ESPN reported that the Cavaliers are sending forward Larry Nance Jr. to the Trail Blazers and a 2023 second-round pick to Chicago in the trade for Markkanen, a former restricted free agent who signed a four-year, $67 million deal as part of the sign-and-trade. To finalize the trade, Portland is shipping swingman Derrick Jones Jr. and a lottery-protected first-round pick in the 2022 draft to the Bulls.
Markkanen, 24, averaged 13.6 points and 5.3 rebounds per game in Chicago last year in 51 games. The Minnesota Timberwolves had selected Markkanen with the No. 7 overall pick in the 2017 NBA draft.
Though Markkanen’s offensive production has been inconsistent, he is a solid defender and joins a revamped Cavaliers squad that will also feature the No. 3 overall selection of the 2021 NBA draft and another big man in center Evan Mobley. The Cavs also signed center Jarrett Allen to a five-year, $100 million contract with earlier this month.
Nance is also an able defender, and he joins a Portland team that ranked 23rd in the NBA, giving up 114.3 points per game in the 2020-21 season.
This article originally appeared on USA TODAY: Cavaliers land Lauri Markkanen from Bulls in 3-team sign-and-trade
Source: Yahoo Sports