I would doubt that at this point. Exum’s mild ankle sprain wouldn’t cause him to fail his physical. Porzingod’s trade went through with him still rehabbing from a much more serious injury. Further, the Grizz would leap at the offer you suggested and the Jazz could have had this wrapped up a long time ago if they were willing to offer that, but I doubt they are. They are really high on Exum and always have been.
i could see them giving up Exum, but not for Conley. I could see it in a package for a guy like Porter or to try to get a Middleton or a Harris now and lock up their bird rights. I can’t imagine either the Bucks or the Clips trading those guys, though, because there is a good chance both re-sign. It’s really too bad the Clippers have overachieved this year; otherwise, they could easily have gone fire sale at the deadline like the Grizzlies are doing.
My guess is the Jazz walk away from the table on Conley but do end up signing Mirotic for Favors. That’s literally a no-risk situation; if Mirotic improves the team, great. If not, he’s a free agent and the Jazz retain all of their cap space to go after a Middleton or a Harris. New Orleans does it because they’re losing Davis for a package that includes zero bigs, and Derrick at the 5 is about the best big they can hope to get.