I glanced over the cap situation of every team and the most sense I saw was Indiana. Would fit their timeline and if Indiana thinks a Turner-Sabonis-Favors rotation would work, they could pursue it. Would fit Favors' desire to play a more PF role and I think he'd mesh with Turner and Sabonis fairly well.
Some money destinations are Phoenix and Sacramento, but I'd be hesitant, say, if either of those two offered 3/40 and he had an offer of 3/36 with last year player option from Utah.
Nets might work, but they've got dead money in Mozgov, and Favors isn't a homerun enough to offset fears of two bad contracts at same position.
I think any other team has other priorities, like Portland with Nurkic, or doesn't fit a timeline with Favors. I mean Favors makes you better, but if you're not competing for playoffs the next two years, why are you signing him?