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Utah Jazz announce the re-signings of Derrick Favors, Dante Exum and Raul Neto

SALT LAKE CITY — The Utah Jazz confirmed multiple reports on Friday that the team has re-signed Derrick Favors, Dante Exum and Raul Neto.

The terms of the contracts were not disclosed by the team, but Favors has agreed to a two-year deal worth $36 million, according to a Deseret News source. The second year of the deal is not guaranteed. Exum has agreed to a to a three-year, $33 million deal, per Adrian Wojnarowski of ESPN, and Neto will return after signing a two-year, $4.4 million contract, according to Shams Charania of Yahoo Sports.