Cavs, Kings, Bulls Finalize Trade Involving Ellis, Hunter, More
The Cavaliers, Kings and Bulls have officially completed their three-team trade, according to press releases from Cleveland, Sacramento and Chicago.
The full deal is as follows:
- Cavaliers acquire Keon Ellis, Dennis Schröder, and Emanuel Miller; waived Luke Travers.
- Kings acquire De’Andre Hunter.
- Bulls acquire Dario Saric, 2027 second-round pick, and 2029 second-round pick; waived Jevon Carter.
“After careful evaluation and a clearer view of the Eastern Conference landscape, we believe adding Dennis and Keon strengthens our depth, expands our flexibility, and positions us to keep building a Championship caliber team now and into the future,” Cavs president of basketball operations Koby Altman said in a statement.
“In a season defined by its parity, this move better aligns us for a deeper postseason run. I’m thankful as well to De’Andre, who made an immediate impact upon his arrival to Cleveland and represented the Cavaliers with class. We appreciate everything he did for us both on and off the court, and we wish him the best in Sacramento. We drafted Luke in 2022 and have seen his development improve each year and thank him for his contributions to the franchise.”
Our primary breakdown of the trade can be found here. The involvement of Miller and Travers was outlined here.
The Kings have now have two standard roster openings after sending out three players (Ellis, Schröder, Saric) for one (Hunter). They will have 14 days to get back to at least 14 players on standard contracts. The Cavs and Bulls, meanwhile, have full 18-man rosters.
Cavs Receiving Miller From Bulls, Waiving Travers To Complete Ellis Deal
In order for all three teams to “touch” in the agreed-upon trade involving Keon Ellis, Dennis Schröder and De’Andre Hunter, the Bulls are trading two-way player Emanuel Miller to Cleveland, sources tell Julia Poe of The Chicago Tribune.
The Cavaliers are waiving Luke Travers, who is also on a two-way contract, to make roster room for Miller, as first reported by Olgun Uluc of ESPN and confirmed by Chris Fedor of Cleveland.com (Twitter links).
Miller, a second-year forward, has only made five NBA appearances this season, averaging 3.0 points in 6.6 minutes per game. He’s had a much larger role in the G League with the Windy City Bulls, averaging 17.5 PPG, 6.5 RPG, 2.2 APG and 0.9 SPG on .529/.354/.691 shooting in 21 games (33.8 MPG).
Travers, a former second-round pick, made 12 appearances for the Cavs in his second season, averaging 2.3 PPG and 2.0 RPG in 8.6 MPG. The Australian wing filled the stat sheet in the NBAGL with the Cleveland Charge, putting up 17.1 PPG, 9.0 RPG, 4.9 APG, 1.8 SPG and 1.6 BPG in 15 games (31.5 MPG). He struggled with efficiency, however, posting a .424/.283/.618 shooting line.
The full trade appears to be as follows:
- Cavaliers receive: Ellis, Schröder (from Kings), Miller (from Bulls). Will waive Travers.
- Bulls receive: Dario Saric (from Kings), two second-round picks (a 2027 second-rounder from Cleveland via Denver, and a 2029 least favorable pick from Sacramento). Will waive veteran guard Jevon Carter to acquire Saric.
- Kings receive: Hunter (from Cavaliers). Open two roster spots to eventually promote Dylan Cardwell from his two-way deal.
As Keith Smith of Spotrac observes (via Twitter), the Cavs’ standard roster will be full once the trade is finalized, which means they won’t have room to convert Nae’Qwan Tomlin from his two-way deal. The second-year forward, who has become a rotation regular in Cleveland, can only be active for four more games.
The Cavaliers are still likely to promote Tomlin, Smith notes, whether by making additional trades or waiving a player after the deadline.
Cavaliers To Acquire Ellis, Schröder In Three-Team Trade
The Cavaliers will send De’Andre Hunter to the Kings in exchange for Keon Ellis and Dennis Schröder, sources tell Shams Charania of ESPN (Twitter link). The three-team trade also includes the Bulls, who will pick up Dario Saric from Sacramento and will receive two second-round picks as well.
The trade will save Cleveland nearly $50MM in salary and luxury tax this season, according to Bobby Marks of ESPN (Twitter link).
The Cavs unload Hunter’s $23.3MM contract while taking back Schröder at $14.1MM and Ellis at $2.3MM. The move takes the Cavs from $22MM to just $13.9MM above the second apron and brings their total payroll down to $221.7MM, per cap expert Yossi Gozlan (Twitter link).
