The Dallas Mavericks have announced that they've signed former Brooklyn Nets point guard Deron Williams to what is expected to be a two-year deal. The announcement was made by team owner Mark Cuban on Cyber Dust and then confirmed by the Mavericks' Twitter page.
Williams, who spent the past three seasons with the Brooklyn Nets and one-plus with the New Jersey Nets, will receive a $27.5 million buyout from the Nets on his $43 million contract just to walk away.
Again, no real surprise here as the Mavericks were said to be interested in Williams after they lost out on DeAndre Jordan. The Nets, on the other hand, were looking to get under the tax penalties this season and under the salary cap in 2016.
Williams helped lead the Nets to the playoffs in each of the last three seasons.
No official terms of Williams' deal were released.