The Raja Bell saga goes on.

The Salt Lake Tribune learned Monday that Bell has not accepted a buyout with the Jazz, despite the veteran guard saying July 8 a verbal agreement had been reached between the sides and only formalities remained.

“We’ve been given the greenlight by Utah to go ahead and find something that works for us. We’ve agreed to the terms,” Bell said in July. “So I think it’s safe to say now we are in the market again and we’re entertaining our options at this point.”

Jazz General Manager Kevin O’Connor would not discuss Bell’s buyout when recently asked about the situation during Summer League in Orlando, Fla. But a league source confirmed Monday the Jazz have officially offered Bell a buyout. He has refused to accept the deal, though, stalling an already long-delayed process.

via Brain T. Smith of The Salt Lake Tribune