The Utah Jazz have finally made the type of impact trade many have anticipated for months. Even better news? Quin Snyder's roster will retain most of its core despite the deal's tricky salary-cap complications.

The Athletic's Shams Charania reported on Wednesday that Utah will send Grayson Allen, Jae Crowder, Kyle Korver, and draft compensation to the Memphis Grizzlies for star point guard Mike Conley. It was reported by ESPN's Adrian Wojnarowski immediately thereafter that the Jazz are surrendering the No. 23 pick of Thursday's draft and lottery-protected 2020 first-round pick that will become more lightly protected if not conveyed until 2022 or beyond.

Conley has two years remaining on the five-year, $153 million deal he signed with Memphis in the summer of 2016, which at the time was the largest contract in NBA history. He's set to make $32.5 million next season, but the combined salaries of Allen, Crowder, and Korver only add up to approximately $17 million, meaning the Jazz will have to officially acquire Conley with cap space to satisfy salary-matching trade rules when the moratorium ends on July 6.

The easiest path to creating that necessary room below the salary cap would be waiving the $16 million of non-guaranteed money owed to stalwart big man Derrick Favors. But as ESPN cap expert Bobby Marks notes, Utah has the capacity to add Conley while keeping Favors on the books.

Favors quietly enjoyed one of the best seasons of his career last season, posting a 62.4 true shooting percentage and substantially upping his block rate, faring well when manning the middle with Rudy Gobert on the bench. The Jazz have routinely downsized in crunch time and even to start some high-leverage playoff games over the years, though, shifting Favors to the bench to create more space on offense, leading many to believe his days with the team could be numbered.