Breaking News: Jazz Trade Deron Williams To Nets For Devin Harris, Derrick Favors And Picks

Rather than put an end to trade-season in the NBA, it appears as though the Carmelo Anthony deal has only helped get things started.  One day after the Denver Nuggets traded Carmelo Anthony to the Knicks, New York’s other team, the New Jersey Nets, decided to make a blockbuster deal of their own.

Yahoo! Sports is reporting that the Utah Jazz have traded All-Star guard Deron Williams to the Nets in exchange for Devin Harris, Derrick Favors and two first round draft picks.  It is believed that Golden State would also be involved in the deal, sending Dan Gadzuric and Brandan Wright to the Nets in exchange for Troy Murphy.

The Nets attempted to acquire Melo during the All-Star break, but were unsuccessful as they watched their New York rivals swoop in and get a deal done with the Nuggets.  That forced New Jersey to move onto the next one, and that is exactly what they did.  Although, there were several questions surrounding who that next one would be.  Some believed it could have been Chris Paul or Dwight Howard, but it now appears as though Deron Williams was the one they coveted, and after several failed attempts at acquiring other NBA superstars, Nets owner Mikhail Prokorov finally got his man.

So, with time still remaining before Thursday’s trade deadline, could there be more blockbuster moves to come?  Stay tuned to find out.

Hat Tip – [Yahoo! Sports]

Tags: blockbuster, brandan wright, Carmelo Anthony, dan gadzuric, Deron Williams, Derrick Favors, Devin Harris, Golden State Warriors, Mikhail Prokorov, New Jersey Nets, trade, Troy Murphy, Utah Jazz,