The Cavaliers were among many reported suitors for Ellis, an accomplished defensive guard who is set for free agency this summer. He will become eligible for an extension worth up to $52MM over three years on February 9, and Cleveland will acquire his Bird rights in the deal.
Ellis fell out of the Kings’ rotation early in the season, which prompted trade speculation, but he still appeared in 43 games, averaging 5.6 points and 1.1 steals in 17.6 minutes per night with .397/.368/.625 shooting numbers.
Schröder, 32, will be joining his 11th NBA team. He was one of Sacramento’s major offseason additions, agreeing to a three-year, $44.4MM contract as part of a sign-and-trade deal with Detroit. However, he shot poorly from the field and eventually lost his starting job to Russell Westbrook. Schröder has two more years left on his contract at $14.8MM and $15.5MM with a $4.3MM guarantee on the final season. He’s also a strong defensive guard and had a positive impact on the Pistons after they traded for him at last year’s deadline.
Gozlan points out (via Twitter) that the Cavs have an opportunity to get below the second apron by unloading Lonzo Ball‘s $10MM contract and a couple of minimum salaries. He notes that they have three more tradable second-round picks to use for further moves before the deadline.
The Cavaliers added Hunter in a deal last February in hopes that he would become a dependable small forward to team with their four established starters. However, he has been more effective off the bench since coming to Cleveland and wound up being an expensive backup with the emergence of Jaylon Tyson. He has one more year left on his contract at $24.9MM and will get a chance to revive his career in Sacramento.
In a full story, Charania notes that trading two players for one will give the Kings roster flexibility to convert two-way big man Dylan Cardwell to a standard contract.
Saric, who has an expiring $5.4MM deal, will be absorbed into a $6.2MM trade exception Chicago has from last year’s Zach LaVine deal, according to Marks (Twitter link). The Bulls don’t have a roster opening, so they’re waiving Jevon Carter in order for the trade to be completed, according to Joe Cowley of The Chicago Sun-Times (Twitter link). The 30-year-old guard has a $6.8MM expiring contract and will become a free agent once he passes through waivers.
Chicago’s draft compensation for helping to facilitate the deal will be a 2027 second-rounder from the Cavs that originally belonged to Denver and a 2029 second-rounder from the Kings that includes stipulations, reports Brett Siegel of ClutchPoints. It will be the least favorable of picks among Detroit, Milwaukee and New York, according to Charania.
League sources tell Siegel that the Cavaliers were reluctant to take on Schröder’s contract during trade negotiations, but the Kings threatened to move onto other offers if they couldn’t unload the veteran guard. Ellis was at the top of the Cavs’ wish list heading into the deadline, Siegel adds, so they decided to accept Sacramento’s terms.
Sacramento was hoping to land a first-round pick for exchange for Ellis, but several teams that had expressed interest recently turned away, including the Pacers, Celtics and Timberwolves, sources close to the Kings tell Sam Amick of The Athletic.
According to Amick, Indiana was concerned about finding enough playing time for Ellis while Bennedict Mathurin is still on the roster. Even though Mathurin may be traded by Thursday’s deadline, the Pacers believed it was too much of a risk to part with a first-rounder.
The Wolves had been willing to include two second-round picks as part of their offer, Amick adds, but their priorities changed over the past week when it began to appear that Giannis Antetokounmpo would be available.
Cavs Sign Tristan Enaruna To Two-Way Contract
One day after waiving Chris Livingston, the Cavaliers have filled their newly created two-way opening, announcing today in a press release that they’ve signed forward Tristan Enaruna to a two-way contract.
Enaruna, 24, went undrafted out of Cleveland State out of 2024 and has signed non-guaranteed Exhibit 10 contracts in each of his first two professional seasons, joining the Celtics for training camp in 2024 and the Cavs for camp in 2025. In each case, he was waived in October and reported to his team’s G League affiliate.
Enaruna appeared in 46 games for the Maine Celtics last season and has seen action in 23 contests for the Cleveland Charge so far in 2025/26. The 6’7″ forward has taken a significant step forward in his second year in the G League, averaging 19.3 points, 5.0 rebounds, and 1.3 steals in 30.8 minutes per game on .533/.355/.750 shooting. His shooting line in ’24/25 was just .466/.294/.588.
While Livingston didn’t suit up much for Cleveland, the team has still used 69 of 90 “under-15” games for its two-way players — a team carrying fewer than 15 players on its standard roster can only have its two-way players active for up to 90 combined games.
Enaruna will be eligible to be active for up to 22 games if he spends the rest of the season with the Cavs, but the club will need to fill its 15th roster spot at some point to take full advantage of that limit. Nae’Qwan Tomlin (who has been active for 44 games) and Luke Travers (19 active games) are Cleveland’s other two-way players.
