Jazz trade Favors, 1st-round pick to Thunder for 2nd-rounder

The Utah Jazz traded veteran Derrick Favors and a future first-round pick to the Oklahoma City Thunder for a 2027 second-round pick and cash considerations.

The move amounts to another first-round selection hoarded by Thunder general manager Sam Presti. On the other side, Favors' departure gives Utah some financial flexibility ahead of the 2021-22 campaign. The Jazz are now $13 million below the luxury tax.

"The 2027 second-round pick the Thunder is trading to Utah is the least favorable of Oklahoma City’s four second-round picks," the Thunder's statement read.

Favors, 30, came off the bench in 68 games for Utah last season, averaging 5.4 points, 5.5 rebounds, and one block in 15.3 minutes per outing.

The power forward from Georgia Tech has spent parts of 10 of his 11 NBA seasons with the Jazz after being selected by the New Jersey Nets with the third overall pick in the 2010 NBA Draft.

Favors signed a three-year, $27-million deal with Utah in November 2020.