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The Cleveland Cavaliers are trading De'Andre Hunter to the Sacramento Kings for Dennis Schroder and Keon Ellis, sources told ESPN.
The three-team deal includes the Chicago Bulls acquiring Kings forward Dario Saric and two future second-round picks, sources said.
The Cavaliers turn Hunter's salary slot into depth at point guard with Schroder and a top defender on the market with Ellis. The Cavaliers also save about $50 million in salary and luxury tax bills this season because of the transaction and drop their tax bill from $164 million to $120 million, according to ESPN's Bobby Marks.
The Cleveland Cavaliers have acquired guards Keon Ellis and Dennis Schröder from the Sacramento Kings in exchange for De'Andre Hunter, ESPN's Shams Charania reports.
Hunter, 28, was dealt to the Cavaliers before last season's NBA trade deadline from the Atlanta Hawks for a package that included Caris LeVert, Georges Niang, three second-round picks and two swaps. However, he fell out of head coach Kenny Atkinson's rotation in recent weeks.
BREAKING: The Cleveland Cavaliers are trading De'Andre Hunter to the Sacramento Kings for Dennis Schroder and Keon Ellis, sources tell ESPN. The three-team deal includes the Chicago Bulls acquiring Kings forward Dario Saric and two future second-round picks. pic.twitter.com/Hoc6bP0hhj
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CLEVELAND, Ohio — The Cavs appear to be moving closer to a significant trade, with De’Andre Hunter potentially headed to the Los Angeles Lakers in a deal that would address both basketball fit and financial flexibility for the wine and gold.
On the latest Wine and Gold Talk podcast, cleveland.com beat reporter Chris Fedor dropped a bombshell regarding discussions between the two teams: “My sources tell me that the Cavs and the Lakers have discussed a general framework surrounding De’Andre Hunter for Rui Hachimura and Dalton Knecht and then bringing in a third team.”
This potential trade represents much more than a simple player swap. For Cleveland, it addresses multiple needs simultaneously – most importantly, providing crucial financial breathing room for a team currently squeezed by the NBA’s punitive second apron tax penalties.
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