Jack has turned into a pretty decent PG and he'll be an UFA this summer.
Should the Jazz just hang on to Millsap, giving them a chance to re-up Paul this summer? Then they can go after Jack or another PG, or even resume trade talks with the LA Clippers for Bledsoe.
If I had to bet, I'd wager this is exactly what Utah will do. LA is hesitant to trade Bledsoe until they're certain CP3 will re-sign, For all we know, Stern's parting gift may be to facilitate a way for CP3 to merely switch locker rooms and join Kobe and Dwight. Stern will strong arm some team like Charlotte into taking Pau and MWP. Has Jordan officially announcced his retirement? Perhaps a Pau for MJ deal would work; those salaries should just about match up.
Seriously, if/when CP3 re-signs with LAC, the price for Bledsoe would lilkely go down a bit...and Bledsoe will be pressuring them for a trade.