According to Malika Andrews of ESPN, agent Kevin Bradbury said the Duke product will sign a three-year, $28 million offer sheet with Memphis after he couldn't "find common ground on what his agent considered to be a fair deal."
This comes after Adrian Wojnarowski of ESPN reported Memphis agreed to a sign-and-trade that sent Delon Wright to the Dallas Mavericks for two second-round picks. He pointed out the move helped set the course for its pursuit of Jones:
Wojnarowski and Zach Lowe reported for ESPN that Wright will join Dallas on a three-year, $29 million contract after the sign-and-trade, meaning the Grizzlies are without another capable ball-handler after agreeing to trade Mike Conley to the Utah Jazz.
Ja Morant is the point guard of the future on Beale Street after they selected him with the No. 2 overall pick of the 2019 NBA draft, but he will need some help in the backcourt. Jones would represent just that after playing his first four seasons in Minnesota.
Jones has yet to put up sparkling numbers at the NBA level but is just 23 years old and can help Morant transition into the league if the Timberwolves decide not to match the offer. The former Blue Devils playmaker averaged 6.9 points and 4.8 assists while shooting 31.7 percent from three-point range in 2018-19.
Going after a first-round pick (Jones was selected at No. 24 overall in the 2015 draft) who is still young and has yet to consistently prove himself makes sense from Memphis' perspective, as it has shifted to a rebuild after moving on from Conley and Marc Gasol. Jones would join a young core alongside Morant and Jaren Jackson Jr.
His fate now lies in the Timberwolves' hands.