After a lengthy afternoon meeting with the Hawks on the first day of NBA free agency, eight-time All-Star center Dwight Howard agreed to a three-year, $70.5 million contract with his hometown team Friday night, according to reports.
The deal has an average annual salary of $23.5 million, the same figure Howard, an Atlanta native, was due before he opted out of the final year of his contract with the Rockets. The contract cannot be signed until the end of the NBA moratorium Thursday.
It is unclear what the move means for Al Horford, the Hawks' four-time All-Star center from UF, who began meeting with other teams as he entered free agency. Horford reportedly was to meet with the Rockets and Celtics on Friday.
LAKERS LAND MOZGOV FOR $64M: Free agent center Timofey Mozgov agreed to a four-year, $64 million contract with the Lakers, according to reports. The Lakers moved quickly to use a big portion of their roughly $55 million in cap room on the 7-foot-1 Mozgov, a six-year NBA veteran. It's an eye-popping price for a soon-to-be 30-year-old who made $4.95 million last year and has never averaged 11 points or eight rebounds per game in a season. Mozgov, from Russia, barely played in the postseason after starting 48 regular-season games for the Cavaliers last season. He averaged 5.8 postseason minutes in 13 appearances. In the regular season, after returning from offseason knee surgery, he averaged 6.3 points and 4.4 rebounds. Also, guard Jordan Clarkson agreed to a four-year, $50 million deal to stay with the Lakers, according to reports.
In other notable free agent deals:
• Magic restricted free agent Evan Fournier agreed to re-sign a five-year contract worth $17 million per season. Keeping the swingman, 23, was a top priority for Orlando. The Magic agreed on a contract with point guard D.J. Augustin, who will back up Elfrid Payton.
• Guard Bradley Beal agreed to a five-year, $128 million maximum contract to stay with the Wizards. The former Gator has had injury issues in his four-year career; last season he played 55 games with 35 starts.
• Forward Chandler Parsons left the Mavs, agreeing to four-year, $94 million deal with the Grizzlies. Injuries limited the former Gator to 127 games the past two seasons. Memphis also is keeping point guard Mike Conley, who agreed to a five-year, $153 million deal. Part of the effort to keep Conley included an elaborate video with teammates like Marc Gasol and Zach Randolph boasting of Conley's meaning to the team, and an orchestra was in the video to play off Conley being Memphis' maestro.
• Pistons restricted free agent center Andre Drummond agreed to re-sign for the maximum, a five-year, $130 million deal.
• Heat shot-blocking center Hassan Whiteside agreed to re-sign for four years, $98 million.
• Center Al Jefferson left the Hornets for the Pacers, agreeing to a three-year, $30 million deal. He missed significant time last season (knee) and also sat out five games for violating the league's substance abuse policy.
• Guard Jeremy Lin left the Hornets for the Nets, agreeing to a three-year, $36 million deal.
• Raptors guard DeMar DeRozan agreed to the framework of a five-year deal to stay, with some financial terms still incomplete.
DURANT UPDATE: Thunder free agent Kevin Durant reportedly met with the Warriors. On Thursday he met with Oklahoma City, which can offer the most money in the long run. He also reportedly is scheduled to meet with the Heat, Celtics, Spurs and Clippers.
LEAGUE BANS MAYO: Former Bucks guard O.J. Mayo was dismissed and disqualified from the NBA for violating the terms of the league's anti-drug program. Mayo, 28, was a free agent and not in the team's plans. He can apply for reinstatement in two years.