Cavs trade Chris Andersen to Hornets, who immediately waive him

Charlotte Hornets General Manager Rich Cho announced today that the team has acquired center Chris Andersen and cash considerations from the Cleveland Cavaliers in exchange for a protected second-round pick in the 2017 NBA Draft. The second-round pick is top-55 protected. In a subsequent move, the Hornets have waived Andersen and the Charlotte roster stands