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The Charlotte Hornets are finalizing a deal to send center Dwight Howard to the Brooklyn Nets, according to ESPN.
In return, per the report, the Hornets will receive center Timofey Mozgov, two second-round draft picks and cash.
According to ESPN, the Hornets will receive the Nets’ second-round pick in Thursday’s draft, as well as a second-rounder in 2021.
The Hornets have been looking to unload Howard and his $23.8 million expiring contract since parting ways with the former regime of general manager Rich Cho and coach Steve Clifford. Those two have been replaced by Mitch Kupchak and James Borrego, respectively.
This is Howard’s third team in three years.
“The deal can’t be completed until the moratorium ends on July 6. The Nets will need money to expire off the salary cap to take on Howard’s salary,” ESPN noted.
The trade will allow the Nets to create two maximum-level slots under the salary cap, the website added.