REPORT: All-Star Mike Conley Agrees to 3-Year, $72.5M Contract with Jazz

Closing out of a successful second season with the Utah Jazz, All-Star guard Mike Conley has agreed to further his stay in Utah signing a three-year, $72.5 million deal with the team on Monday, per ESPN’s Adrian Wojnarowski.

The Jazz have pushed the luxury tax significantly keeping Conley on the roster, as both Rudy Gobert and Donovan Mitchell have recently signed five-year extensions worth $368 million combined.

Amid the news, Conley took to Twitter excitedly announcing his return:

Conley’s past two seasons with Utah have been dampened by recurring hamstring issues, resulting in him sitting out of the Jazz’s entire Western Conference semifinals against the Los Angeles Clippers in the 2021 NBA Playoffs.

Although injuries have been no stranger to the well-rounded veteran, he’s still been a key figure in Utah’s backcourt, tallying a stat line of 16.2 points, 6.0 assists and 3.5 boards per game on 44.4 percent shooting from the field (42.1 percent from three).

The new deal also allows Conley to be reunited with former Grizzlies teammate, Rudy Gay, who has signed a two-year deal with the Jazz.