Announcement of WNBA Franchise
On September 16, 2025, a significant announcement took place at Rocket Mortgage FieldHouse in Cleveland, where Koby Altman addressed the media regarding the establishment of a WNBA franchise in the city. The focus quickly shifted to the Cleveland Cavaliers, who confirmed a major three-team trade that had emerged late the previous night.
Details of the Trade
In this trade, the Cavaliers have successfully secured Dennis Schroder and Keon Ellis from the Sacramento Kings, along with Emanuel Miller from the Chicago Bulls. The deal saw De’Andre Hunter being sent to the Kings, accompanied by a second-round draft pick which went to Chicago. To create roster space for Ellis, the Cavaliers decided to waive Luke Travers, a second-round pick from 2022.
Strategic Insights from Koby Altman
On Sunday afternoon, Altman, who serves as the Cavaliers’ president of basketball operations, elaborated on the strategic thinking behind the trade, emphasizing the necessity of this move given the competitive landscape of the Eastern Conference. He stated,
“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. In a season defined by its parity, this move better aligns us for a deeper postseason run.”
Gratitude and Future Prospects
Moreover, Altman expressed gratitude towards Hunter for his contributions during his time with the team and offered best wishes as he transitions to Sacramento. The statement also acknowledged Travers’ progression as a player, thanking him for his role within the franchise.
Financial Implications of the Trade
A particularly noteworthy aspect of Altman’s remarks highlighted how the trade increased the Cavaliers’ financial flexibility. By executing this trade, the Cavs are projected to save about $50 million in luxury tax payments for the current season. This monetary relief is likely to catch the attention of team ownership, especially as it brings the franchise closer to avoiding the second-apron threshold, which could open doors for potential high-impact acquisitions in the future. As the February 5 trade deadline approaches, the Cavaliers’ front office remains active and may pursue additional moves to further strengthen their roster.