The Utah Jazz and starting shooting guard Rodney Hood have opened contract extension negotiations, the Salt Lake Tribune has learned.

The two sides have had preliminary conversations as the Jazz hope Hood can become their primary perimeter scorer this season after Gordon Hayward left for the Boston Celtics. Another meeting is expected to occur in the next few weeks, according to league sources.

Hood, who will enter his fourth season in the league, is eligible for a rookie scale contract extension, with Oct. 16 the deadline to reach an agreement. Hood is one of two Jazz players eligible for an extension. Former lottery pick Dante Exum is the other.

If Hood or Exum can’t reach a deal, their subsequent step would be restricted free agency next summer, where they can receive an offer sheet from another team, but the Jazz have the ability to match the offer.

The Jazz are expected to allow Exum to reach restricted free agency unless he accepts a team-friendly deal similar to Alec Burks, who extended for $10 million annually three years ago.

There is hope internally that Exum is on the verge of a breakout, and he is expected to play a key role off the bench this season. Still, Exum has yet to find his stride in the NBA, partially due to his torn ACL two years ago. And the Jazz want to use this season to monitor Exum’s progress, although he did show encouraging signs of improvement during summer league in July.