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Nuggets to Pick Up Team Option on Mozgov?

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The only official piece of business left out there is the matter of picking up the team option for next season on center Timofey Mozgov’s contract. That can be done at any time until June 29. The deadline date of many of those, however, are individually negotiated.

In any case, the Nuggets are expected to pick up the team option on Mozgov’s contract, which will pay him nearly $5 million next season, the final year of his current contract. He would then be a restricted free agent in the summer of 2016.

via Christopher Dempsey of The Denver Post

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Sources: 76ers Promote Elton Brand to General Manager

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Philadelphia has hired Elton Brand as general manager, league sources tell ESPN. Brand will be elevated from VP of Basketball Operations. He made strong impression on ownership and Brett Brown in process, beating out several inside and outside candidates.

Source: Adrian Wojnarowski on Twitter

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Sources: NBA Updates Salary Cap Projections for Future Seasons

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Sources: The NBA has informed its teams of updated projected salary cap and tax level for 2019-20 ($109M, $132M) and 2020-21 ($118M, $143M).

Sources: Shams Charania on Twitter

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Sources: Pelicans, Jarrett Jack Agree to Deal

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Free agent guard Jarrett Jack has agreed to a one-year deal with the New Orleans Pelicans, per league sources.

Source: Shams Charania on Twitter

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