Utah Jazz guard Mike Conley (10) warms up prior to a game against the Indiana Pacers at Vivint Smart Home Arena.? Russell Isabella-USA TODAY Sports

The Jazz will be “pressing hard” to re-sign point guard Mike Conley in free agency next week and are preparing an offer that’s expected to be in the range of $75M over three years, according to veteran NBA reporter Marc Stein (Twitter link).

Multiple reports this week have stated that Utah is considered likely to re-sign Conley, who is the team’s top priority in free agency. There was an expectation that the Jazz may have to shed some salary in order to comfortably re-sign Conley, since they would’ve been in line for a massive luxury tax bill if they’d brought him back at a reasonable rate without making any other roster moves.

Utah has indeed lined up a deal to dump a contract, having reportedly agreed to trade Derrick Favors to Oklahoma City, which is another signal that the club is confident about its chances of re-signing Conley.

Conley, 33, had an up-and-down first year in Utah in 2019-20, but bounced back 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.

If Conley returns to Utah, it’ll take one of this year’s top free agents off the board, but there will still be plenty of intriguing point guards available for teams looking for upgrades at the position, including Kyle Lowry, Spencer Dinwiddie, and RFA Lonzo Ball.

More must-reads:

TODAY'S BEST
A 20-year LeBron James NBA Playoffs streak is over
Heat's postseason chances suffer huge blow with latest Jimmy Butler news
Watch: Jamal Murray rips out the Lakers' hearts with buzzer-beater
Watch: Unbelievable sequence helps Knicks steal Game 2
Watch: Auston Matthews goal leads to Maple Leafs tying series against Bruins
Mark Stone's return sparks Golden Knights to 4-3 win over Stars
Watch: Hurricanes score twice in nine seconds for comeback win
Sean Payton tries another Wilson at QB as Jets trade Zach to Broncos
Nets officially hire Jordi Fernandez as head coach
Yankees manager Aaron Boone reacts to 'embarrassing' ejection
Position group each NFC team must hit on in NFL Draft
Position group each AFC team must hit on in NFL Draft
Streaking Scottie Scheffler wins again, claims RBC Heritage title
49ers GM addresses future of Brandon Aiyuk amid trade rumors
Week 10 NASCAR power rankings: 2012 Cup champ races up the ladder
MLB power rankings: Top 10 teams through the first month
ESPN NBA analyst to interview for league head-coaching opening
Recent report confirms Chiefs HC Andy Reid isn't retiring anytime soon
2021 quarterback class sets worrisome precedent ahead of 2024 NFL Draft
Magic's Jalen Suggs carried off floor with apparent injury in Game 2 vs. Cavs

Want more sports news?

Join the hundreds of thousands of fans who start their day with Yardbarker's Morning Bark, the best newsletter in sports.