Larry Nance Jr. Rumors | Hoops Rumors

Cavaliers Acquire Lauri Markkanen In Three-Team Sign-And-Trade

August 28th, 2021 at 5:17pm CST by Arthur Hill

AUGUST 28: The trade is official, the Cavaliers announced in a press release.

“We are extremely fortunate as an organization to be in a position to acquire another young and talented player with the skill-set of Lauri Markkanen,” said Cleveland general manager Koby Altman. “He has the proven ability to play multiple positions and stretch the floor from the perimeter and, at 24-years-old, we believe his best basketball is in front of him. We are committed to establishing a winning culture in Cleveland that can be sustained over time and Lauri helps elevate that description.”

AUGUST 27: The Cavaliers will acquire Lauri Markkanen from the Bulls in a sign-and-trade deal that also includes the Trail Blazers, tweets ESPN’s Adrian Wojnarowski.

Portland will receive Larry Nance Jr. in the deal, according to Wojnarowski, and will send Derrick Jones Jr. and a 2022 protected first-round pick to Chicago. The Bulls will also get a Nuggets 2023 second-rounder from Cleveland.

The trade ends a long wait for Markkanen, who had been looking for a new team since free agency began on August 2. He will receive a four-year, $67MM contract from the Cavs, Wojnarowski reports (Twitter link), and the Bulls get the first-round pick they were seeking in return for the 24-year-old restricted free agent. That pick from Portland will be lottery protected through 2028, Woj adds (via Twitter), and will become a second-round selection if it’s not conveyed before then.

Markkanen’s four-year contract is valued at $18MM in the final season, but only carries a $6MM guarantee, sources tell Chris Fedor of Cleveland.com (Twitter link).

The deal leaves the Cavs $4.7MM under the luxury tax with 14 players under contract, tweets Bobby Marks of ESPN. The Blazers are $1.3MM above the tax threshold with 13 players signed and will likely be $3MM over once they add a league-mandated 14th player. The Bulls are $6.4MM under the tax and $11.8MM below the hard cap with 13 guaranteed contracts, Marks adds (Twitter link).

Markkanen’s outgoing salary only counts as $7.79MM, rather than the full amount, due to base year compensation rules, Marks notes (via Twitter). Chicago had hoped to get a player in the $9-10MM range, which it did by acquiring Jones. Markkenen’s incoming salary from the Cavs’ perspective will be the full amount of $15.58MM.

Markkanen fell out of Chicago’s starting lineup last season for the first time in his four years in the NBA and played a career-low 25.8 minutes per night. His averages of 13.6 points, 5.3 rebounds and 0.9 assists per game were all the worst of his career.

He had been hoping for a “fresh start” and will get it in Cleveland, where he will likely be the new starting power forward. The trade allows the Cavs to solidify a position of need and gives rookie big man Evan Mobley more time to develop.

Nance, 28, is under contract for two more year at $10.69MM and $9.67MM. He averaged 9.3 points and 6.7 rebounds per game last season and will bring a defensive presence to Portland’s front line. New coach Chauncey Billups has spoken repeatedly about the need to upgrade the team’s defense.

Jones, 24, has an expiring $9.72MM contract for the upcoming season. He averaged 6.8 points and 3.5 rebounds in 58 games last season and adds another versatile forward to Chicago’s rotation.

Central Notes: Giannis, Sykes, Nance

August 22nd, 2021 at 3:11pm CST by Alex Kirschenbaum

Bucks All-Star forward Giannis Antetokounmpo has bought a stake in MLB’s Milwaukee Brewers, the Brewers announced on Friday (link via ESPN). He certainly has the means: the 6’11” reigning Finals MVP inked a five-year, $228MM+ supermax extension with Milwaukee ahead of his championship 2020/21 season with the Bucks.

“This is a dream come true for a kid from Sepolia, Athens, Greece, born from immigrant parents. I could have never imagined I would be in this position,” Antetokounmpo said during a news conference about the purchase on Friday. “I want to be involved in the community as much as possible. I know Milwaukee invested a lot in me, and I want to invest a lot of me back into the city of Milwaukee.”

