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Cavs, Kings, Bulls Finalize Trade Involving Ellis, Hunter, More

February 2, 2026 by Hoops Rumors

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.

Filed Under: Bulls

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