From Hollinger... basically the renegotiate deal...
One thing to watch with Utah's Jordan Clarkson is whether his "opt in" turns into a "renegotiate and extend." Utah could potentially top up his $14.2 million contract with the Jazz's expected $11.2 million in remaining cap space. That would put Clarkson on the books this year for $25.6 million in 2023-24. By doing so, Utah could then decline his deal by as much as 40 percent in 2024-25 to $15.5 million, and by 8 percent a year later in 2025-26 to $14.2 million. The total package would as if he he'd opted out and re-signed in Utah for three years, $55 million – except that this scenario manages the cap much more favorably for the Jazz by pushing a bigger chunk of his money into the 2023-24 season's leftover cap room.