4:34pm: Howard has finalized his buyout with the Nets and will sign a one-year deal with the Wizards for the MLE after he clears waivers, tweets Jared Weiss of The Athletic.
4:11pm: The Wizards plan to offer a contract to Dwight Howard once his expected buyout with the Nets is complete, according to Candace Buckner of The Washington Post.
Howard is technically still a member of the Hornets, but that will change once the moratorium is lifted on Friday. He will be sent to Brooklyn under a deal agreed to two weeks ago, then will hit the open market if buyout negotiations go as planned.
Washington still has its $5.3MM mini mid-level exception to offer, along with a starting job. The Wizards need help in the middle after trading Marcin Gortat to the Clippers for Austin Rivers .