I was pretty sure he was still under contract beyond this year. I knew he was making like $2 million this year, so his salary is minimal. Definitely a bargain. When Exum was healthy he was their 3rd string PG and didn't see a lot of time but Exum ended up hurt again and he's seeing more minutes but they did pay Exum last offseason so they may not be able to keep Neto for that much longer, especially if they resign Rubio this offseason. I know he's got that 1 year left but they'll need to make a choice of who to keep going forward.
From the Jazz fans I have talked to almost all would prefer Rubio is sent packing, with Mitchell taking over as their starting PG with Neto and Exum backing him up. That leaves a hole at SG for them but they can use a shooter like Korver with Mitchell and probably be better off. Mitchell is only 6'3 so he's a small SG.