Trail Blazers

Report: Blazers acquire Larry Nance Jr., trade Derrick Jones Jr. to Bulls

Trail Blazers

One of the best remaining players in free agency, Lauri Markkanen, has finally found a new home after wanting out of Chicago.

In a sign-and-trade, Markkanen is heading to the Cavaliers on a four-year, $67 million deal according to ESPN Senior NBA Insider Adrian Wojnarowski. The deal is a three-team trade, which includes the Blazers.

After only spending one season in Portland after signing a two-year, $18.9 million contract with the team a year ago, the team dealt Derrick Jones Jr. and a lottery-protected 2022 first-round pick to Chicago.

Portland acquires Larry Nance Jr., who spent the last 3.5 seasons with the Cavaliers. Nance Jr. is added frontcourt depth for the Blazers, a lob threat like Jones Jr., versatile and has developed a jumper. He averaged 9.3 points, 6.7 rebounds, and 3.1 assists over 35 games a season ago. He missed part of last season due to a fractured thumb.