Williams’ decision to stay was confirmed by ESPN.com. His contract will be worth $98 million over five years, according to sources.
Williams chose the Nets over his hometown Dallas Mavericks, who could only offer four years, $75 million based on the rules outlined in the collective bargaining agreement.
The Nets, under the direction of GM Billy King and assistant GM Bobby Marks, have been aggressive in doing just that this offseason. They’ve already re-signed forward Gerald Wallace, traded for shooting guard Joe Johnson, reached a verbal agreement with Bosnian stretch forward Mirza Teletovic and executed a sign-and-trade for rugged rebounder Reggie Evans.
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