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Utah Jazz include Derrick Favors in offer to Cleveland for No. 1 pick, report says

SALT LAKE CITY — If a report turns out to be true, the Utah Jazz appear to be willing to pay a mighty high price to snag the No. 1 pick in this year's NBA draft.

In an effort to move up to the No. 1 position of Thursday's draft, the Jazz are reportedly offering to trade center Derrick Favors, their No. 5 pick and either the No. 23 selection and/or shooting guard Alec Burks to the Cleveland Cavaliers, according to sports radio talk show host Spencer Checketts of 1280 The Zone.

The Cavaliers countered the Jazz's initial offering of Favors and the No. 5 selection by asking for a future unprotected first-round pick from Utah, according to Checketts. In turn, Utah would receive the top pick, with the intention of drafting Kansas star Andrew Wiggins, and veteran guard Jarrett Jack.

The Jazz, the son of former NBA executive Dave Checketts added, tried to sweeten the potential deal by adding the 23rd pick and/or Burks in addition to Favors and the lottery pick.

Sam Amico, an NBA columnist for Fox Sports-Ohio, confirmed on Twitter that the Jazz and Cavaliers have engaged in recent trade talks. Amico also reported that Favors, Burks, the fifth and 23rd picks, and Jack are potentially "in play."

Amico also reported that the Cavs could possibly deal former No. 1 pick Kyrie Irving or Dion Waiters. Cleveland has also reportedly had trade discussions with the likes of Philadelphia, Orlando and Minnesota.

"Sense is, despite buzz, Cavs not close to deal they like," Amico wrote. "Told they could be really busy Thursday night, 'or it may be nothing.'"

One NBA insider expressed surprise that the Jazz's defensive centerpiece, set to earn $49 million over the next four years, was reportedly on the trading block, telling the Deseret News, "I can't see them moving Favors."

As it stands, Utah has the fifth, 23rd and 35th picks in Thursday night's draft.

Per tradition, the Jazz will host an annual NBA draft watching party at EnergySolutions Arena. Doors will open at 4:30 p.m. for the free event, which will be broadcast live on ESPN beginning at 5:30 p.m. from the Barclays Center in Brooklyn, New York.

The Jazz also announced that the arena will be open Thursday morning for a free viewing party for the USA-Germany World Cup soccer game. Doors open at 9 a.m. for the 10 a.m. kickoff of that important pool-play finale.