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Deron Williams, Nets make it official

Updated: July 11, 2012, 2:26 AM ET
By Mike Mazzeo | Special to ESPNNewYork.com

Deron Williams made it official nearly an hour after the NBA moratorium was lifted Wednesday at 12:01 a.m. ET, signing his five-year, $98 million contract with the Brooklyn Nets in Las Vegas.

Williams has an opt-out in his contract after the fourth year, sources told ESPN.com's Marc Stein.

"Officially a Brooklyn Net! Signed my contract on an iPad Just thank God for this wonderful Opportunity #HelloBrooklyn" Williams tweeted.

"We are obviously thrilled that Deron ...

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