Doing an extension for Favors allows us to restructure and frontload his contract. If he is amenable to that, it would mean a lot down the road for holding the team together.
What's amazing is Favors turned 25 a few months ago. And from what I saw in the preseason he looked more assertive. If he gets healthy, for him to be 24 PPG and 10+ RPG is very realistic.
A max deal would be $27mm per year. Since he's making $11mm, and $12mm the next two seasons, the Jazz could negotiate for a discounted max of $21.25mm per year ($108mm - $11mm - $12mm = $85mm/4) and front load it with annual declines. The discount comes from them paying him much more the final two years of his current contract.
Given his injury history, and that he would both be getting significant raises this year and next and also mitigating injury risk, the Jazz could offer something of a slight discount. A contract of 21.5, 20.5, 19, 18 = $79mm over 4 years. I would shoot more in the $75mm range though. Too much injury risk with the back and feet.
A max deal would be $27mm per year. Since he's making $11mm, and $12mm the next two seasons, the Jazz could negotiate for a discounted max of $21.25mm per year ($108mm - $11mm - $12mm = $85mm/4) and front load it with annual declines. The discount comes from them paying him much more the final two years of his current contract.
Given his injury history, and that he would both be getting significant raises this year and next and also mitigating injury risk, the Jazz could offer something of a slight discount. A contract of 21.5, 20.5, 19, 18 = $79mm over 4 years. I would shoot more in the $75mm range though. Too much injury risk with the back and feet.
You could even bump that up two or three million a year and you are still getting a great deal. Probably need to make sure he is making more than Kanter, just on principle. . .
I'm not sure why you would bump it up. If Favors doesn't get an extension the most he can make if healthy and assuming he gets max is around 77 million over that period. Not having to chance an injury killing his earnings and the ability to get money early so it can start working for him should be enough for him to sign.