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Cavs Move Larry Nance Jr. to Portland; Sign Lauri Markkanen to 4-year deal

Big moves today in Cleveland. Koby Altman traded Larry Nance, Jr. to the Portland Trailblazers and sent out a 2023 second-round pick (acquired in the JaVale McGee-for-Isaiah Hartenstein trade last year) to the Chicago Bulls.

Incoming from Chicago is power forward Lauri Markkanen and his new contract, a four-year, $67 million deal, money which is guaranteed through 2023-24.

CtB recently had a podcast tribute to Nance, a conversion unsubtly titled “Never Trade Larry,” recorded at a moment prior to the emergence of the messy (or, for optimists, intriguing) questions and logistics that the Markkanen acquisition brings to the Cavs.