For more on Antetokounmpo’s foray into MLB ownership, check out the story at MLB Trade Rumors.

There’s more out of the Central Division:

Point guard Keifer Sykes has a chance to stick with the Pacers thanks to his solid Summer League play, writes J. Michael of The Indianapolis Star. New Indiana head coach Rick Carlisle appears to be in favor of Sykes’ addition. The 5’11” Sykes has been playing in various international leagues since going undrafted out of Green Bay in 2015.
The Cavaliers explored adding a variety of wings during free agency, writes Chris Fedor of Cleveland.com. Josh Hart, Doug McDermott, Alec Burks, Reggie Bullock, Furkan Korkmaz and Kent Bazemore were all considered. Cleveland committed significant long-term money to Jarrett Allen this summer and drafted Evan Mobley with the No. 3 pick, prompting Fedor to explore whether the team might trade big man Larry Nance Jr. to bolster its wing depth, now that most appealing free agent swingmen are off the table.
In case you missed it, restricted free agent forward Hamidou Diallo re-signed with the Pistons on a two-year, $10.4MM deal, with a team option for the second year of the contract.

Cavaliers Notes: Mobley, Rubio, Allen, Schedule

August 21st, 2021 at 6:47pm CST by Arthur Hill

Evan Mobley appears to be the best candidate to start at power forward when the Cavaliers open their season, writes Kelsey Russo of The Athletic. The No. 3 pick in this year’s draft showed during Summer League that he’s mobile enough to handle the power forward duties. The coaching staff is reluctant to use Mobley extensively at center until he adds more muscle, so he’ll probably play alongside Jarrett Allen, giving the team two seven-foot rim protectors on defense.

If Mobley is named the starter, that will mean bench roles for veterans Kevin Love and Larry Nance Jr. The Cavaliers have already spoken to Love about reducing his time on the court, and he talked last month about no longer being the No. 1 option who plays 35 minutes per night. Russo notes that Love, who still has two years and more than $60MM left on his contract, can still be valuable as a floor-spacer and rebounder.

Nance is coming off an injury-plagued season, but he started 27 of the 35 games he appeared in and averaged a career-high 31.2 minutes per night. He’s useful as a big man who can pass and defend, and he provides a veteran on-court presence for a very young team. Nance is also under contract for two more seasons, but only at a total of a little more than $20MM.

There’s more from Cleveland:

Newly-acquired Ricky Rubio will probably be used off the bench, as the starting backcourt of Collin Sexton and Darius Garland remains together, Russo adds. Rubio is expected to run the offense with the second unit and can defend either guard position.
Allen left a contending team when the Nets traded him to Cleveland in January, but he didn’t hesitate to re-sign with the Cavs this summer, per Chris Fedor of Cleveland.com. Allen’s new five-year, $100MM contract means he will be a long-term part of the rebuilding process. “Seeing a team like this, knowing what it takes, we have all the right guys and the right mindsets to do it,” he said. “So, I thought, ‘Hey, I’m willing to be part of this again, especially with these guys.’ I see a bright future here that I fit in perfectly.”
The new schedule that was announced Friday includes a tough early stretch that could set the tone for the Cavs’ entire season, Fedor notes in a separate story. Cleveland has one of the most difficult starts in the league, with eight of its first 11 games on the road and 11 of the first 12 against teams that were in the playoffs last season.

Celtics Rumors: Richardson Trade, Fournier, Thompson, Parker

July 31st, 2021 at 1:39pm CST by Eli Cohen

The Celtics may have been quiet on draft night, but they’re making noise now. After agreeing to trade Tristan Thompson for the Hawks’ Kris Dunn and Bruno Fernando and sending Moses Brown to the Mavericks for Josh Richardson, the Celtics have given themselves some extra flexibility from both a financial and roster perspective, writes The Athletic’s Jared Weiss.

Evan Fournier‘s market seems to be in the range of $12-$20MM per year, according to Weiss, who points out that dealing for Richardson affords the Celtics the option of walking away if the bidding war gets too rich for them. It sounds like that’s a very realistic possibility, as Mark Murphy of The Boston Herald hears from a source that Boston is unwilling to meet Fournier’s asking price of $80MM over four years.

