Latest On The Mike Conley Trade

The Jazz had been targeting Mike Conley for months before pulling off today’s trade with Memphis, writes Tony Jones of The Athletic. Utah made a strong push to get Conley before the February deadline, offering Ricky Rubio, two first-round picks and other expiring contracts that would have provided the Grizzlies with cap relief this summer.

Jones cites “frustration” among Jazz management, which believed Conley would be a difference maker in the postseason, when the offer wasn’t accepted. Utah finished with the fifth seed and a first-round playoff ouster.

“What we found out this year,” Jazz executive Dennis Lindsey said after the season ended, “is that while we were a good team, we weren’t a great team.”

The organization sees Conley as a path to becoming great, viewing him as one of the best pick-rand-roll guards in the league and a strong leader in the locker room. The Jazz were willing to pay a heavy price in the deal, giving up Jae Crowder, Kyle Korver and Grayson Allen, plus this year’s first-round pick and a future conditional first-rounder. Sources tell Jones the Grizzlies insisted on Allen because they wanted “a young player with upside” and were impressed by how he improved during the season.

There’s more fallout from today’s trade:

  • The Pistons and Pacers were both contenders for Conley, but were unwilling to surrender two first-round picks, reports Zach Lowe of ESPN. Sources tell Lowe that even if the Pistons had agreed to meet that price, they might have insisted that Memphis take back Reggie Jackson and his $18MM contract. The Pacers, meanwhile, refused to give up the picks plus first-year guard Aaron Holiday.
  • The Jazz needed to send enough salary to Memphis to enable them to guarantee Derrick Favors‘ $16.9MM contract for next season without going over the salary cap, Lowe adds. He states that the decision to include Crowder in the deal instead of Dante Exum shows a lot of faith in the 23-year-old guard.
  • Lowe also notes that the trade will have a ripple effect on free agency. Utah no longer has the cap space for a max-level offer, which means one less suitor for the Sixers’ Tobias Harris. Point guards who had been hoping for an offer from Utah will also be disappointed. In addition, the trade increases the likelihood that the pick the Grizzlies owe the Celtics won’t convey until 2021, when it will be unprotected. The selection has top-six protection next year.
  • Donovan Mitchell is thrilled to have Conley as his new backcourt partner, tweets Eric Woodyard of The Deseret News. “He’s a great player,” Mitchell said. “He’s very underrated in my opinion. He does a lot of getting into the lane and being able to find guys and also I can learn a lot from him so as far as being a point guard.”
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