The Brooklyn Nets have reportedly traded for eight-time NBA All-Star Dwight Howard, sending big man Timofey Mozgov to the Charlotte Hornets. Shortly after, Yahoo Sports' Shams Charania confirmed the deal and the pieces being flipped. He now has a three-year, $70.5 million contract, which he signed with the Hawks in 2016.
Howard averaged 16.6 points and 12.8 rebounds per game in his lone season with the Hornets, but his defensive rating tied a career low and he posted the second-least valuable campaign of his career.
Last season, he ranked third in the National Basketball Association in rebounds per game (12.5) fourth in double-doubles (53), ninth in blocks (1.6) and 11th in field-goal percentage (55.5 percent).
The Nets landed Mozgov last summer as a part of their trade for the Los Angeles' Lakers D'Angelo Russell. Besides Brooklyn, Mozgov has also played for the New York Knicks, Denver Nuggets and Cleveland Cavaliers in his 10 seasons in the National Basketball Association.
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Mozgov, 31, now has a four-year, $64 million contract, which he signed with the Lakers in 2016. While the draft picks will certainly hold value to new general manager Mitch Kupchak, this deal is all about shifting money around.
Mozgov has two years, $32.7 million left on his contract.
The deal won't be completed until after the salary cap moratorium ends on July 6, because the Nets do need some of their expiring contracts to clear before taking on Howard's contract.
The Hornets will get the Nets' second-round pick Thursday night (45th overall) and a second-round pick in 2021, the person said.