“It’s not looking good,” Murphy’s source said of the Celtics’ negotiations with Fournier.

Meanwhile, there’s no guarantee that the Celtics will hang onto Dunn, according to Weiss, who says the former lottery pick could be flipped again. Weiss suggests that two viable options for dealing Dunn could be to the Cavaliers – along with one of the Celtics’ young players – in a deal for Larry Nance Jr., or to the Pelicans – with Marcus Smart – in a Lonzo Ball sign-and-trade.

We have more rumors on the Celtics:

According to Weiss, while Thompson was beloved by teammates, he butted heads with the coaching staff and the organization throughout the year and was widely expected to be moved this offseason.
In the same piece, Weiss cites The Athletic’s Danny Leroux, who explains that the Celtics now project to be about $4.36MM below the tax line if Jabari Parker (who has a non-guaranteed contract) is waived.
The Celtics wanted to send more guaranteed money to the Mavericks in the Josh Richardson deal, but Dallas initially didn’t want to take any money back, tweets Keith Smith of Spotrac. Moses Brown was the compromise found, given the low guarantee on his deal ($500K).
Chris Mannix of Sports Illustrated tweets that the Celtics’ front office, especially Brad Stevens, has long been a fan of Richardson, who will be looking to get back on track in Boston after a down year in Dallas.

Cavs Rumors: McConnell, Caruso, Hart, Love, Hartenstein

June 11th, 2021 at 2:28pm CST by Luke Adams

Length, athleticism, versatility, and shooting are the traits that the Cavaliers will be prioritizing as they consider potential roster moves this offseason, Chris Fedor writes in a mailbag for Cleveland.com. A secondary ball-handler will be at or near the top of Cleveland’s wish list, whether that player is a point guard or a play-making wing, Fedor adds.

The Cavaliers don’t project to have cap room this summer, but intend to be “aggressive” with their mid-level exception, which should be worth nearly $10MM. Free agent point guards T.J. McConnell and Alex Caruso will be among the team’s top targets, according to Fedor. Both will be unrestricted free agents and are tough defenders who could be attainable with the MLE.

Here’s more on the Cavs:

One of the free agents Fedor mentions as a possible target for Cleveland is Josh Hart. Fedor, who notes that Hart is one of Larry Nance Jr.‘s best friends, hears from sources that the Pelicans wing may be seeking a fresh start. However, Hart is eligible for restricted free agency, so the Pelicans will have the ability to retain him if they so choose.
Addressing the Kevin Love situation, Fedor says that some people in the front office view the idea of waiving and stretching Love’s remaining salary (two years, $60MM) as a non-starter. There have also been no buyout talks so far, according to Fedor, who gets the impression that the Cavs would only be open to going down that path if Love initiates those discussions and gives up enough salary to make it worthwhile.
Fedor confirms Michael Scotto’s report that Cavs big man Isaiah Hartenstein will likely turn down his player option in the hopes of signing a multiyear deal with Cleveland.
The 2021/22 season isn’t viewed as a “playoffs-or-bust” year by Cavs leadership, but everyone feels the team will need to show “discernible on-court progress and take a few steps forward” in the fourth year of its rebuild, says Fedor. In a separate article for Cleveland.com, Fedor suggests that historical precedents show the Cavs’ rebuild is on schedule.

Health Updates: Rockets, Nance, Cavs, Hachimura, Clifford

April 26th, 2021 at 2:48pm CST by Luke Adams

After missing the Rockets‘ last three games while in the NBA’s health and safety protocols, second-year wing Kevin Porter Jr. has rejoined the team and will be ready to play on Tuesday, head coach Stephen Silas said today (Twitter link via Mark Berman of Fox 26 Houston).

Rockets big man Christian Wood, who missed Saturday’s game with a minor ankle injury, is also in position to return on Tuesday, Silas said (Twitter link via Berman). The team should get further reinforcements prior to the end of the season, according to Silas, who expressed optimism that D.J. Augustin (ankle), Sterling Brown (knee), and Eric Gordon (groin) will also be back in the coming weeks.

