NBA Trade: Deron Williams from Utah Jazz to New Jersey Nets

The New Jersey Nets have traded Derrick Favors, Devin Harris, their #1 pick this year, Golden State’s #1 next year and $3 Million to the Utah Jazz for Deron Williams. The Nets are also sending Troy Murphy (he of the expiring contract) to Golden State for Dan Gadzuric and Brendan Wright.

I will have a full analysis of this deal up later today, similar to yesterday’s piece on the Carmelo Anthony Trade.