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Larry Nance Jr. Agrees to 4-Year Extension with Cleveland Cavaliers

Larry Nance Jr. #22 of the Cleveland Cavaliers dunks in the first half against the Golden State Warriors during Game Four of the 2018 NBA Finals at Quicken Loans Arena on June 8, 2018 in Cleveland, Ohio. Source: Gregory Shamus/Getty Images North America via zimbio.com — by Scott Piker
Larry Nance Jr. #22 of the Cleveland Cavaliers dunks in the first half against the Golden State Warriors during Game Four of the 2018 NBA Finals at Quicken Loans Arena on June 8, 2018 in Cleveland, Ohio. Source: Gregory Shamus/Getty Images North America via zimbio.com — by Scott Piker

The Cleveland Cavaliers have one of their building blocks for the next four years signed, sealed and delivered on the eve of the 2018-2019 NBA season.

The Cavaliers have agreed to a four year contract extension with power forward Larry Nance Junior. Financial terms of the deal were not announced by the franchise. Reports say its worth $45 million.

“We are extremely excited to have Larry in a Cavaliers uniform long-term,” said Cavaliers general manager Koby Altman. “His athleticism is off the charts and his positive attitude, work ethic and most importantly, his desire to be in Cleveland embodies all that we want out of our players both on and off the court. We look forward to watching his continued development and feel strongly that Larry can be a special player in this league for many years to come.”

Nance signed his new contract in front of Cavaliers and Quicken Loans Arena staff members. It's similar to how Kevin Love signed his extension back in the summer.

“I'm actually at a loss for words right now,” said Nance. “To continue playing basketball for a franchise I grew up with and watched as my father starred here is truly a blessing. I'm extremely happy to be a Cavalier and I can now begin to establish my own long-term legacy in this community. I want to thank (owner) Dan (Gilbert), Koby and our coaching staff for believing in me and my potential. This is truly a dream come true.”

Nance joined the Cavaliers in February, 2018 in a trade from the Los Angeles Lakers. In 24 games, nine starts, with Cleveland last season, he averaged 8.9 points, 7.0 rebounds and 1.21 steals in 20.8 minutes per contest.

The Akron native played his high school basketball at Revere High School in Richfield, Ohio where his father Larry Nance Sr. played his Cavaliers home games at, the old Richfield Coliseum.