Cavaliers paid $4 million to move Dennis Schröder’s contract

Cleveland sent approximately $4 million to Charlotte as an incentive for the Hornets to take on Dennis Schröder’s contract, allowing the Cavaliers to complete the trade without giving up any draft capital.

Cleveland avoided giving up draft picks

According to Chris Fedor of cleveland.com, the Cavaliers sent roughly $4 million in cash to the Charlotte Hornets to convince them to absorb Schröder’s contract.

Cleveland’s priority was to avoid including draft picks in the deal, and the franchise ultimately managed to do so.

 

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Schröder traded for Tre Mann

The Cavaliers sent Dennis Schröder and cash to Charlotte in exchange for Tre Mann, giving Cleveland additional salary flexibility while avoiding the loss of future draft assets.

The move allows the Cavaliers to continue reshaping their roster without sacrificing draft capital in order to move Schröder’s contract.

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