So, for example, the Jazz could use the $13.8 million in cap space they have by only losing Rubio, then trade away an additional $20 million or so in salary to have room to get Conley. Or, they can waive other players to gain more cap space, then they’d have to trade even less.
That might be a path to keeping Favors, and perhaps even Exum. Here’s one path that does both, for example: the Jazz could waive Neto, waive and stretch Korver, and then trade Crowder, Allen, and the No. 23 pick for Conley. It fits — just barely. Such a deal would also give Memphis a pick, a young player, and an asset in Crowder they can either play or forward to a contending team later.