JULY 11, 5:46pm: The deal is now official, tweets Brian T. Smith of The Salt Lake Tribune.
JULY 2, 6:10pm: The Hawks and Jazz have agreed to deal Marvin Williams for Devin Harris, reports Marc Stein of ESPN.com. It's the second deal of the day for new Hawks GM Danny Ferry, who agreed to ship Joe Johnson to the Nets earlier.
The move could be with an eye toward 2013/14 for the Hawks, since Williams has a $7.5MM early termination option for that season while Harris' deal ends after 2012/13. The Jazz appear to be clearing the way for Mo Williams, whom they just acquired from the Clippers last week, to be the starting point guard.
Harris is on the books for $8.5MM next season, while Williams is set to make $8,287,500 next season, so the salaries are close enough to make this a straight-up swap. Harris had been on the trading block since joining the Jazz at midseason in 2010/11, and the Jazz had offered him to the Hawks several times, tweets Brian T. Smith of The Salt Lake Tribune.