The Utah Jazz and George Hill are engaged in talks on a contract extension before Tuesday's deadline.
Hill has recently declined to discuss a potential contract extension but told ESPN in November that he was "very interested" in the idea. Sources said the Jazz are determined to keep Hill for the long term even if extension terms can't be reached Tuesday and Hill decides he would rather test the open market starting July 1.
The Jazz can give Hill the remainder of their cap space this season and an extension of up to three years with annual raises of 7.5 percent.
The best offer Utah can make Hill is for $88.3 million to be committed to the Jazz through the 2019-20 season, which computes to a three-year, $74.7 million extension plus $13.6 million this season.