Deron Williams reportedly to join Dallas Mavericks

Point guard Deron Williams who grew up in a Dallas suburb is lined up to join the Mavericks if he clears waivers after reaching a buyout with the Brooklyn Nets, two people with knowledge of the arrangement told the Associated Press on Friday.

The 31-year-old Williams will sign with the Mavericks if he clears waivers Monday, the people said on condition of anonymity because the deal can’t become official until Williams clears waivers. It’s unlikely another team will claim Williams because he has underperformed since signing a max contract to stay with the Nets in 2012 and is still owed about $43 million over the final two years of that deal.

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Kevin Garnett signed his two-year, $16-million contract with Minnesota Timberwolves. Coach Flip Saunders said that he plans to play Garnett about 20 minutes per game and will probably be able to play some back-to-backs.

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The Sacramento Kings made official a trade that sent Nik Stauskas, Carl Landry and Jason Thompson to the Philadelphia 76ers for the draft rights to international players Arturas Gudaitis and Luka Mitrovic, and future draft considerations. The move shed more than $16 million in salary next season for the Kings, who have agreements in place with free agents Rajon Rondo, Kosta Koufos, Marco Belinelli and Omri Casspi.

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Dwyane Wade finalized his deal to stay in Miami, and Amare Stoudemire joined the Heat. Wade signed his $20-million, one-year contract to stay with the Heat. Stoudemire completed a physical and an interview before signing a one-year deal for around $1.4 million.

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The Orlando Magic signed first-round draft pick Mario Hezonja. Terms were not disclosed.