Charlotte Observer reporter Rick Bonnell reported the news and says Hayward will sign with Michael Jordan’s team. Yahoo!’s Adrian Wojnarowski says the deal is for $63 million over four years, which comes out to slightly under $16 million per season.
Hayward is a restricted free agent, which means the Utah Jazz will have three days to decide if they will match the offer sheet once Hayward signs on July 10.
The Jazz have said they will match any offer sheet Hayward signs, so now it’s time for them to put their money where their mouth is. They could waver in their decision based on how much the offer contract is.
The Cavaliers also showed major interest in Hayward, while the Celtics and Suns also expressed interest. The 24-year-old forward averaged 16.2 points, 5.1 rebounds and 5.2 assists per game last season.