The Utah Jazz and restricted free agent Raul Neto have agreed to a two-year contract extension worth $4.4 million, reports Yahoo’s Shams Charania:
Sources: RFA Raul Neto is signing a two-year, $4.4M deal to return to the Utah Jazz.
— Shams Charania (@ShamsCharania) July 3, 2018
ESPN’s Adrian Wojnarowski was the first to report the existence of the deal:
Utah guard Raul Neto has agreed to a contract extension, league source tells ESPN.
— Adrian Wojnarowski (@wojespn) July 3, 2018
The contract will include a team option in year two, according to Tony Jones of the Salt Lake Tribune:
So let's do this again: Raul Neto's CONTRACT includes a team option on the second year
— Tony Jones (@tribjazz) July 3, 2018
Neto will be eligible to officially sign the extension on Friday.
The Jazz agreed to an extension with power forward Derrick Favors on Monday.
Neto, 26, appeared in 41 games for the Jazz last season, averaging 4.5 points and 1.8 per game on the most efficient shooting of his three-year career: 45.7 percent from the field and 40.4 percent from 3-point range.
Neto could see an uptick in minutes this season if the Jazz don’t re-sign restricted-free-agent guard Dante Exum. Even if Exum doesn’t return, however, Neto will have a new guard with whom to battle for minutes: first-round draft pick Grayson Allen.
