Dwight Howard gives up $2.6 million of $5.6 million guaranteed salary in buyout with Grizzlies
Dwight Howard and the Memphis Grizzlies completed a buyout on Friday, with the three-time Defensive Player of the Year reportedly giving up $2.6 million of his 5.6 million guaranteed salary in 2019-20.
Sources: Dwight Howard surrendered nearly $2.6M of his $5.6M guaranteed salary to Memphis in buyout. He can earn $2.6M on his vet minimum deal with Lakers — if he survives on roster past early January. Ideal outcome for Grizzlies, who never intended to bring Howard to camp. https://t.co/uLglUip1JT
— Adrian Wojnarowski (@wojespn) August 24, 2019
As Wojnarowski noted though, Howard could get that money from the veteran minimum he is expected to sign with the Los Angeles Lakers. The Purple and Gold offered Dwight a non-guaranteed, meaning he has to make the team’s roster past January to get it.
Howard, now 33 years old, spent the 2012-13 season with the Lakers after requesting a trade from the Orlando Magic. Unfortunately, his time in LA didn’t go as planned and he eventually opted to leave the team in free agency after their first round exit in the 2013 playoffs.
Howard’s post-Lakers career has been anything but storybook, however. What was then perceived as a career on track for Hall of Fame enshrinement has turned more often disaster than a ride off into the sunset. Howard spent three frictional seasons with James Harden and the Houston Rockets before bouncing off three teams in the following three years — not to mention several others he was traded to and immediately waived or bought out.
Dwight’s 2018-19 season was severely limited due to a backside injury, appearing in only nine games for the Washington Wizards.
With the Lakers, Dwight Howard intends to revitalize his career and contribute to the LeBron James-led team hoping to contend for another Larry O’Brien trophy.