Deron Williams will not sign extension with Nets, agent says

[CameronCrazy06]

The slim hope the Nets had of Deron Williams signing a contract extension has been dashed completely.

Deron will not be signing the extension,” Jeff Schwartz told The Record this afternoon. “Based on the new rules it doesn’t make any sense for him to sign the extension. It has nothing to do with how much he likes New Jersey. Because of the rules, he’s going to play the season out and opt out of his deal.”

As The Record reported in today’s editions, sources with knowledge of the Nets thinking had been resigned to the fact that the chances of Williams’ signing an extension were slim.

According to the new rules, Williams can get a two-year extension from the Nets for roughly $39 million that would be tacked on to the two years, $31 million he has remaining on his deal. If Williams opts out after the season, he could get five years, and about $101 million from the Nets or four years and $73 million from another team.

The fact that Williams will opt out doesn’t mean he won’t re-sign with the Nets in July. They plan to do everything they can to make sure the All-Star point guard is with them when they open the Barclays Center in Brooklyn for the 2012-13 season.

Their hope is to acquire Dwight Howard in a trade from Orlando. In the meantime, the Nets also are targeting big men in free agency with Nene and Tyson Chandler topping their list.

They’re trying to build a roster that can compete for the playoffs now and become a championship contender when they are in Brooklyn.

Williams just returned to the New York area after playing in Turkey. It's unclear when he will show up at the Nets' practice facility. Players are permitted to go in for voluntary workouts beginning today.

 

[VC15]

Headline might as well read: Williams turns down 39 milion for potential 101 million.

 

[Giantmetfan07]

Yep. Just a no-brainer move by him.

 

[jonathanlambert33]

I think the only proper way to respond is with a lol, and that is directed towards domerocker.

 

[RipCity32]

No surprise really.

 

[Mexi]

I think the only proper way to respond is with a lol, and that is directed towards domerocker.

yes

although, he's doing this to put pressure on them to build a contender so he could still come back i guess

101M will be available to him, but unless they have dwight, why stay?

 

[Elite]

The only proper way to respond to this is that it's what we've known all along, he won't sign long-term here until they improve the roster around him.

At the moment, the Nets have done nothing to improve the roster so nobody expects him to sign there long-term.

 

[VC15]

I think the only proper way to respond is with a lol, and that is directed towards domerocker.

Don't you have your own point guard (who has actually demanded a trade) to worry about?

DeronWilliams Deron Williams
Don’t know why people are tripping just bc I’m opting out doesn’t mean that I won’t resign with the nets! W/ new CBA it makes sense

 

[jonathanlambert33]

Don't you have your own point guard (who has actually demanded a trade) to worry about?

Right I should let CP consume my life lol

 

[DJT]

I think DWill will resign with the Nets once his deal is up...just sayin'

 

[jonathanlambert33]

He's a gone pecan if they don't get Dwight, which I don't think happens.

 

[DJT]

I don't really see them getting Dwight, but somehow I think he'll stay there.

(I'd really love if he comes back to the Jazz lol, but thats never gonna happen )

 

[Shady_McCoy25]

Their only chance to get Dwight is to get DWill resigned

 

[Giantmetfan07]

they have the assets to trade for Dwight. In fact, the only way to keep DWill might be to get Dwight.

 

[jonathanlambert33]

Which two first rounders did Jersey send to Utah? This year and 2013 I guess?

 

[Giantmetfan07]

The Jazz will get New Jersey's first-round pick this year, which is not lottery protected, and Golden State's first-round pick, which is partially protected, next year. That selection is top-seven protected in 2012 and 2013 and top-six protected in 2014. If Utah has not received the pick by the 2014 draft, then the Jazz will receive Golden State's own 2014 and 2016 second-round picks.

http://sports.espn.go.com/new-york/nba/news/story?id=6150419