Cavaliers Waive Two-Way Player Chris Livingston
5:26 pm: Livingston recently suffered a hand injury that will likely keep him out for about a month. That prompted Tuesday’s move, Chris Fedor of Cleveland.com reports.
4:48 pm: The Cavaliers have waived two-way player Chris Livingston, Michael Scotto of HoopsHype tweets.
Livingston signed his two-way deal in late October and appeared in just three games with the Cavaliers this season. He has seen action in 16 NBA G League contests with the Cleveland Charge, averaging 16.1 points and 5.1 rebounds in 25.0 minutes per game.
The 58th overall pick in the 2023 draft, Livingston spent his first two NBA seasons on a standard deal with Milwaukee, the team that drafted him. He rarely played for the Bucks, averaging just 4.7 minutes per game across 42 total appearances over that span.
The 6’6″ small forward played well for the Bucks’ Summer League team last July, earning a new one-year, minimum-salary contract in Milwaukee after having been waived two weeks earlier. That contract was fully guaranteed, but the Bucks decided to release him again ahead of the regular season due to a roster crunch.
Cleveland, which has been dealing with a number of injuries, can now add another player on a two-way deal. Forward Nae’Qwan Tomlin and wing Luke Travers are the Cavs’ other two-way players.
Wizards Sign Skal Labissiere To 10-Day Deal
11:35 am: Labissiere’s 10-day contract is official, the Wizards confirmed in a press release.
8:14 am: The Wizards have agreed to sign big man Skal Labissiere to a 10-day contract, agent Daniel Hazan tells Shams Charania of ESPN (Twitter link).
A first-round pick in 2016, Labissiere appeared in 148 regular season games from 2016-19 for Sacramento and Portland, averaging 7.2 points and 4.5 rebounds in 17.5 minutes per night.
The former Kentucky standout subsequently spent several years out of the NBA, playing in the G League and Puerto Rico before earning another shot with the Kings last season. He appeared in four games with the club while on a 10-day deal last March, seeing his first NBA action in over five years.
Labissiere returned to the G League this fall and has been playing very well for Washington’s affiliate, the Capital City Go-Go. In 26 total games, he has averaged 19.2 points, 7.7 rebounds, 2.5 blocks, and 2.1 assists in 31.0 minutes per contest, with an excellent shooting line of .554/.441/.857.
The Wizards have been carrying an open spot on their 15-man roster since making their two-for-one trade for Trae Young earlier this month, so no corresponding roster move will be necessary to sign Labissiere. Assuming it gets finalized today, his 10-day deal will run through next Thursday (February 5), though the Wizards could cut it short early if they need that roster spot to accommodate a trade-deadline move.
Labissiere will earn $153,330 over the course of his 10-day contract, while Washington carries a cap hit of $131,970. If he’s signed ahead of Tuesday’s matchup vs. Portland, the 6’10” center could be active for up to six games for the Wizards before his deal expires.
Sixers Sign Charles Bassey To 10-Day Contract
JANUARY 26: Bassey’s signing is official, the Sixers announced (via Twitter).
JANUARY 24: Charles Bassey will sign a 10-day contract with the Sixers, sources tell Shams Charania of ESPN (Twitter link).
The move will give Philadelphia 15 players on standard contracts and will enable the team to continue using two-way players Dominick Barlow and Jabari Walker. Both were on the active roster for Saturday’s game against New York, bringing the Sixers to their 90-game “under-15” limit for the season.
Although a player on a two-way contract can be active for up to 50 regular season games, teams can’t use their two-way players for more than 90 combined games if they’re carrying fewer than 15 players on standard contracts.
If Bassey signs on Monday, Barlow and Walker can continue playing on two-way deals through February 4, which takes them to the eve of the trade deadline. In that scenario, Bassey’s 10-day contract would cover the team’s next six games.
Sources tell Keith Pompey of The Philadelphia Inquirer (Twitter link) that the Sixers are trying to get Bassey to Charlotte so he can sign his contract before Monday night’s game. A massive storm that’s covering much of the United States is complicating travel plans.
Bassey, a 25-year-old center, is averaging 19 points and 11 rebounds per game with Santa Cruz in the G League. Following an outstanding Summer League performance with Boston, he signed an Exhibit 10 deal with Atlanta in September. The Hawks waived Bassey prior to the start of the season, and he inked a 10-day hardship contract with Memphis in late October. He appeared in two games during that time, but was let go when the contract expired.
