NBA Star Deron Williams Signs $98 Million Contract -- on His iPad

Now That's How to Make Technology Work For You

Brooklyn Nets star Deron Williams not only saved some trees when signing his new NBA contract, he saved some ink, too: Williams signed a five-year, $98 million contract extension on Tuesday on his iPad.

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Williams is currently training in Las Vegas to play for the U.S. Olympic basketball team, so he had to conduct his business long-distance. And it was iPad to the rescue, as Williams signed the fat deal and immediately tweeted his good news to his fans, MSN reports.

"Officially a Brooklyn Net! Signed my contract on an iPad. Just thank God for this wonderful Opportunity ???#HelloBrooklyn???," Williams tweeted.

Williams, who played college basketball at the University of Illinois, is a three-time NBA All-star and won a gold medal as part of the 2008 U.S. Olympic team.

He previously played in the Turkish Basketball League and the NBA's Utah Jazz, after being the third overall pick in the 2005 NBA Draft.

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His sweet $98 million deal comes after a season in which he averaged 21 points per game, and scored 57 points in one March game against the Charlotte Bobcats.

Now, if only we could all find ways to turn our iPads into million-dollar payouts …