Report: Jazz, Williams agree to $70M extension

by FOXSports.com

Young guards Deron Williams of the Jazz and Chris Paul of the Hornets are often mentioned in the same sentence by basketball fans admiring their skills.

And now they're linked by money. Less than two weeks after New Orleans gave Paul a contract extension, Utah has called a news conference for today to announce that Williams has agreed to an extension, The Salt Lake Tribune reported Friday.

The deal is for three years plus an option, the paper reported, and could reach a value of approximately $70 million, the maximum allowed by the NBA's collective bargaining agreement, with the option. Paul's similarly fashioned deal is valued at about $68 million.

Jazz GM Kevin O'Connor declined comment on the report.

Report: Jazz, Williams agree to $70M extension....