This will be Bassey’s second stint with the Sixers, who selected him with the 53rd pick in the 2021 draft. He was released after playing 23 games as a rookie and spent the next three seasons in San Antonio.
Knicks Sign Dillon Jones To Two-Way Deal
4:39 pm: Jones’ two-way contract is official, per the Knicks (Twitter link)
1:11 pm: The Knicks have reached an agreement on a two-way contract with former first-round pick Dillon Jones, reports Michael Scotto of HoopsHype (Twitter link).
Jones was drafted by the Thunder with the 26th overall pick in in 2024 and won a championship in his first NBA season. However, he played sparingly in Oklahoma City as a rookie, averaging 10.2 minutes per game in 54 regular season outings, then making 10 garbage-time appearances during the team’s title run.
Jones was traded to Washington in a salary-dump deal during the 2025 offseason, then was waived by the Wizards at the end of the preseason. The 6’5″ forward was selected by the Rip City Remix with the first overall pick in October’s G League draft and has spent the first half of the 2025/26 season with Portland’s NBAGL affiliate.
In 24 total outings for the Remix, Jones has averaged 16.5 points, 8.0 rebounds, 7.6 assists, and 1.8 steals in 37.5 minutes per game, posting a shooting line of .428/.336/.782.
The Knicks opened up a two-way slot earlier this month when they waived Tosan Evbuomwan prior to the league-wide salary guarantee date. That means they won’t have to make a corresponding roster move to open up a spot for Jones, who will join Kevin McCullar Jr. and Trey Jemison as New York’s two-way players.
Assuming his new deal is finalized on Tuesday or Wednesday, Jones will be eligible to be active for up to 24 regular season games for the Knicks.
Pacers Sign Tony Bradley To Second 10-Day Contract
JANURY 19: Bradley’s second 10-day contract is official, the Pacers announced (via Twitter).
JANUARY 17: Tony Bradley‘s 10-day contract with the Pacers expired after Saturday’s game, but coach Rick Carlisle told reporters he’ll be signed to another 10-day deal, according to Tony East of Circle City Spin (Twitter link).
Bradley began the season on Indiana’s roster, but he was waived on January 5 before his $2,940,876 salary became fully guaranteed. He was re-signed to a 10-day deal three days later.
Bradley has appeared in six games since rejoining the team, logging at least 15 minutes four times, including tonight as he finished with 12 points and three rebounds in a loss to Detroit. He’s part of a crowded big man rotation along with Jay Huff, Isaiah Jackson and Micah Potter.
The 28-year-old center suffered a fracture on the tip of his right thumb in mid-December that forced him to play while wearing a splint. That and the addition of Potter, who played well after joining the team on December 26, helped to make Bradley expendable.
The Pacers don’t play again until Monday at Philadelphia, so they may wait until then to re-sign Bradley. Assuming that happens, his next 10-day contract would run through January 28, making him eligible for five more games.
Players are only permitted to sign two 10-day contracts with a team during each season. If Indiana wants to keep Bradley on the roster past then, he’ll have to be given a standard deal.
Hawks Sign Christian Koloko To Two-Way Contract
4:27 pm: Koloko’s two-way deal with Atlanta is official, the team confirmed in a press release.
3:35 pm: The Hawks intend to sign free agent center Christian Koloko to a two-way contract, reports Lauren L. Williams of The Atlanta Journal-Constitution (via Twitter).
As our tracker shows, Atlanta currently has a two-way opening and won’t need to waive anyone in order to sign Koloko.
A 25-year-old big man, Koloko opened 2025/26 on a two-way contract with the Lakers, but was cut by Los Angeles near the end of November to make roster space for Drew Timme.
Koloko spent about a week with the G League’s Austin Spurs in mid-December and then signed a 10-day hardship contract with the Grizzlies on December 22. Memphis brought him back for a second 10-day deal, but opted not to sign him for the remainder of the season when that contract expired a few days ago.
Although Koloko played sparingly (six total minutes over two games) for the Lakers to open the season, he was a rotation regular during his 20 days with the Grizzlies, averaging 2.6 points, 4.0 rebounds, 0.9 steals and 1.2 blocks in 17.7 minutes per game across 11 appearances.
Koloko was selected No. 33 overall in the 2022 draft after three college seasons with Arizona. He showed some promise as a rookie with Toronto in 2022/23, but was forced to miss the entire ’23/24 season due to a blood clot issue which has since been resolved. Overall, the three-year veteran has played in 108 career NBA games, averaging 2.8 PPG, 2.9 RPG and 0.8 BPG in 12.5 MPG.