Williams' commitment comes one day after the Nets acquired All-Star guard Joe Johnson in a blockbuster trade that sent guards Anthony Morrow, Jordan Farmar and DeShawn Stevenson and forwards Jordan Williams and Johan Petro to the Hawks, along with a lottery-protected 2013 first-round pick the Nets acquired from the Houston Rockets.
Today though, we celebrate Deron Williams for getting paid for so long. There was little reason to doubt the Nets signing Williams to a 5 year, $98.77 million contract back in 2012. Williams has an opt-out in his contract after the fourth year, sources told ESPN.com's Marc Stein. Under NBA rules, the Nets could offer Williams a fifth season worth about $25 million while the Mavericks' offer was limited to four years.
Brooklyn decided to buy out Williams’ contract, but didn’t want to pay the remainder up front. ET, signing his five-year, $98 million contract with the Brooklyn Nets in Las Vegas. Nets general manager Billy King gambled by acquiring Williams at the 2011 trade deadline, and was able to secure Williams' commitment by selling him on the franchise's future. It seemed the Nets would have a point guard for a long time, and with the contract expiring when he turned 33 it wasn’t like the Nets were banking on him lasting beyond the league average. Deron Williams made it official nearly an hour after the NBA moratorium was lifted Wednesday at 12:01 a.m. Somehow the team accepted, and Bonilla is still getting over a million dollars a year for sitting at home, and will continue until he’s 72 YEARS OLD. There’s an entire cottage industry of telling us what players are making, easy tools to compare salaries, and knowing every bit of minutia about how people get their money. It’s fun to see players break the system. Instead, it is the Brooklyn Nets who have finally paid the final installment of Deron Williams’ contract on Tuesday – five years after he last played in Brooklyn. ALCS Game 7: Rays advance to World Series, Astros eliminated with a bit of poetic justice, Arthritis Treatments Your Doctor May Not Share, Week 6 NFL Injury Wrap: Melvin Gordon out, Julio Jones returns, Nick Saban cleared to return to the sidelines, 2012 NFL training camp schedules, key questions, fantasy advice and more, Video: Josh Hamilton, David Wright among the favorites for MVP, Pat Forde: Eliminating the 200 free makes Michael Phelps more of a threat in London.
Like us on Facebook to see similar stories, Mexican restaurant in Iowa takes political stand with sign declaring 'No Love, No Tacos', Famous Restaurants You Can Never Dine In Again. This meant that from 2015-2020 Brooklyn was paying Williams over $5M a year, while he was still able to go to the Mavericks and collect a $10M contract, then play for the Cavaliers for a year. "We are obviously thrilled that Deron will lead the Nets into our new home in Brooklyn," Nets general manager Billy King said in a statement. The Mavs are also working to try to re-sign Jason Kidd. With Williams staying with the Nets, the Mavericks will make an immediate bid to sign point guard Steve Nash, league sources said. "It is an incredible time to play in Brooklyn and to be a part of this organization, the first sports team to call Brooklyn home in over 50 years.". Congrats to Deron Williams for finessing the Nets 3 years after retirement, © Photo by Nathaniel S. Butler/NBAE via Getty Images. At the same time, the Nets have been engaged with restricted free agent center Brook Lopez's representatives about a contract extension. By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy.
Sports contracts are largely the worst thing we all discuss on a regular basis. All-Star point guard Deron Williams has agreed to a five-year contract worth nearly $100 million to remain with the Brooklyn Nets. College football Week 7 winners and losers: Who are the most disappointing teams of 2020 so far? The 28-year-old told reporters in Vegas that he was leaning toward picking the Mavericks, but changed his mind when the Nets acquired Joe Johnson from the Atlanta Hawks . "I am really excited to be able to officially say that Brooklyn is home," Williams said in a statement on Wednesday. The Nets have also been engaged in blockbuster trade talks with the Orlando Magic about Dwight Howard, but the Los Angeles Lakers and Houston Rockets have also entered the mix as possibilities to land the 26-year-old center, sources told ESPN.com's Marc Stein. Get all the sports news you need, direct to your inbox. In a slightly different way, but equally hilarious contract, Keith Van Horn found himself being in the right place at the right time when he didn’t retire in 2008.
The Mavericks are cautious about investing the kind of money it will take to lure Dragic from the Rockets, or away from other suitors like the Phoenix Suns.
So Bonilla’s agent made the Mets a deal: They could defer payment of the remaining money, in exchange for paying Bonilla $1.19M a year from 2011-2035. With his leadership and guidance on and off the court, the fans of Brooklyn should be proud.". We can’t have any discussion regarding players getting paid into retirement without honoring former Mets player Bobby Bonilla. Now, while there's been a lot of talk about stretching Deron Williams contract, there's been little discussion of the more traditional buyout, like the one Mutombo received. FAQ: When and how will the 2020-21 NBA season begin? Secondly, the Nets decided following the 2014-15 season that it was time for a full rebuild. Get the latest odds, analysis, and insights at Yahoo Sportsbook. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article.
There’s something inherently hilarious (and, frankly awe inspiring) about seeing a player keep getting checks years after they hang everything up. Williams announced on Twitter last Tuesday night that he had decided to stay with the Nets over leaving to play in his hometown with the Dallas Mavericks. The gold standard, the greatest, the never-to-be-topped contract bamboozling of all time.
Williams' decision is a coup for the Nets, who have worked hard to line up a franchise star for their move to Brooklyn this upcoming season.
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