Grizzlies Trade Mike Conley to the Jazz in Blockbuster Deal

San Antonio Spurs v Memphis Grizzlies - Game Three
San Antonio Spurs v Memphis Grizzlies - Game Three / Andy Lyons

In truth, the Memphis Grizzlies were determined to move Mike Conley before the past season's Feb. 7 NBA trade deadline, and though a deal could not be completed in time, everybody expected the two sides to part ways at some point in the offseason.

Well, that has just happened. And in a big way.

Per Shams Charania (first report) Adrian Wojnarowski (details), the Grizz have traded the veteran point guard to the Utah Jazz in exchange for Jae Crowder, Grayson Allen, and Kyle Korver. The deal also includes Utah receiving the No. 23 overall pick in Thursday's draft AND a future first-rounder.

The Jazz will take on the final two years of Conley mammoth contract. The Ohio State product will make a whopping $32.5 million next season, and now has the extent of the $34.5 million in his 2020-21 final season fully guaranteed after playing in more than 55 games last season.

The Jazz have always been the frontrunners to land Conley, as they've been searching for a veteran point guard as they look to make deeper playoff runs in the Western Conference.

Memphis and Utah, however, won't be able to label the deal official until July 6, when the Jazz can take on Conley's deal with cap room.