Apr 8, 2012; Newark, NJ, USA; New Jersey Nets guard Deron Williams (8) drives past Cleveland Cavaliers guard Donald Sloan during the second half at the Prudential Center. Mandatory Credit: Joe Camporeale-US PRESSWIRE

Deron Williams signs five-year, $100 million deal with Brooklyn

Deron Williams agreed to sign with the Brooklyn Nets via his Twitter account. The deal will be worth five-years, $100 million (AAV: $20 million) according to Adrian Wojnarowski of Yahoo! Sports.

His other suitors — namely Dallas — could only offer a max contract worth four-years, $75 million (AAV: $18.75 million). In the end, that discrepancy of money could’ve been the deal breaker.

Williams, 28, will return to Brooklyn with a bevy of new teammates. Gerald Wallace was inked to a new four-year, $40 million contract and Joe Johnson was added in a trade yesterday. Brooklyn may not have any cap space to speak of but, at the very least, they’ll be relevant this season. Judging by their strategy, it’s what they’ve wanted all along.

Tags: Brooklyn Nets Deron Williams

  • http://motorolacase.wordpress.com/ salajerome

    I think Mikhail Prokhorov is true to his interntion that he want the nets to be an nba champion in five years. So first thing he does is to make it a contender by signing superstars. Brooklyn now is blessed to have an nba team on their place.

    • Quixem Ramirez

      While I don’t doubt his intentions — he appears unwilling to to completely tank — but I don’t think their current core is championship caliber either. Definitely playoff worthy but they’ve prevented themselves from improving in the future.