Cleveland Cavaliers trade Dennis Schroder to Charlotte Hornets

The Cleveland Cavaliers have traded guard Dennis Schroder and cash to the Charlotte Hornets in exchange for guard Tre Mann. The move provides Charlotte with an experienced veteran at point guard while granting Cleveland significant financial flexibility. By swapping Schroder for Mann, the Cavaliers have moved roughly $32 million below the first luxury tax apron and $44 million below the second apron.

Following this trade, the Cavaliers are reportedly searching for further ways to shed salary, specifically looking to move Max Strus as he enters the final year of his contract. The organization aims to create enough cap space to potentially pursue players such as Jonathan Kuminga or Peyton Watson, and remains in communication regarding a potential deal for James Harden.