Derrick Favors agrees to two-year, $36 million contract with Utah

FILE - Utah Jazz forward Derrick Favors (15) in the first half of an NBA basketball game Tuesday, Dec. 26, 2017, in Denver. (AP Photo/David Zalubowski)

Derrick Favors was a top priority for Utah, and the Jazz have succeeded in their quest to retain him.

A person with knowledge of the negotiations says Favors and the Jazz have come to terms on a two-year contract that could be worth up to $36 million, The person spoke to The Associated Press Monday on condition of anonymity because the deal remains unsigned, with the NBA’s offseason moratorium still in place.

Favors averaged 12.3 points last season for the Jazz, who reached the Western Conference semifinals.

He turns 27 later this month and the deal represents a nice raise for Favors, who made $12 million last season.

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