October 25, 2019, 12:13 pmTimofey MozgovC, Orlando Magic
The Magic have been granted permission to remove the remaining salary on Timofey Mozgov's contract from the books.
Believe it or not, Orlando would've been on the hook for another $16.7 million over three years if this request hadn't been granted. Mozgov's contract. With this news, one of the worst contracts in NBA history is officially voided. The Magic had already waived Mozgov, who has since returned to Russia to play ball in his home country. This move serves as a reminder of the Lakers' dreadful history of front office maneuvers in recent years and gives the Magic some welcome cap flexibility heading into the season.
Source: Marc Stein on Twitter