The Hornets will receive the Nets' second-round pick (No. 45) in Thursday's National Basketball Association draft and a 2021 second-round pick.
June 20th should be named "national trade Dwight Howard day". The deal cannot be made official until the league lifts its moratorium on July 6.
Mozgov was not a significant factor for the Nets this season. He will make $23.8 million next season before becoming a free agent.
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It would be fitting if a buyout did happen, though, given how long the Nets once pursued Howard - only to have him leave them at the altar after that flight from San Antonio to Orlando.
This is a reunion of sorts for Mozgov. Charlotte general manager Mitch Kupchak signed Mozgov to the four-year, $64 million deal with the Los Angeles Lakers two years ago. Next season is the final year of the three-year, $70.5 million contract he signed with the Atlanta Hawks in the Summer of Exploding Cash before being dealt to Charlotte two days before the 2017 NBA Draft. Yet, for Howard, it's not the numbers that are the problem... it's everything else. Acquired along with D'Angelo Russell, Mozgov began the season in the starting lineup but quickly fell out of the rotation entirely on a team that preferred to play small and shoot 3-pointers. He also knows many other players throughout the league. He averaged 16.6 points, 12.5 rebounds, and 1.6 blocks in 30.4 minutes per game, and shot 55.5 percent from the floor.
Getting Timofey Mozgov's contract off the books is a huge salary cap win for the Nets.