Fansided · Jul 8, 2018
Brooklyn Nets gain some wiggle room under cap with Dwight Howard buyout complete
The Brooklyn Nets gained roughly $4 million in space under the salary cap after settling the buyout with center Dwight Howard.
Dwight Howard’s brief tenure with the Brooklyn Nets came at a cost of nearly $20 million, but the trade to get the former All-Star from the Charlotte Hornets will pay dividends in cap space for 2019-20.
The Nets made the previously reported trade of Timofey Mozgov and two second-round picks to the Hornets for Howard official Friday afternoon once the NBA moratorium was lifted, then waived Howard after negotiating a buyout of the one year and $23.8 million remaining on Howard’s deal.