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Report: Jazz, Williams agree to four-year, $70M extension

Updated: July 18, 2008, 4:37 PM ET
ESPN.com news services

The Utah Jazz doled out big-money contracts to land free agents Carlos Boozer and Mehmet Okur in the summer of 2004. Four years later, the Jazz are ready to give star point guard Deron Williams his big payday, too.

Williams' agent, Bob McClaren, told The Salt Lake Tribune on Thursday that Williams has agreed to a contract extension. The team has scheduled a news conference for 5 p.m. Eastern on Friday to announce the deal.

According to league sources, Williams agreed to a three-year ...

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