Jordan Clarkson. Rob Gray-USA TODAY Sports

Jazz guard Jordan Clarkson plans to exercise his $14.26M player option for 2023-24, avoiding free agency and keeping him off the open market, league sources tell Sarah Todd of The Deseret News (Twitter link).

As Todd notes, by picking up his option, Clarkson would become extension-eligible starting July 1, once the new league year takes effect. Clarkson was eligible for an in-season extension in 2022-23 as well, and multiple reports said that scenario was discussed.

However, he can earn more money on a potential extension in a couple of days due to a change in the new CBA, which allows veterans to receive 140% of their current salary in the first year of an extension instead of 120%. If the Jazz don’t make further roster additions in free agency, it’s possible they could use some of their cap space to renegotiate and extend Clarkson, which would give him a higher base salary in year one with a declining structure in subsequent seasons. That’s what the Pacers and Myles Turner did during the season.

Clarkson, who turned 31 earlier this month, averaged career highs in multiple categories in 2022-23, including points (20.8), assists (4.4), rebounds (4.0; tied with two other seasons) and minutes per game (32.6) in 61 contests, all starts. His overall shooting slash line of .444/.338/.816 was very close to his career averages (.440/.338/.826), though his efficiency was up a tick because he attempted more three-pointers and free throws.

While Clarkson can score on anyone, he’s also a poor defensive player and over 30, which limits his upside. Hoping to reach an extension makes sense if he’s comfortable in Utah, though it’s worth noting that he’ll be trade-eligible unless he quickly comes to terms on an extension (in that scenario, he could be traded six months after signing his new deal).

The Jazz also decided to keep big man Kelly Olynyk, whose $12.2M contract for 2023-24 was only partially guaranteed at $3M. Since he wasn’t waived last night, his contract is now fully guaranteed. The news was expected, as GM Justin Zanik said after the season ended that he anticipated having Olynyk back.

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