EDIT: He did get better offers from other teams:
I read that D-Will played a part in convincing Watson to come over. D-Will also said that he's not done. He's going to make some more recruiting.Stefan Bondy @NYDNInterNets
CJ Watson turned down more lucrative offers from multiple teams to sign w/ Nets according 2 agent. Phone call from @DeronWilliams sealed it.
We now have:
PF: Tele/Evans (I'm expecting Hump to be signed anytime now)
Since Deron and Taylor can easily play the SG position, we just need another SF and another C. I'd love to sign Grant Hill but it's kinda far-fetched. I'd settle for Miles or Barnes.