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Cavs Sent Hornets $4M Instead Of Draft Pick In Dennis Schroder Trade

The move gives Cleveland financial flexibility and a $6.1 million tax mid-level exception while Charlotte adds a veteran backup point guard.

Summary by realgm.com
The Cleveland Cavaliers reportedly sent the Charlotte Hornets $4 million in cash in the trade that swapped Dennis Schroder for Tre Mann. The Cavs sent the $4 million in place of sending the Hornets a draft pick. In trade talks with other teams, Cleveland found that teams were requesting draft capital to take on Schroder's contract. The veteran point guard is owed $14.8 million for this season and $15.5 million for 2027-28. The final season of Sc…

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Washington, Aug 16 (Latin Press) Veteran base Dennis Schroder will move from Cleveland Cavaliers to Charlotte Hornets in exchange for escort Tre Mann and cash, today assure media outlets. The post NBA: Schroder reports exchange of German to Charlotte first appeared on News Prensa Latina.

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realgm.com broke the news on Saturday, August 15, 2026.
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