Hornets agree to trade Howard to Nets for Mozgov

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A person familiar with the situation says the Charlotte Hornets have agreed to trade eight-time All-Star center Dwight Howard to the Brooklyn Nets for center Timofey Mozgov and two future second-round draft picks. Shortly after, Yahoo Sports' Shams Charania confirmed the deal and the pieces being flipped. The 32-year old big man will now change teams for the third time in three years following moves from Houston to Atlanta to Charlotte and now Brooklyn.

Just a day before the NBA Draft, the Brooklyn Nets and the Charlotte Hornets have taken steps towards rebuilding their franchises by participating in a trade, with the main mover in that trade being Dwight Howard. Mozgov, on the other hand, will make $16 million next season in addition to $16.7 million the year after.

He played in only 31 games last season for the Nets, averaging 4.2 points and 3.2 rebounds.

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Mozgov, who had recently criticized the coaching staff for the Nets, signed a massive deal with Los Angeles when Mitch Kupchak was the team's general manager in 2016. By contrast, Howard has averaged 17.4 points, 12.7 rebound and two blocks per game since joining the league in 2004. There would be no need to stretch the buyout (nor would that be wise with Deron Williams still showing up on the cap list for the next two years at nearly $5.5 million per annum).

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.