The terms were not released by the team. The Jazz now can match any offer Hayward gets on the free-agent market.
Hayward averaged 16.2 points, 5.1 rebounds and 5.2 assists in 77 games, all starts, with the Jazz last season. He had seven games with double-digit rebounds and six with double-digit assists. He scored more than 20 points in 22 games.
Hayward was selected with the ninth overall selection in the 2010 draft out of Butler. For his career, he's averaged 12 points, 3.4 rebounds and 3.1 assists in 287 games, 179 of them starts.