IFWT Derrick Favors

Derrick Favors has reached agreement on a four-year, $49 million-plus contract extension with the Utah Jazz.  Read more after the jump.

Shay Marie

The deal includes bonus incentives that could push the package well over $50 million, sources said. Favors, 22, is a centerpiece of the Jazz’s future and will take over a starting frontcourt position because of the off-season departures of Al Jefferson and Paul Millsap. A contract will be signed in the near future, sources tell Yahoo.

Favors averaged 9.4 points, 7.1 rebounds, and 1.7 blocked shots in 23.2 minutes per game last season. He should put up even more impressive numbers as a starter, which is the reason the Jazz felt so confident in locking him up with a long-term extension.

Yahoo! Sports