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The Cleveland Cavaliers have agreed to trade forward De'Andre Hunter to the Sacramento Kings in exchange for guard Dennis Schroder and wing Keon Ellis, as reported by Shams Charania.

According to sources from ESPN, the three-team trade also involves the Chicago Bulls, who will receive Kings forward Dario Saric and two future second-round draft picks.

This marks the second major trade of the current season, following the earlier move that sent Trae Young to the Washington Wizards.

"Cavs turn Hunter's slot into backcourt depth and create $50 million in salary and tax savings this season," Carania later said.

"Kings receive an established three-and-D wing under contract through 2027 at age of 28 and roster flexibility, including converting two-way Dylan Cardwell to a standard deal."