Late last night, it was reported that point guard Deron Williams and the Nets were discussing a buyout of Williams’ 98 million dollar contract so that Williams could sign with the Dallas Mavericks. That has happened, as according to David Aldridge, the team and Williams have officially agreed to a buyout.

As stated above, once (and if) Deron Williams clears waivers, he is expected to sign with the Dallas Mavericks. Williams was brought to the Nets originally as part of a trade with the Utah Jazz. Nets general manager Billy King said he made the trade because he thought at the time that Williams was the best point guard in all of the NBA. He never showed that form after the Nets moved from New Jersey to Brooklyn.

Williams averaged 13 points, 6.6 assists, and 3.5 rebounds per game in 68 regular season games for the Nets last season.

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