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Cavaliers trade G Dennis Schröder, cash to Hornets for G Tre Mann

The Cleveland Cavaliers are trading guard Dennis Schröder and cash to the Charlotte Hornets in exchange for guard Tre Mann, per ESPN’s Shams Charania. The deal helps the Cavaliers clear $6.8 million, which moves them to about $29.6 million under the first apron, per Keith Smith. The Hornets add that same salary to their books and will be about $20 million under the luxury tax line.

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