Deron Williams Announces He Has Signed With The Brooklyn Nets

Deron Williams has signed a long term deal with the Brooklyn Nets.

Williams tweeted the following (photo included):

Made a very tough decision today….

Deron Williams signs free agent contract with Brooklyn Nets

Photo: @DeronWilliams

The deal is for $98.75 million over five years, according to Ken Berger of CBS Sports.

With Williams staying in Brooklyn things are looking significantly better for the longtime downtrodden franchise.

This deal comes just a day after the Nets acquired shooting guard Joe Johnson from the Atlanta Hawks for a bunch of spare parts.

Brooklyn also signed one of the best players from Europe in forward Mirza Teletovic and pulled off a sign-and-trade with the Los Angeles Clippers for rebounding machine Reggie Evans earlier Tuesday.

Of course the ultimate goal for the Nets is to nab Dwight Howard from the Orlando Magic. The latest reports state the Nets and Magic have been locked in trade discussions all day.

The proposed deal being discussed would send Kris Humphries, MarShon Brooks, Brook Lopez and three future first round picks to the Magic in exchange for Howard.

If a potential deal for Howard were to fall through the Nets would move quickly to keep unrestricted free agent Kris Humphries, according to Adrian Wojnarowski of Yahoo! Sports.

With or without Howard, Brooklyn now has quite the formidable starting back court of Williams, Johnson and small forward Gerald Wallace.

And even if a deal for Howard doesn’t work out they’ll have post players like Lopez, Humphries and Evans as well a talented bench of Brooks and guard Gerald Green to go with those starting wing players. This version of the Nets looks like an Eastern Conference playoff team. Not a championship contender, but somewhere in the 5 to 8 playoff seed range.

Bring Howard along, and the easily defined roles on this new look Nets team may very well gel much, much quicker than the Miami Heat did. (NOT predicting a championship here, just saying the roles in a Howard-Johnson-Wallace-Williams starting lineup appear easier to sort out than Miami’s Big 3 were two years ago.)

But Howard or no Howard, the Nets are looking at some HUGE luxury tax penalties in the coming years.

As for what Williams’ deal does for the rest of the NBA’s free agent point guards, Jason Kidd will decide between staying with the Dallas Mavericks or going to the New York Knicks, while Steve Nash’s list is down to the Knicks, Mavs and Toronto Raptors.

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