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Thanks to a buyout agreement, Deron Williams’ time as a Net has come to an end.
The Brooklyn Nets have requested waivers on Williams, General Manager Billy King announced today.
“I would like to thank Deron for everything he gave the organization over the past 4 ½ years,” said King. “I would like to wish Deron and his family good luck in the future.”
What Williams gave the Nets was above-average play, while being paid like a superstar. Williams was generally less effective as his time on the team progressed.
Williams (6’3”, 200) appeared in 277 games (258 starts) with the Nets after joining the team via trade from Utah on February 23, 2011. He registered averages of 16.6 points and 7.5 assists in 34.2 minutes per game and was named an All-Star in 2012, his first full season with the Nets. In 2014-15, Williams appeared in 68 games (55 starts), recording averages of 13.0 points and 6.6 assists in 31.1 minutes per game. Williams also saw action in 25 playoff games with Brooklyn, averaging 15.6 points and 6.5 assists in 36.5 minutes per game.
In 716 career games (664 starts) split between the Nets and Jazz, the 31-year-old Williams has averaged 17.0 points and 8.5 assists in 35.1 minutes per game.
Here’s the New York Post reporting:
Williams and the Nets reached a sudden and stunning conclusion to their four-plus seasons together by agreeing to a buyout of the final two years and $43 million remaining on the five-year, $99 million contract Williams signed in July 2012, a deal that made him the face of the team’s move to Brooklyn.
The agreement, sources said, will give Williams $27.5 million of the $43 million he was set to receive on his contract. Once he presumably clears waivers, he will return to his hometown of Dallas to sign a two-year deal with the Mavericks to make up most of the difference.
