Clarkson has an expiring contract that is worth $13.4 million, while Exum has two years remaining on his contract, which totals $19.2 million. The 27-year-old Clarkson now finds himself in the middle of the playoff push from the lowly Cavs, and is averaging 14.6 points per game this season. He is coming off his best game of the season where he posted a season-high 33 points on 12-of-27 shooting in Friday's win over the Memphis Grizzlies. Exum, the former No. 5 overall draft pick, has struggled to stay health since getting selected in 2014.
In a move that came later in the day, the Jazz also went on to waive veteran Jeff Green. The 33-year-old was playing on a one-year, veteran's minimum contract this season, and appeared in 30 games for Utah off the bench. He averaged 7.8 points in 18.5 minutes per game in his first and only season with the Jazz.