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
Mavericks advance to Western Conference Finals aided by controversial call late
Connor McDavid, Oilers hammer Canucks to force Game 7
Tyson Fury-Oleksandr Usyk epic increases excitement for potential rematch
Seize the Grey wins in muddy Preakness
Even Mike Budenholzer admits the Suns need a point guard
Watch: Juan Soto's first multi-homer game as a Yankee
Xander Schauffele, Collin Morikawa lead at PGA Championship
Knicks could get major boost for Game 7 showdown with Pacers
Giants All-Star pitcher suffers setback in recovery from injury
Panthers star named winner of 2024 Selke Trophy
WNBA to investigate $100,000 sponsorship deals for Aces players
Tiger Woods blames one big factor for missing the cut at PGA Championship
'Ain't good enough': Draymond Green claims Celtics must 'win it all' or it's a 'failure'
Blue Jays GM wants struggling club to feel 'massive sense of urgency'
Raptors expected to flip former NBA champion during the offseason
MLB insider reveals Mets' massive extension offer that Pete Alonso turned down
Celtics legend provides update after gruesome finger injury
Bulls hire former NBA head coach as top assistant
Chiefs move on from young running back
20-year MLB veteran working out, unsure about playing future

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.