The Howard-Mozgov salary swap
Nets' 2021 2nd round pick
Undisclosed cash considerations
Like many others, my first thought when I saw the news was that Howard is finally a Net after the "Dwightmare" six years ago, but alas, the union won't last long. As Tim Bontemps speculated yesterday, Brooklyn will likely buyout the last year of the enigmatic big man's deal to put the exclamation point on this salary dump. With Mozgov's money off the books, the Nets are now in position to have enough cap room for two max contracts a year from now and still keep the cap holds of Rondae Hollis-Jefferson and Spencer Dinwiddie. They also still have the 40th pick tonight, lessening the blow of sacrificing the second rounders. Because the difference in salary is more than the amount of cap space they have right now, this deal can't become official until the new league year starts on July 6th. They'll have to renounce the cap holds of some of their free agents, but they can still keep Joe Harris' rights and have around $5.8 million in room left.