AUGUST 6: Conley’s deal with the Jazz is now official, the team announced in a press release. General manager Justin Zanik said in a statement that the team is “excited” to bring Conley back and that he has made a “profound impact both on and off the court” during his time in Utah.
The team also officially announced its new deals with Rudy Gay and Hassan Whiteside.
AUGUST 2: The Jazz have reached an agreement with free agent point guard Mike Conley on a three-year contract, Shams Charania of The Athletic tweets.
According to Charania, the deal is worth $68MM. Agents Steve Heumann and Jess Holtz of CAA Basketball told ESPN’s Adrian Wojnarowski the contract is worth $72.5MM (Twitter link), suggesting that it could include incentives or bonuses.
A report surfaced over the weekend that Jazz were on track to lock up the veteran on a three-year deal. Bringing him back was Utah’s top offseason priority.
As a team with luxury tax concerns, the Jazz needed to shed salary to improve that situation and retain Conley. Utah made a deal to dump a contract last week, having traded Derrick Favors to Oklahoma City.
Conley, 33, struggled in his first year in Utah in 2019/20, but the longtime Grizzlies guard turned things around this past season, averaging 16.2 PPG, 6.0 APG, and 3.5 RPG with a .444/.412/.852 shooting line in 51 games (29.4 MPG). He earned his first All-Star appearance in his 14th NBA season.
Conley was forced to miss games during the postseason due to a hamstring injury, which led to a disappointing finish for a team that had the league’s best regular season record.
its crazy Conley just had his first all-star game
Guys were hurt. He didn’t make it. They gave it to him.
Overpay, never seen a player make more than he’s worth. His whole career. God must love Conley lols.
Lol this has to be the worst day of the year for guys like y’all that hate these guys so much. All these Black men gettin all these millions all at the same time lol it’s incredible to see y’all get so mad
What do you think a fair value would be? This looks pretty reasonable, given that Kyle Lowry (pretty comparable player) just received a contract worth $90 million over three years. Conley isn’t a top five point guard by any means, but he’s borderline top ten at the moment and has helped transform the Jazz from a middle of the pack squad to a legitimate postseason contender.
His previous contract was an overpay for sure (thanks Chris Wallace), but this is a pretty solid pact IMO
Less than the 75 mill predicted, I’ll take it
Was glad to see Conley bounce back to his usual self after his first season in Utah. He has always been a really good 2 way player