Watch CBS News

Nets Have Deal In Place For Hawks' Joe Johnson

NEW YORK (WFAN) --  The framework of a deal that would send guard Joe Johnson from the Atlanta Hawks to the Brooklyn Nets has been agreed to, two people familiar with the details told CBS Sports on Monday.

Johnson, who is still owed $89.3 million over the next three years, will be reportedly dealt for Anthony Morrow and Jordan Farmar, who will be bought out at Atlanta's expense.

Also reportedly included in the deal are Jordan Williams, Johan Petro, DeShawn Stevenson -- via a sign-and-trade -- and the Houston Rockets' 2013 lottery-protected, first-round pick according to NetsDaily.

The Nets won't give up their own first-round pick in the trade.

The will not be contingent on the Nets re-signing Deron Williams, according to the New York Daily News, but likely spoils any chance of acquiring big man Dwight Howard from the Magic.

The deal will not be finalized until July 11.

Confusing? You know it. Leave a comment below.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.