Utah Jazz forward Marvin Williams has elected not to exercise his early termination option for the 2013-14 season, giving him one more year under contract before becoming an unrestricted free agent in the summer of 2014, a source informed CSNNW.com.
In fact, the same source that spoke on the condition of anonymity because the decision has yet to be announced, says the process has already been completed.
Williams, 26, will earn $7.5 million next season, which is the final year of a five year, $37.5 million deal he signed with the Atlanta Hawks in 2009.
The No. 2 overall pick in the 2005 NBA Draft recently had surgery to repair his right heel and right Achilles tendon and is expected to be sidelined up to six months.
During his eight-year career, the small forward averages 11.0 points, 5.1 rebounds and 1.3 assists.