The Utah Jazz made their commitment to Derrick Favors clear this offseason when they allowed Paul Millsap and Al Jefferson to walk in free agency. Now they've cemented that commitment by reaching a long-term financial agreement with their burgeoning star, according to an official announcement.
“We have tremendous respect for and confidence in Derrick and see him as an important part of our future. He brings a toughness and defensive mindset that make him a key piece to what we are trying to build here,” said Jazz General Manager Dennis Lindsey. “Derrick is also a high-character individual and he has shown a dedication to continue to improve all aspects of his game.”
League sources told Yahoo! Sports' Adrian Wojnarowski that the Jazz and Favors have reached an agreement on a four-year, $49 million contract extension. Should Favors reach playing time and performance incentives, the deal could go "well over" the $50 million mark.
The deal has not yet been signed. No announcement has been made by the team or Favors' camp at this time.
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Article written by Tyler Conway