Utah Jazz trade Randy Foye to Nuggets

Yet another player from last year's Utah Jazz team is heading elsewhere.

And yet another Utah Jazz trade with the Golden State Warriors.

The Jazz will do a sign-and-trade to ship shooting guard Randy Foye to Denver and receive a 2018 second-round pick from Golden State in a three-way deal, a source confirmed to the Deseret News.

Andre Iguodala will be involved in this three-way deal, as he'll be signed by Denver and sent to Golden State. The Jazz's two trades helped the Warriors clear enough salary space to sign the shooting guard.

Yahoo! Sports reported last night that if the deal took place Foye will earn $9 million over three years and Iguodala will get a four-year, $48 million contract.

This is the second trade the Jazz and Warriors have made in the past four days. On Friday, Utah received Andris Biedrins, Richard Jefferson, Brandon Rush, unprotected first-round picks from Golden State in 2014 and '17, two second-round picks, and an undisclosed amount of cash in exchange for shooting guard Kevin Murphy, trade exceptions and $24 million in salary-cap relief.

One key factor for Utah is that the three incoming Warriors have expiring contracts at the end of 2013-14, allowing the Jazz to maintain financial flexibility to sign free agents and extend their own players' contracts.

Foye is the fifth player off of the 2012-13 squad to get deals elsewhere, joining Paul Millsap and DeMarre Carroll (Atlanta), Al Jefferson (Charlotte) and Earl Watson (Portland) in the exodus from the Beehive State.

In his one season with the Jazz, Foye set multiple franchise 3-point records, including most made (178) and attempted (434). The seven-year pro averaged 10.8 points and shot 41.0 percent from beyond the arc.

“He was huge for us all year,” Jazz coach Ty Corbin said of Foye at locker cleanout in April. “He played all 82 games for us. (He’s) ready to go every night, and ready and willing to do whatever he can do to help us win.”

“I’m not just a 3-point shooter, but that’s one of my strengths,” Foye said at the time. “I felt as though that’s what (the Jazz) needed, and I tried to help them get there.”

Foye had expressed in interest in returning to Utah, making this the latest sign that the Jazz are willing to undergo a massive youth movement in 2013-14.

Foye's departure leaves the Jazz with two shooting guards in Alec Burks (21) and Rush (28), who's recovering from ACL surgery last fall. Rush, a career 41.3-percent 3-point shooter, is expected to be back to 100 percent in time for the season.