According to Marc Stein of ESPN, Deron Williams is seeking a release clause on his contract so he can join his hometown team, the Dallas Mavericks.
After being spurned by DeAndre Jordan, the Mavericks are currently flushed with cap space, however the Mavericks do not plan to trade for Williams, rather sign him due to his contract.
There are a few options for buying out Williams, who is owed over $43 million in the next seasons. One option is the stretch provision, where Brooklyn would stretch Williams contract over the next few seasons. Another options would be for the Nets to pay him a percentage of his deal and later release him. Anyway one looks at it, the Nets will still be burdened by Williams contract for the next few years, the burden will just be less.
The Mavericks were Brooklyn’s main competition when Williams re-signed with Brooklyn, and the point guard situation in Dallas is atrocious. The only point guards on the roster are Devin Harris, Raymond Felton and J.J. Barea who recently re-signed. Dallas needs a starting point guard, and Williams could provide that.
General Manager Billy King has stated that he wants wants to avoid paying the repeater tax and getting rid of Williams’ contract would be a step in the right direction.
As Mike Mazzeo of ESPN said, the Nets would use Jarrett Jack as the starting point guard for this season, and would look to free agency to find a permanent option next offseason. The only issue, the 2016 free agency class is extremely shallow at point guard. Outside of Mike Conley, there are few other options, limited to: Brandon Jennings, Tony Wroten Jr. and Mario Chalmers. If the Nets were to strike out on Conley, the options would be minimal.
A buyout may be a mutually beneficial for Brooklyn and Williams. Williams gets the change of scenery he so desperately needs and the Nets shed Williams’ contract.