Report: Atlanta Hawks agree to trade Marvin Williams to Jazz for Devin Harris

Just hours after dealing Joe Johnson to the Brooklyn Nets, the Atlanta Hawks pulled off their second big trade of the day Monday by sending Marvin Williams to the Utah Jazz for point guard Devin Harris, ESPN’s Marc Stein reported on Twitter.

Just going online and on SportsCenter: Hawks have agreed in principle to deal Marvin Williams to Utah for Devin Harris to shed even more $

— Marc Stein (@ESPNSteinLine) July 2, 2012

The deal is significant because in his first week, new Hawks general manager Danny Ferry has now shed the Hawks’ two biggest contracts. Johnson is owed $89 million over the next four seasons. In 2009, the 26-year-old signed a five-year deal worth more than $37 million. Together, Atlanta shipped off more than $25 million in cap space. ESPN’s Tom Haberstroh speculated that it could put the team in the running for two prime free agents next season.

Yep, Danny Ferry just made Atlanta a *potential* landing spot for both Chris Paul AND Dwight Howard in FA next season.

— Tom Haberstroh (@tomhaberstroh) July 2, 2012