Deron Williams expected to sign 2-year deal with Mavs, according to sources

— -- All-Star point guard Deron Williams is expected to join his hometown  Dallas Mavericks on a two-year contract worth about $10 million, sources told ESPN's Marc Stein.

Sources told ESPN.com that Williams' representatives and the Mavericks are already negotiating terms of a deal in advance of Williams clearing waivers after he swiftly secured a buyout with the Brooklyn Nets. Williams would clear waivers 48 hours after his official release by the Nets and, according to sources, wants to join his hometown Mavericks.

NBA.com first reported Williams' buyout Friday. Earlier Friday, ESPN.com first reported that Williams was pressing the Nets to release him so he could sign with the Mavericks, who famously lost a free-agent faceoff for Williams' services in the summer of 2012.

Sources say the Nets will buy out the remaining $43 million on Williams' contract for $27.5 million, with payments to Williams on the buyout amount spread over the next five seasons. The money Williams earns from the Mavericks would be on top of what Brooklyn owes him as part of the divorce.

It's unlikely another team will claim Williams because he has underperformed since signing a max contract to stay with the Nets in 2012.

The Nets' well-chronicled hope was to move out both Williams and fellow former cornerstone Joe Johnson before the start of next season and reduce their luxury tax bill.

But Brooklyn's attempts to trade Williams went nowhere, with a limited trade market seemingly getting thinner. The Sacramento Kings pondered trading for Williams last season, but it's believed the Kings are no longer interested after striking a one-year, $9.5 million deal in free agency with Rajon Rondo.

The Mavericks, sources said, did not pursue a trade for Williams because of the salary-cap space such a move would eat up.

The Mavs famously lost out to the Nets in a heated recruiting battle for the Dallas-area native in the summer of 2012, but Williams' stock as a Net has declined considerably since he agreed to that six-year, $99 million deal to stay with Brooklyn.

Dallas has a significant hole at point guard after its failed Rondo experiment, while sources say Williams is eager for a fresh start after four long seasons. Dallas emerged as his preferred destination, sources said, in part because he could reunite with new Mavs guard Wesley Matthews, his former Jazz teammate.

Williams averaged 13.0 points and 6.6 assists per game last season while shooting a career-worst 38.7 percent from the field.

ESPN's Mike Mazzeo and The Associated Press contributed to this report.