The San Antonio Spurs have traded Devonte Graham and a future second-round pick to the Charlotte Hornets, reports Adrian Wojnarowski.
As a result, the Texas team gains about 2.8 million in cap space, or the guaranteed portion of the point guard’s contract.
Graham will be released by the Hornets.
According to Gozlan’s calculations, the Spurs now have 19.1 million in salary space, enough to facilitate the sign-and-trade between the Kings and Bulls that would bring DeRozan to Sacramento.
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