A traffic manager is shared amongst two or more egress blocks of a network device, thereby allowing traffic management resources to be shared between the egress blocks. Among other aspects, this may reduce power demands and allow a larger amount of buffer memory to be available to a given egress block that may be experiencing high traffic loads. Optionally, the shared traffic manager may be leveraged to reduce the resources required to handle data units on ingress. Rather than buffer the entire unit in the ingress buffers, an arbiter may be configured to buffer only the control portion of the data unit. The payload of the data unit, by contrast, is forwarded directly to the shared traffic manager, where it is placed in the egress buffers. Because the payload is not being buffered in the ingress buffers, the ingress buffer memory may be greatly reduced.