Jason Terry didn't sign an offer sheet with the Utah Jazz Tuesday.

Why not?

Jazz vice president of basketball operations Kevin O'Connor said the Hawks restricted free agent point guard hasn't received one.

"There is no offer sheet involved," O'Connor said. "We're nowhere near that point. There's a lot of different things involved. Outside of that, I have no other comment."

This situation has come down to semantics. Terry's agent, Raymond Brothers, said that since his client hasn't accepted an offer from the Jazz yet, there is no need for the team to draw up an offer sheet.

"The offer is still there," Brothers said. "He has not decided to sign with Utah. He's weighing all of his options."

In a brief phone interview from his home in Seattle, Terry said he is "seriously considering" the Jazz. But Terry, Brothers and O'Connor would not comment on the terms of the offer.

The Jazz has more than $21 million to spend this summer after the Los Angeles Clippers decided Tuesday to match Utah's six-year, $42 million offer sheet to Corey Maggette.