Aug. 27 (UPI) -- The Cleveland Cavaliers are acquiring Chicago Bulls restricted free-agent forward Lauri Markkanen as part of a three-team, sign-and-trade agreement.
League sources told ESPN, The Athletic and the Chicago Sun-Times on Friday that Markkanen agreed to a four-year, $67 million contract with the Cavaliers as part of the deal. According to the outlets, Cleveland is sending forward Larry Nance Jr. to the Portland Trail Blazers and a 2023 second-round draft pick to the Bulls in the deal.