Here are a few more health-related updates from around the NBA:

Cavaliers forward Larry Nance Jr., who injured his right thumb on Sunday, has been diagnosed with a fracture in that thumb, according to a team press release. Nance has been ruled out for Monday’s game vs. Toronto and will be re-evaluated daily as he undergoes treatment and rehab. Sources tell Chris Fedor of Cleveland.com that Nance will probably miss at least a week or two. With less than three weeks left in the regular season, there’s no guarantee we’ll see him again in 2020/21.
Within the same release, the Cavaliers provided updates on several more players, announcing that Matthew Dellavedova (neck strain), Isaiah Hartenstein (concussion symptoms), and Lamar Stevens (concussion symptoms) have also hit the injured list and will miss tonight’s game.
Wizards forward Rui Hachimura (knee) is set to return on Monday after missing the last four games, the team announced (via Twitter).
Magic head coach Steve Clifford, who registered a positive COVID-19 test, will remain out for Monday’s game vs. the Lakers, according to Josh Robbins of The Athletic, who tweets that Tyrone Corbin will once again act as the club’s interim head coach. Clifford continues to be asymptomatic, Robbins notes.

Allen, Nance Back For Cavaliers Wednesday

April 13th, 2021 at 8:44pm CST by Alex Kirschenbaum

Cavaliers big men Jarrett Allen and Larry Nance Jr. are expected to return to the floor for the club tomorrow against the Hornets, Chris Fedor of Cleveland.com reports.

After incurring a concussion in a March 26 bout vs the Lakers, starting center Allen has been working through the NBA’s concussion protocols. A “mystery illness” befell forward Nance, who lost nearly 20 pounds during his absence, which began after his March 27 appearance vs. the Kings.

“We’re gonna have to make some tough decisions,” head coach J.B. Bickerstaff said of balancing his healthy frontcourt. Dean Wade and Kevin Love have been the starters with Allen and Nance out, and Isaiah Hartenstein has been played alongside the other two in ultra-big lineups.

“We’ve got to make some decisions that are best for the short term, and then some decisions that are best for the long term,” Bickerstaff continued. “Obviously we’ve got to find ways to get Larry and Jarrett back on the floor.”

Cavaliers Notes: Allen, Nance, Dellavedova, Prince

April 10th, 2021 at 8:40pm CST by Arthur Hill

Cavaliers big men Jarrett Allen and Larry Nance Jr. have resumed basketball-related activities on a limited basis and may be ready to play next week, according to Chris Fedor of Cleveland.com. Both players were able to work out during a practice session Friday.

Allen has been sidelined since suffering a concussion in a March 26 game. He missed his seventh consecutive game tonight and isn’t expected to play Sunday. Sources tell Fedor he may return Wednesday at Charlotte if he continues to progress through the league’s concussion protocol.

Nance has missed the past four games while fighting the effects of an unknown illness that resulted in a loss of about 20 pounds and forced him to be bedridden. A source told Fedor that Nance is “close to feeling like himself once again.” The team is also looking at a Wednesday return for Nance if his recovery continues. The Cavs will practice Tuesday before making a final decision on either player.

There’s more from Cleveland:

Matthew Dellavedova‘s return has given Cleveland the backup point guard it has been lacking all season, Fedor writes in a separate story. Dellavedova, who missed 47 games due to a concussion, whiplash, and an emergency appendectomy, is averaging a modest 2.3 points and 5.5 assists through four games, but his plus-minus rating is at plus-29 in 70 minutes. “Delly really does a great job of playing with his brain,” coach J.B. Bickerstaff said. “He understands how to set the table for other people. His game isn’t based on himself. When your game is based on the team and making your teammates’ job easier, it makes … your comeback a little bit easier.” The Cavs signed Yogi Ferrell and Quinn Cook to 10-day contracts to try to fill Dellavedova’s role, but neither was kept on the roster.
Forward Taurean Prince will likely need ankle surgery once the season is done, Fedor tweets. Acquired in a January trade, Prince has one more year on his contract at $13MM.
Cavaliers players, coaches and staff members received COVID-19 shots March 30, Fedor adds in another piece. Because it was the Johnson & Johnson version, they won’t have to schedule a second dose, except for Bickerstaff, who got a Moderna shot before the others became available.

