Just hours after dealing Joe Johnson to the Brooklyn Nets, the Atlanta Hawks pulled off their second big trade of the day Monday by sending Marvin Williams to the Utah Jazz for point guard Devin Harris, ESPN's Marc Stein reported on Twitter.
The deal is significant because in his first week, new Hawks general manager Danny Ferry has now shed the Hawks' two biggest contracts. Johnson is owed $89 million over the next four seasons. In 2009, the 26-year-old signed a five-year deal worth more than $37 million. Together, Atlanta shipped off more than $25 million in cap space. ESPN's Tom Haberstroh speculated that it could put the team in the running for two prime free agents next season.
In the Johnson trade, Atlanta received Jordan Farmar, Johan Petro, Anthony Morrow, Jordan Williams and DeShawn Stevenson from the Nets.