Fantasy Basketball Free Agency Moves, Brooklyn Nets Building a Contender

The free agency action is really rolling this week and there are some big moves that will definitely be felt in the fantasy basketball world.  The biggest free agent prize this season was Deron Williams and it’s just been reported that he will remain with the Nets.   The Nets are trying to put together their own big three and so far they are off to a pretty good start with Williams, Joe Johnson and Gerald Wallace.  Now, if they could somehow pull off that deal with the Magic for Dwight Howard.

Here’s what has transpired over the last 24 hours:

Deron Williams has agreed to sign with the Nets for five years and $98 million. (Source: CBS Sports)

The Atlanta Hawks traded Joe Johnson to the Nets in exchange for Jordan Farmar, Anthony Morrow, Johan Petro, Deshawn Stevenson, Jordan Williams and a future first round draft pick. (Source:  ESPN New York)

The Brooklyn Nets have agreed to a deal with Mirza Teletovic for the mid-level exemption three years, $15 million.  (Source:  Ball Don’t Lie, Yahoo)

The Brooklyn Nets have acquired Reggie Evans for a future second round pick.  Evans will get three years, $5 million.  (Source:  ESPN New York)

Rudy Fernandez is leaving the NBA to go play in Spain.  (Source:  Yahoo)

The Toronto Raptors have offered Landry Fields a three year, $20 million deal.  (Source:  Ball Don’t Lie, Yahoo)

Jason Terry will sign a three year deal with the Boston Celtics for the mid-level exemption of around $5 million per year.  (Source:  Ball Don’t Lie, Yahoo)

Eric Gordon has agreed to a four year, $58 million deal with the Phoenix Suns.  The Hornets will have three days to match the offer starting on July 11.  (Source:  Chris Broussard, ESPN)

Semih Erden is leaving the NBA to go play in Turkey.  (Source:  Slam Online)

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