ESPN is reporting that the Utah Jazz and forward Andrei Kirilenko have come to terms on a contract extension which will see Kirilenko remain in Salt Lake City earning maximum dollars, according to sources close to the negotiation.

The news was broken by ESPN Insider's Chad Ford, with the Jazz to defer some of the money beyond the six-year term of the deal. Under collective bargaining guidelines, up to 30 percent of a player's compensation can be deferred. That, according to ESPN, would allow the Jazz to enjoy a significant savings over the life of the contract.

The agreement must be signed by Sunday, Oct. 31, the deadline for players who began their rookie season in 2001 to sign extensions.

Only four players from the 2001 rookie class have signed extensions; Richard Jefferson of the Nets, Pau Gasol (max) of the Grizzlies, Shane Battier of the Grizzlies, and Primoz Brezec, the ex-Pacer now with the expansion Charlotte Bobcats.