Williams is working towards an NBA return after missing the 2016-17 season as a result of knee surgery, Adrian Wojnarowski of The Vertical reports.

EDGE Analysis

Williams last played for the Cavaliers during the 2015-16 season, where he averaged 8.2 points and 2.4 assists across 18.2 minutes per game while shooting 43.7 percent from the field and 35.3 percent from beyond the arc. While Williams' presence as a veteran could help out a number of teams, his statistics over the past few seasons have been far from eye-popping.

Williams (knee) was claimed off waivers by the Nuggets on Monday, Marc Stein of ESPN reports.

EDGE Analysis

In what's turned into somewhat of a running joke, Williams will technically return to the Nuggets for the second time in the last week in a move aimed at helping Denver reach the NBA's salary floor. The expectation is that Williams will be waived in short order, and once that happens all signs point to the Nuggets re-signing Alonzo Gee to a second 10-day contract to fill the vacant roster spot. As for Williams, he'll return to the free agent pool, as he still has not officially filed for retirement through the league office. While he hasn't played a single game on the season, the veteran has officially made stops in Cleveland, Atlanta, Philadelphia and Denver (twice).

Williams was waived by the 76ers on Friday, Tom Moore of the Bucks County Courier Times reports.

EDGE Analysis

The 76ers claimed Williams off waivers from the Nuggets earlier in the day, but it was only a procedural move to draw closer to the league's salary floor, as the team never intended to have the point guard, who has essentially indicated that he's retired, report to Philadelphia. In order to facilitate Williams' brief acquisition, the 76ers first let point guard Chasson Randle's 10-day contract expire. After Williams was claimed and then subsequently waived, Randle was signed to a second 10-day contract to fill the 76ers' 15th roster spot.

Williams was claimed off waivers Friday by the 76ers, Marc Stein of ESPN reports.

EDGE Analysis

Williams is essentially retired, but is yet to file the retirement papers, technically making him an active player. He underwent knee surgery earlier this season, so he is essentially being used to bring the 76ers closer to the salary floor by paying the salary he is owed. Claiming Williams should have no impact on Philadelphia's roster as it currently stands.

Williams was traded to the Nuggets late Tuesday night in exchange for the rights to 2005 draft pick Cenk Akyol, the Denver Post reports.

EDGE Analysis

The deal was simply made for cap purposes, as it helps the Nuggets inch closer to reaching the league's salary floor. Acquiring Williams, and his salary hit of $2.1 million, brings the Nuggets to roughly $77 million in team salary, $7 million away from the $84 million cap floor. Since Williams' contract is prorated, Denver will only pay him about $400,000 in salary, but his cap hit will remain at $2.1 million. Atlanta, meanwhile, creates a trade exception by dealing Williams, who is essentially retired, despite the fact that he's yet to officially submit his retirement papers to the league office. All in all, the deal is a thinly veiled salary-motivated move for both sides, as it was expected that the Hawks would eventually dump Williams' salary after acquiring him from Cleveland in the Kyle Korver deal. In order to temporarily clear a roster spot for Williams, the Nuggets opted not to sign Alonzo Gee to a second 10-day deal, but with Williams now off the roster, the team could bring Gee back on another short-term contract.

Williams (knee) was officially traded to the Hawks on Saturday, Chris Vivlamore of the Atlanta Journal-Constitution reports.

EDGE Analysis

The announcement is essentially a formality, as the framework of the deal has been in place since Thursday evening. The Cavaliers will receive veteran sharpshooter Kyle Korver from Atlanta, while sending Williams, Mike Dunleavy and a future first-round pick back to the Hawks. Williams, who underwent a knee procedure in October, has not played this season, and he'll likely be waived at some point.

Williams (knee) will be shipped to the Hawks in the trade that will send Kyle Korver to the Cavaliers, Jason Lloyd of the Akron Beacon Journal reports.

EDGE Analysis

The Cavs' acquisition of Korver isn't official and may not be finalized until Saturday, as there's a possibility that more players and/or draft picks, along with an additional team, could be incorporated in the trade. While the Hawks are also expected to take on Mike Dunleavy in addition to Williams, their main prize will be a future first-round pick. Williams hasn't been taking part in activities with the Cavaliers after indicating prior to training camp that he planned to retire, but he has yet to officially file his retirement papers to the league office. Trading Williams to the Hawks will simply free up a roster spot for the Cavaliers to add an additional player, most likely a point guard.

Williams underwent a surgical procedure on his left knee Wednesday, Cleveland.com reports.

EDGE Analysis

Last month, the veteran informed the Cavaliers that he would not return to the team, but it's worth noting Williams is yet to officially file retirement papers with the league office. Williams still has $2.2 million remaining on his current contract, and if he opts for retirement, that money would be voided. Cleveland's preference at this point is to negotiate a buyout with Williams, but until they're able to either do that or trade the 34-year-old, he'll technically occupy a spot on their roster, as well as their financial ledger. Trading Williams seems unlikely considering his age and the fact that he just underwent surgery, so it's unclear how the situation will play out. At present, with Williams still on the books and the J.R. Smith saga unsettled, the Cavaliers can only roster 14 other players, which could impact the status of borderline players like Jordan McRae, DeAndre Liggins, Dahntay Jones and Toney Douglas.

Williams' agent told general manager David Griffin that he will retire, Sam Amico of Amico Hoops reports.

EDGE Analysis

Just a day after confirming that the 2016-17 season will be his final one, it appears as though Williams has changed his mind on playing. The 33-year-old will end his career with averages of 13.2 points, 4.9 assists and 2.8 rebounds per game, and his departure opens the door for rookie Kay Felder to serve as the team's primary backup point guard.

Williams confirmed that the 2016-17 season will be his final year in the NBA, Chris Haynes of the Cleveland Plain Dealer reports.

EDGE Analysis

Williams had been contemplating retirement in recent weeks, but announced in an Instagram post on Sept. 21 that he would be back for one more year. However, Williams said he has no intention of pursuing a new deal when his contract expires after the season, so it appears he's already made up his mind about the future. The 33-year-old is set to open the season as the top backup to Kyrie Irving at point guard, but it wouldn't be surprise if he lost out on playing time to rookie Kay Felder as the campaign wears on.