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Hornets acquire Dennis Schroder, expected to waive Pat Connaughton

Yahoo Sports • 1 min read • Latest: Aug 15, 2026, 7:08 PM

Last updated Aug 15, 2026

Hornets acquire Dennis Schroder, expected to waive Pat Connaughton

Summary

The Charlotte Hornets traded for Dennis Schroder from the Cleveland Cavaliers on August 14, 2026. This move is part of the Hornets' push to bolster their roster after trading LaMelo Ball to the Minnesota Timberwolves. With 17 players currently under contract, the team is expected to waive Pat Connaughton, an NBA champion with the Milwaukee Bucks, due to roster limitations. Connaughton's potential waiver comes after he helped the Bucks win the championship in 2021, where he played a vital role alongside Giannis Antetokounmpo. Further roster adjustments are anticipated before the season begins.

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Key Details

•Hornets trade for Dennis Schroder from Cavaliers
•Hornets previously traded LaMelo Ball to Timberwolves
•Team has 17 players under contract, over the limit
•Pat Connaughton likely to be waived
•Connaughton was part of the Bucks' 2021 championship team

Latest Updates

7:08 PMYahoo Sports — Hornets expected to waive $52M NBA champion after acquiring Dennis Schroder from Cavaliers

What they're saying

"
The Charlotte Hornets have too many over the roster limit that is going to force them to waive someone. Unfortunately, a former NBA champion looks to be on his way out.
— Yahoo Sports

Related Teams & Leagues

Charlotte Hornets Cleveland Cavaliers Los Angeles Lakers Minnesota Timberwolves Phoenix Suns Denver Nuggets Houston Rockets Milwaukee Bucks NBA Basketball

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External links

Yahoo SportsAug 15, 2026, 7:08 PM
Hornets expected to waive $52M NBA champion after acquiring Dennis Schroder from Cavaliers
The Charlotte Hornets have too many over the roster limit that is going to force them to waive someone. Unfortunately, a former NBA champion looks to be on his way out.

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