The Cavaliers and Larry Nance Jr. can begin negotiating on a rookie contract extension when the new league year begins in July and multiple sources tell Joe Vardon of Cleveland.com that both sides have “a ton” of interest in striking a deal. However, the team will hold off on any non-LeBron James matters until the four-time MVP makes a decision on his future.
Cleveland’s front office has told Nance Jr. that it views him as a foundational piece to the franchise, Vardon adds. The 25-year-old was the centerpiece for the team in the deal that sent Isaiah Thomas and 2018 No. 1 pick to the Lakers at this season’s trade deadline.
The power forward has roots in Ohio, attending high school in Cleveland. His father, Larry Nance Sr., played for the Cavs for nearly seven seasons, earning a pair of All-Star nods with the club.
During 24 games with the Cavs this season, the younger Nance scored 8.9 points per contest while pulling down 7.0 boards per night. The big man is set to make slightly over $2.72MM next season.