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The Cavaliers and big man Larry Nance Jr. have been working on a contract extension and they came to an agreement Monday.
According to a report from Chris Haynes of Yahoo Sports, the extension is for four years and $45 million.
The Cavs and Nance have been holding extension talks for most of the offseason. Nance Jr. was acquired in a February trade with the Los Angeles Lakers, along with guard Jordan Clarkson.
The son of Cavs legend Larry Nance, the younger Nance is now the lone Akron native on the team following the departure of LeBron James to the Los Angeles Lakers.
Nance Jr. averaged 8.9 points and 7.0 rebounds in 24 games with the Cavs last season, his third in the league. He is also the team’s one true rim-protector and resident high-flyer.