HoopsHype.com Rumors

The Jazz announced Friday evening a four-team trade involving veteran point guard Mo Williams is official, pending physicals. The Salt Lake Tribune first reported Williams' decision Friday to opt in to his 2012-13 contract, which greenlighted the deal. Salt Lake Tribune

Utah Jazz, Trade, Maurice Williams 

With Mo Williams finally deciding Friday to exercise his $8.5-million contract option, the Clippers and Dallas Mavericks were able to agree to a four-team trade that will bring Lamar Odom back to the Clippers team that drafted him in 1999. Los Angeles Times

Dallas Mavericks, Los Angeles Clippers, Utah Jazz, Trade, Maurice Williams, Lamar Odom 

The Jazz could take on the Williams’ $8.5 million salary and not have to send a player to the Mavericks, which was their preference, because the Jazz instead will send the trade exception it got from trading Mehmet Okur to the New Jersey Nets last season. The trade exception is worth at least $8.5 million. Los Angeles Times

Dallas Mavericks, Los Angeles Clippers, Utah Jazz, Trade, Maurice Williams, Lamar Odom, Mehmet Okur 

The Clippers will send the right rights from their second-round draft pick from Thursday night’s draft, Furkan Aldemir, to the Houston Rockets as part of the deal. Los Angeles Times

Dallas Mavericks, Houston Rockets, Los Angeles Clippers, Utah Jazz, Trade, Maurice Williams, Lamar Odom, Furkan Aldemir 

Brad Turner: Dallas sends LO to Clps, Mo to Utah, draft rights of Furkan Aldemir go to Houston, Dallas gets Jazz trade exception and cash from Rockets. Twitter

Dallas Mavericks, Houston Rockets, Los Angeles Clippers, Utah Jazz, Trade, Maurice Williams, Lamar Odom, Furkan Aldemir 

The Los Angeles Clippers’ Mo Williams has elected to exercise his player option for next season at $8.5 million, meaning the three-team trade sending Odom to the Clippers, Williams to the Utah Jazz and a trade exception to the Mavericks will be submitted for league approval. It should be official by Saturday. Dallas Morning News

Dallas Mavericks, Los Angeles Clippers, Utah Jazz, Trade, Maurice Williams, Lamar Odom 

Brian T. Smith: Source says Mo Williams will join Jazz. Twitter

Dallas Mavericks, Los Angeles Clippers, Utah Jazz, Trade, Maurice Williams, Lamar Odom 

Brian T. Smith: With Mo Williams accepting trade to Jazz, league source says, three-team deal involving Clippers and Mavericks is expected to go through. Twitter

Dallas Mavericks, Los Angeles Clippers, Utah Jazz, Trade, Maurice Williams, Lamar Odom 

Los Angeles Clippers guard Mo Williams has officially picked up his option for next season, clearing the way for a three-way trade that will send Lamar Odom to the Clippers and Williams to Utah, Williams' agent Mark Bartelstein told ESPNLosAngeles.com's Ramona Shelburne ESPN.com

Dallas Mavericks, Los Angeles Clippers, Utah Jazz, Trade, Maurice Williams, Lamar Odom 

"There was no blocking going on," Bartelstein said. "When you make a decision like this, you want to study it very closely. But the more we looked at it, the more excited we were about going back to Utah. Mo's very happy to be going back there." ESPN.com

Dallas Mavericks, Los Angeles Clippers, Utah Jazz, Trade, Maurice Williams, Lamar Odom 

Meanwhile, the Dallas Mavericks and Lamar Odom, sources told ESPN.com's Marc Stein, have agreed to extend buyout deadline in Odom's contract one day until Saturday, leaving one more day to finalize the proposed three-way trade. ESPN.com

Dallas Mavericks, Los Angeles Clippers, Utah Jazz, Trade, Maurice Williams, Lamar Odom 

Eric Patten: Sources tell me that the deal to bring Lamar Odom back to the Clippers will be OFFICIAL shortly. Twitter

Dallas Mavericks, Los Angeles Clippers, Trade, Maurice Williams, Lamar Odom, Utah Jaz 

Ken Berger: "Only paperwork" left to be done on trade sending Odom to Clippers to Jazz, source says. Twitter

Dallas Mavericks, Los Angeles Clippers, Utah Jazz, Trade, Maurice Williams, Lamar Odom 

Williams holds an $8.5 million expiring contract next season. His decision to opt in to the contract was the only issue holding up the trade. Williams hesitated because he wanted to choose the right path for his future in the NBA. After exploring several options, the nine-year veteran decided his best move was to re-join the team that drafted him. Salt Lake Tribune

Dallas Mavericks, Los Angeles Clippers, Utah Jazz, Trade, Maurice Williams, Lamar Odom 

David Aldridge: 3 way sending Lamar Odom back 2 Clips, Mo Williams to Utah & clearing cap room 4 Dallas is close to done, but nor yet official, per sources. Twitter

Dallas Mavericks, Los Angeles Lakers, Utah Jazz, Trade, Maurice Williams, Lamar Odom 

There have been reports that Williams had agreed to pick up the option on his $8.5 million contract for next season on Friday so the Odom deal could go through, but that is inaccurate, according to Clippers officials. Los Angeles Times

Dallas Mavericks, Los Angeles Clippers, Trade, Maurice Williams, Lamar Odom 

That doesn’t mean the deal won’t go through, officials said. Williams has until Saturday to inform the Clippers of his decision whether he would exercise his option for next season. Los Angeles Times

Los Angeles Clippers, Trade, Maurice Williams 

Dan Woike: According to the AP, Mo Williams will pick up his option -- and that means he's headed to Utah and Lamar Odom headed to Clippers. Twitter

Los Angeles Clippers, Utah Jazz, Maurice Williams, Lamar Odom 

Update: A high-ranking source with direct knowledge of the situation says they're not aware of Mo Williams expressing a willingness to join the #UtahJazz. The Jazz remain open to the deal, though. A source close to Williams said the deal is not complete and Williams remains undecided about his future. Sulia

Los Angeles Clippers, Utah Jazz, Draft, Trade, Maurice Williams 

Arash Markazi: Proposed deal to send Odom to Clippers, Mo to Jazz and trade exception to Dallas makes sense and yes, Clippers would rather not help Lakers. Twitter

Dallas Mavericks, Los Angeles Clippers, Los Angeles Lakers, Utah Jazz, Trade, Maurice Williams, Lamar Odom