Deron Williams is pursuing a buyout with the Nets in the hopes of joining the Mavericks as a free agent.
Brooklyn has been hoping to trade Williams, but his two years and $43 million left on his contract have made discussions nearly impossible. Dallas, in desperate need of a PG, will only sign D-Will if the Nets buyout his contract.
Story going online now: ESPN sources say Deron Williams seeking release from Brooklyn Nets so he can sign with his hometown Dallas Mavericks
— Marc Stein (@ESPNSteinLine) July 10, 2015
Former All-Star point guard Deron Williams is in talks with the Brooklyn Nets about securing his potential release this offseason to clear the way for Williams to sign with his hometown Dallas Mavericks, according to league sources.
Sources told ESPN.com that the Nets, whose well-chronicled hope is moving out both Williams and fellow former cornerstone Joe Johnson before the start of next season, have opened buyout talks with Williams on the remaining two years and $43.3 million of his contract.
A buyout, if Williams’ representatives and the Nets can come to terms, would be Brooklyn’s preference compared to outright waiving the 31-year-old. The Nets have been adamant since the end of the season that they do not want to simply release Williams via the stretch provision, even though it would allow them to pay out his remaining salary over the next five seasons and reduce their luxury-tax bill, as long as such a measure is executed before the Aug. 31 deadline.
D-Will passed on a chance to join the Mavs in 2012 but now, heading into his 11th season, hopes to join his hometown team.