Central Notes: Nance, Bey, Vucevic, Bulls

April 8th, 2021 at 8:39am CST by Luke Adams

Cavaliers big man Larry Nance Jr. hasn’t suited up for the team since March 27, but he’s starting to feel better after having dealt with an undetermined illness that caused rapid weight loss and left him bedridden, sources tell Chris Fedor of Cleveland.com.

None of the tests that Nance was administered in an attempt to identify his illness have come back positive, including COVID-19 tests, writes Fedor. A source tells Cleveland.com that the 28-year-old lost nearly 20 pounds and had a hard time keeping food down while he battled the illness.

Although Nance is improving, he’ll miss Thursday’s game and may not play on Saturday or Sunday either, according to Fedor, who says the training staff wants him to regain some of his lost weight and build his stamina back up before he returns to game action.

Here’s more from around the Central:

Following Saddiq Bey‘s 25-point showing on Tuesday in Denver, Pistons head coach Dwane Casey reiterated a point that he and GM Troy Weaver have made before, referring to the rookie as a long-term keeper. “He’s an NBA starter for us and part of our building blocks,” Casey said of the young forward (Twitter link via Rod Beard of The Detroit News). Detroit gave up Luke Kennard and several second-round picks to land Bey in the 2020 draft.
In his early days with the Bulls, Nikola Vucevic is looking like the sidekick that Zach LaVine and the club have long needed, writes Darnell Mayberry of The Athletic.
While he’s not particularly high on the team’s playoff chances this season, Michael Pina of SI.com makes the case for why the Bulls‘ future looks bright. Meanwhile, K.C. Johnson of NBC Sports Chicago fields a number of questions on the Bulls’ future in his latest mailbag, suggesting that Coby White still looks like part of the long-term core, even if the club is likely to pursue a point guard in the offseason.

Eastern Notes: Irving, Smart, Nance Jr., Turner

March 28th, 2021 at 5:59pm CST by JD Shaw

Nets star Kyrie Irving is set to return on Monday following a three-game absence, Malika Andrews of ESPN tweets. Irving had been dealing with a family matter.

Brooklyn will face the league-worst Timberwolves (11-35) at home in the outing. The losses of Irving and Kevin Durant (hamstring) have caused James Harden to see an increased workload, with the former MVP most recently recording 44 points, 14 rebounds and eight assists in a win over Detroit.

The Nets started veteran forward Jeff Green in Irving’s absence, playing him alongside Harden, Bruce Brown, Joe Harris and DeAndre Jordan. The team is 8-2 in its last 10 games.

Here are some other notes out of the Eastern Conference:

Celtics guard Marcus Smart was prepared for anything on trade deadline day last week, as relayed by A. Sherrod Blakely of Bleacher Report (Twitter link). The team ultimately chose to keep Smart and trade for veteran Evan Fournier. “Anytime you hear your name in trade talk, you prepare for the worst and pray for the best,” Smart said. “It’s nothing new. It’s a business. But you’re human. I wasn’t concerned but I was prepared.”
Cavaliers forward Larry Nance Jr. is continuing to support the franchise’s decision to reject trade proposals involving him, Chris Fedor of Cleveland.com writes. Nance finished with 17 points, nine rebounds and five assists in the team’s 100-98 loss to Sacramento on Saturday. “We know what Larry is going to do. We know what he’s going to bring. He does a lot for us,” teammate Collin Sexton said. “Larry passes the ball, he rebounds, blocks shots, dunks. Larry does it all. Whenever you look at the stat sheet you always see him playing a full, complete game, touching everything. That’s Larry Nance. We can count on him anytime it’s time to put that jersey on.”
The Pacers are pushing for Myles Turner to receive recognition for his impressive defense this season, J. Michael of the Indianapolis Star writes. “I think that’s what people don’t talk about with our team is Myles and his impact. His impact is astronomical,” Malcolm Brogdon said of Turner. “He’s the reason our defense is so good. His ability to block shots, it deters people from even driving to the rim so he’s Defensive Player of the Year.” Turner is averaging 12.7 points, 6.5 rebounds and a career-high 3.5 blocks per game this season.