Cleveland Cavaliers and Charlotte Hornets

Cleveland Cavaliers and Charlotte Hornets. Image via: NBA

It’s Schröder’s ninth career trade, and his 12th team since Atlanta drafted him 17th overall in 2013. Category Details Player traded Dennis Schröder From Cleveland Cavaliers To Charlotte Hornets Return Guard Tre Mann, plus cash considerations Contract status Three-year, $44.4 million deal signed July 2025; owed $14.8 million in 2026-27 Cap impact Cavaliers shed roughly $6.8 million Reported by ESPN’s Shams Charania Career note 12th NBA franchise for Schröder, tying for second-most in league history League sources indicated Cleveland had shopped both Schröder and Max Strus to free up salary for restricted free agent forward Peyton Watson, who has already turned down a four-year, $70 million offer from Denver. NBA insider Brett Siegel laid out the math on X: “Cleveland is now about $42M below the second apron as well. Once he suits up for Charlotte, Schröder ties Chucky Brown, Jim Jackson, Tony Massenburg, Joe Smith and Garrett Temple for the second-most franchises played for in NBA history, at 12. Only Ish Smith, who played for 13 teams, has more.

Dennis Schröder is on the move again. Siegel added that James Harden’s expected return still hinges on price, and that Watson remains the priority target. The Cleveland Cavaliers sent the veteran guard and cash to the Charlotte Hornets on Friday in exchange for Tre Mann, a straight guard swap that doubles as a cap-clearing move for Cleveland and a backcourt reinforcement for Charlotte.