with non-guaranteed second years.

With the new deals for Favors, Neto, and Exum taken into account, Utah’s projected team salary is up to about $122MM, putting the team very close to the $123.7MM tax line. However, the Jazz could create a little more breathing room by waiving non-guaranteed players like Ekpe Udoh, David Stockton, and even Jonas Jerebko, which could generate the flexibility necessary to use their mid-level exception.

Photo courtesy of USA Today Sports Images.

Jazz Sign Raul Neto To Two-Year Deal

July 3rd, 2018 at 3:37pm CST by Luke Adams

JULY 6, 11:48am: Neto’s new contract is now official, the Jazz announced on their website.

JULY 3, 3:37pm: The Jazz have reached a contract agreement with free agent point guard Raul Neto, reports ESPN’s Adrian Wojnarowski (via Twitter). According to Shams Charania of Yahoo Sports (via Twitter), Neto will sign a new two-year, $4.4MM contract with Utah. The second year will be non-guaranteed, tweets Jeff Zillgitt of USA Today.

Neto, 26, served as a backup point guard in Utah during the 2017/18 season, averaging 4.5 PPG and 1.8 APG in 41 games (12.1 MPG). He was a restricted free agent this summer after receiving a qualifying offer from the Jazz last week, and will be re-signed using his Bird rights.

Neto will be behind Ricky Rubio on the depth chart, and Donovan Mitchell will see plenty of ball-handling opportunities for Utah as well. Neto’s role will be determined in part on Dante Exum‘s status — the former fifth overall pick is also a restricted free agent, and the Jazz would like to re-sign him. If Exum returns, Neto’s minutes going forward will remain very limited.

The Jazz, who entered the offseason focused on retaining their own free agents, have now reached agreements with both Neto and Derrick Favors. Both contracts include non-guaranteed second years, allowing Utah to maximize its cap flexibility for 2019.

Jazz Meet With Raul Neto

July 3rd, 2018 at 8:39am CST by Luke Adams

The Jazz, who have reached an agreement with Derrick Favors and are hoping to re-sign a couple other key free agents, met with point guard Raul Neto on Monday, league sources tell Tony Jones of The Salt Lake Tribune (Twitter link). Utah has expressed interest in bringing back RFA point guards Neto and Dante Exum.

With Favors returning, Thabo Sefolosha‘s salary guaranteed for 2018/19, and Grayson Allen now locked up to his rookie contract, the Jazz have 10 players on guaranteed deals so far for next season. If the club intends to keep its remaining three non-guaranteed players – Ekpe Udoh, Jonas Jerebko, and Royce O’Neale – that would leave just two open roster spots for Exum and Neto. I would guess that with Favors back, Udoh isn’t a lock to be retained, but we’ll see what the Jazz have in mind in the coming days.

Jazz Sign First-Round Pick Grayson Allen

July 2nd, 2018 at 8:30pm CST by Dana Gauruder

Guard Grayson Allen has signed his rookie contract with the Jazz, the team tweets.

The 6’6” Duke star was the 21st pick of the draft. Allen will receive approximately $2.07MM in the first year of the deal.

Allen averaged 15.5 PPG and 4.7 APG in his senior year and made 38% of his 3-point attempts during his college career.

Primarily a shooting guard, he will compete for minutes at both guard spots behind Ricky Rubio and Donovan Mitchell and perhaps get some playing time at small forward in smaller lineups.

Free Agent Rumors: Crawford, Ellington, Bjelica, Williams

July 2nd, 2018 at 5:20pm CST by Dana Gauruder

The Sixers are interested in veteran free agent guard Jamal Crawford, Keith Pompey of the Philadelphia Inquirer reports. Crawford could fortify a bench that has lost Ersan Ilyasovaand Marco Belinelli since the start of free agency. Crawford, 38, averaged 10.3 PPG in 20.7 MPG for the Timberwolves last season. The Pelicans, Cavaliers, Warriors and Nuggets are also reportedly in the mix for Crawford, who opted out of his contract with Minnesota and left $4.54MM on the table.

