The Nets would be open to trading Williams, but don't think they would have to include draft picks or young players in a potential deal, the report says.
From the report:
After the teams' front office officials again talked on Wednesday, both sides insisted they weren't budging on Plumlee's inclusion into a proposed trade and agreed there was no use discussing the deal further in the near future, league sources said.
"Talks aren't dead, but nothing's going to happen with Plumlee involved," a league source told Yahoo Sports.
Williams has more than $43 million remaining on his contract, which expires in 2017. He was once considered one of the top point guards in the league, but his production has declined in recent years. Over 25 games this season, Williams is averaging 15.6 points and 6.8 assists.
Plumlee is in his second season since being drafted in the first round out of Duke in 2013. He was a member of Team USA's championship team at the FIBA World Cup this summer and has averaged 8.6 points and 6.3 rebounds over 27 games with the Nets this season.
Brooklyn (12-15) will face the Celtics in Boston on Friday.