Cavaliers trade Dennis Schröder, pursue Peyton Watson in sign-and-trade
2 sources • 1 min read • Latest: Aug 15, 2026, 6:41 PM
Last updated Aug 15, 2026
The Cleveland Cavaliers have traded Dennis Schröder and cash to the Charlotte Hornets in exchange for Tre Mann. This trade is expected to provide the Cavaliers with the financial flexibility needed to pursue NBA champion Peyton Watson through a sign-and-trade agreement. Watson, currently with the Denver Nuggets, is a key target for Cleveland, which aims to enhance its roster ahead of the next season. With Schröder's contract off the books, the Cavaliers are now viewed as strong contenders to acquire Watson, who is seeking a new contract after not receiving an offer from Denver.
- •Cavaliers trade Dennis Schröder and cash to Hornets for Tre Mann.
- •The move aims to create cap space for acquiring Peyton Watson.
- •Cleveland is focused on enhancing its roster this offseason.
- •Peyton Watson is a prime target for the Cavaliers.
- •Watson seeks a new contract amid a stalemate with the Nuggets.
- 6:41 PMYahoo Sports — Cavaliers reportedly have $62M final hurdle to land 23-year old NBA champion Peyton Watson
- 8:04 PMYahoo Sports — Cavaliers make major move to potentially get Peyton Watson after trading $117M 13-year veteran
"The Cleveland Cavaliers have been in full pursuit of Peyton Watson for some time now. They just made a trade that free everything up to land Watson.
"The Cleveland Cavaliers are close to landing their top priority in Peyton Watson. However, there is one last thing that stands in front of them.
Sources
External links- Yahoo SportsAug 15, 2026, 6:41 PMCavaliers reportedly have $62M final hurdle to land 23-year old NBA champion Peyton Watson
The Cleveland Cavaliers are close to landing their top priority in Peyton Watson. However, there is one last thing that stands in front of them.
- Yahoo SportsAug 14, 2026, 8:04 PMCavaliers make major move to potentially get Peyton Watson after trading $117M 13-year veteran
The Cleveland Cavaliers have been in full pursuit of Peyton Watson for some time now. They just made a trade that free everything up to land Watson.
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