NBA Trade Deadline: Deron Williams Traded To the New Jersey Nets

Sachin AroraCorrespondent IFebruary 23, 2011

The Nets lost the Carmelo Anthony sweepstakes, but that doesn't mean that they weren't still looking for a superstar.

The New Jersey Nets will send Devin Harris and Derrick Favors, along with two first-round picks to the Jazz for Deron Williams.

Williams is considered one of the best, if not the best point guard in the game today by many, and this is a huge deal for the Nets. They finally have a solid core and will most likely be a playoff team next season.

Williams is set to be a free agent in 2012 and cannot re-sign until the CBA bargaining is finished.

The Jazz will get two picks, one of them likely a lottery pick, but they will also get two great young players. Devin Harris is an underrated point guard who is very quick and a great scorer, and he's still pretty young. Rookie Favors was the third pick in 2010 draft, but ultimately hasn't been very productive with the Nets and hopefully he can excel with the Jazz.

Does this mean the Jazz are rebuilding? It very well could be. Trading your star is usually an indication of blowing things up, and this is yet another case of a star shifting to the East and another team could be dropping out of the playoff race in the West.

The East once again just got more interesting.

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