8:26pm: Atlanta negotiated a buyout of Williams' deal as his $762K salary for the upcoming season was guaranteed, tweets Michael Cunningham of the Atlanta Journal-Constitution. However, his $884K salary for 2013/14 was non-guaranteed.
The 6'10" Maryland grad saw 14.8 minutes per game for the Nets in his rookie season, averaging 4.6 PPG and 3.6 RPG. Williams was set to earn $762K this season and $884K in 2013/14.
New Jersey tabbed Williams with the 46th overall pick in the 2011 draft but the rookie was inches away from playing overseas instead. Williams agreed to a deal with Poland's Zastal Zielona Góra during the lockout but was able to get out of his commitment once the labor dispute was settled.