ESPN's Marc Stein reported the Devin Harris to Atlanta Hawks trade, for Marvin Williams. Mike Prada of SB Nation explains the details here with some amazing analysis:

What? Why? RT @ESPNSteinLine: Hawks have agreed in principle to deal Marvin Williams to Utah for Devin Harris to shed even more $

— Mike Prada (@MikePradaSBN) July 2, 2012

Looks like I picked the wrong time to go on holiday . . .

We already went over how Harris has 1 year left on his deal for $8,500.000 dollars. Marvin Williams has two years left on his deal: $8,287,500 in 2012-13, and $7,500.000 in 2013-14. Marvin has an early termination option (ETO) for his last year.

Here's the take on it from Peachtree Hoops (SBN Hawks site)