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Cleveland Cavaliers acquire forward Lauri Markkanen in a sign-and-trade deal with Chicago

Cleveland’s own Larry Nance Jr. is headed to Portland.

Cleveland Cavaliers v Chicago Bulls Photo by Jonathan Daniel/Getty Images

The Cleveland Cavaliers signed someone in free agency outside their existing roster. According to ESPN’s Adrian Wojnarowski, the Cavaliers signed forward Lauri Markkanen to a four-year, $64 million contract in a three-team sign-and-trade. Cleveland sent Northeast Ohio’s own Larry Nance Jr. to the Portland Trail Blazers in the deal while the Chicago Bulls acquired Derrick Jones Jr. and future picks.

The Cavaliers now have the GDP of a small island nation tied up between Markkanen, Jarrett Allen, Kevin Love and rookie big man Evan Mobley. It’s interesting to see what will happen next since it feels like another move is yet to happen.