SALT LAKE CITY (AP) — The Utah Jazz have traded All-Star guard Deron Williams to the New Jersey Nets in exchange for rookie Derrick Favors, point guard Devin Harris and two future first-round picks.
Jazz general manager Kevin O’Connor confirmed the deal Wednesday, saying it was a win-win situation.
The deal comes two days after the Nets failed to land Carmelo Anthony, who was acquired by the New York Knicks as part of a blockbuster deal with the Denver Nuggets.
Harris, a former All-Star point guard, and Favors, the No. 3 pick in the draft, were part of the package the Nets were offering the Nuggets all season for Anthony.