RealGM Wiretap
The New Jersey Nets have officially acquired two-time All Star guard Deron Williams from the Utah Jazz in exchange for guard Devin Harris, forward Derrick Favors, two first round draft picks (Nets 2011, Golden State 2012) and cash considerations, Nets General Manager Billy King announced.
The Nets will also send Troy Murphy and a second round pick to the Warriors for Dan Gadzuric and Brandan Wright in a separate trade.
"We are very excited to add a player the caliber of Deron Williams to our roster," said King. "He is one of the premier point guards in the NBA, and his skill and talent level will bolster our franchise as we continue to build towards our goal of becoming a championship-caliber team."
The Nets had been pursuing Carmelo Anthony for several months, but Williams is not a consolation prize from their perspective.
"This is not a plan B," Avery Johnson said. "It was just one that wasn't announced. One that nobody got -- until recently. He's not a plan B. He's a plan A also. We've been working on this for a while."
Utah recently lost head coach Jerry Sloan and now they will begin rebuilding with the Williams' trade.
“We feel that we’ve addressed a current need at point guard with Deron’s departure, as well as the future with draft picks and a big man,” said Jazz GM Kevin O’Connor. “To do so we had to give up an All-Star, but we feel like this is a win for both sides.”