Williams to re-sign with Brooklyn Nets

4 July 2012 /REUTERS

Deron Williams will re-sign with the Brooklyn Nets, the point guard confirmed on his Twitter account on Tuesday, ending speculation that he would cross to the Dallas Mavericks.

Williams, a three-time All Star, met with representatives from both teams this week and ultimately chose the Nets franchise which has moved from New Jersey to Brooklyn and will play in a new arena in the coming season. Williams will sign a five-year deal worth $98 million, local media have reported.

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