In other news regarding the free agent market:

Unrestricted free agent shooting guard Wayne Ellington has drawn significant interest but he’s viewed as a good bet to re-sign with the Heat, Jordan Schultz of Yahoo Sports tweets. Miami has a cap hold of $8.15MM on Ellington, who appeared in 77 games and averaged 11.2 PPG in 26.5 MPG while shooting 39.2% from long range.
The Jazz have a strong interest in Nemanja Bjelica, Tony Jones of the Salt Lake Tribune tweets. The Timberwolves pulled their qualifying offer to the power forward in order to sign Anthony Tolliver, thus making Bjelica an unrestricted free agent.
The Knicks are interested in Alan Williams if he clears waivers, according to Marc Berman of the New York Post. The Suns waived the power forward/center on Monday. The Knicks have also reached out to free agent power forwards Amir Johnson and Trevor Booker, Berman adds.
Williams hasn’t ruled out a return to the Suns but his agent has already heard from a handful of teams interested in his services, according to Scott Bordow of the Arizona Republic. Williams, who appeared in only five games last season due to a knee injury, had a non-guaranteed salary of $5.5MM for next season and will likely get through waivers.
The Lakers have renounced their free-agent exception rights to guard Andre Ingram and power forward Travis Wear, according to the RealGM transactions log. The Lakers had a cap hold of $1.338MM on Ingram and $1.5MM on Wear. Ingram appeared in two games with Los Angeles last season, while Wear saw action in 17 games.
The Suns renounced their free-agent exception rights to center Alex Len, according to the RealGM transaction log. The Suns had a $7.96MM cap hold on Len. He appeared in 69 games last season but became expendable when they drafted Deandre Ayton.

Free Agent Rumors: Favors, Ellington, Tolliver

July 2nd, 2018 at 12:01am CST by Austin Kent

The Jazz have already met with free agent big man Derrick Favors, Tony Jones of The Salt Lake Tribune reports. Favors met with club general manager Dennis Lindsey and head coach Quin Snyder for three hours today to discuss his future.

Marc Spears of The Undefeated, also reporting on the meeting, tweets that the forward is expected to make a decision on Monday. Favors – like the Jazz in general – enjoyed a pleasant surprise of a 2017/18 season and meshed with center Rudy Gobert in ways that he hadn’t previously.

That successful year has breathed new life into Favors’ future with the franchise that he’s played for since 2011. Favors averaged 12.3 points and 7.2 rebounds per game this season, a notable improvement from the 9.5 and 6.1 he posted in 2016/17.

Both the Timberwolves and Mavs were previously linked to the 26-year-old.

There’s more from around the league tonight:

With LeBron James suddenly a Laker, the Sixers can entertain other free agent possibilities. One option, on a notably smaller scale, is 3-and-D specialist Wayne Ellington, Barry Jackson of The Miami Herald tweets. Darren Wolfson of 5 Eyewitness News tweets that the Timberwolves have also shown interest in the 39.2% three-point shooter.
There has been no shortage of players the Timberwolves are said to be interested in this summer but Darren Wolfson of 5 Eyewitness News adds Vince Carter to the list. The 41-year-old veteran played last season with the Kings.
The Clippers have sent their top brass to Dallas to meet with Pistons forward Anthony Tolliver at his home, Shams Charania of Yahoo Sports tweets. Tolliver drew praise in 2017/18, establishing himself as a reliable stretch four and a respected veteran presence.
While he’s still open to returning to play with the Warriors, forward Kevon Looney has been in touch with the Clippers. Brad Turner of The Los Angeles Times tweets that no deal is imminent.
After carving a minor role for himself in the Hornets‘ rotation last season, undrafted guard Treveon Graham is drawing interest from the Wizards, Pistons and Timberwolves, Candace Buckner of The Washington Post tweets. Graham is a D.C. native.
Although he ended up signing a one-year deal with the Knicks, small forward Mario Hezonja turned down multiple multi-year offers, Michael Scotto of The Athletic tweets. Scotto cites head coach David Fizdale and the potential for Hezonja to grow his role with the franchise as reasons why the free agent forward chose New York.