For Cleveland the news comes as a huge shock as the Cavaliers made Boozer an unrestricted free agent with the belief he would re-sign with them for their mid-level exception.
In fact reports suggested that the 6-foot-9, 250 pounder had a verbal agreement with Cleveland's front office to do just that. However the Jazz's ability to offer him $28 million more was too much to pass up.
"We've reached an agreement for an offer sheet to be delivered on July 14. He has agreed," Jazz GM Kevin O'Connor told The Associated Press.
Boozer will join the US Olympic team in Athens before heading to Utah where he will be teamed with free agent center Mehmet Okur to form one of the best young front lines in the league.