as I understand it (perhaps a joke in itself) Deron will have to cover the cost of an insurance policy to pay his NBA salary if he is injured an unable to play, or negotiate with the Turkish team for them to pay for the coverage
Williams' deal will be for one year and $5 million, sources told ESPN The Magazine's Chris Broussard.
Besiktas coach Ergin Ataman told the New York Times that the team also has an agreement with Atlanta Hawks center Zaza Pachulia.
Ataman told the newpaper Besiktas isn't done chasing NBA players.
"If there's a possibility, we'll talk with Kobe (Bryant) if he'd like to play in Europe with Deron and with other guys to play we can talk with him," Ataman said. "If Kobe would like to play with us, we will also contact his agent and maybe with him."
Ataman told the newspaper that Williams' deal would become official in the next 24 hours and that the club's president, Seref Yalcin, would join Williams for a news conference in the United States next week. Besiktas officials held a similar news conference in New York when they signed Iverson last October....
...Sources say Williams would not be required to report to the Turkish club before the end of August or early September and that his deal with them would include an immediate out that allows him to return to the NBA as soon as the work stoppage ends....
...The bigger risk for Williams is injury-related, especially after he was plagued by a wrist injury throughout the second half of last season after the Nets acquired him from Utah on Feb. 24. The injury required surgery on Williams' right wrist after the season.
The guaranteed NBA money Williams is owed by the Nets -- nearly $34 million if Williams does not opt out of the $17.8 million he's owed in 2012-13 -- would not be protected in the event of injury overseas. That means either Williams or Besiktas will have to make insurance arrangements that protect him against long-term injury.