CLEVELAND (92.3 The Fan) – The Cavaliers have acquired Larry Nance Jr. and Jordan Clarkson from the Los Angeles Lakers for Isaiah Thomas, Channing Frye and their 2018 first-round draft pick.
ESPN’s Adrian Wojnarowski first reported the trade.
“Jordan and Larry add athleticism, energy and length to both ends of the court for us,” Cavs general manager Koby Altman said. “This trade is also a reflection of our continuing commitment to invest in our roster in ways that help us evolve and compete at the highest level now and into the future.”
Frye confirmed the trade in a video message posted on his Instagram account.
“I just want to say thank you to all Cavs fans, Cleveland, everybody. You know business is business. Hey, I’m off to the Lakers. It happens. I’m excited. Good, nice, great young team. And word to everybody – don’t go 0-6 or they’re gonna trade your ass,” Frye said referencing his 0-6 from the field performance Wednesday night against Minnesota.
Frye will be missed in the locker room.
“Channing Frye is a champion, true pro and great person,” Altman said. “He has been part of a special group of teammates on and off the court for us, as his impacts were both tangible and intangible. It is difficult to see him go and we wish Channing and his family the very best.
“IT has had a difficult and very challenging basketball journey over the last year as he has worked extremely hard to make progress in his return to play. He is a true competitor and that will certainly help him in his continued work on the court.”
The deal means that the 2018 Brooklyn pick acquired in the Kyrie Irving deal won’t be moved. League rules prohibited the Cavs from trading both first round picks.
Nance Jr. is the son of former Cavaliers legend Larry Nance.
Clarkson has appeared in 53 games for Los Angeles this season where he’s averaged 14.5 points on .448 shooting from the field, 3.0 rebounds and 3.3 assists in 23.7 minutes per game. He ranks second in the NBA in points per game off the bench (14.4) and has scored in double figures 39 times in 2017-18, including 12 games with 20 points or more.
The 6-5 guard has averaged double figures in scoring in each of his four seasons, owning career averages of 14.3 points, 3.3 rebounds and 2.9 assists in 28.1 minutes over 273 games (138 starts). The fourth-year guard from Missouri was the 46th overall pick in the 2014 NBA Draft by Washington before being traded on draft night to the Lakers, where he went on to earn NBA All-Rookie First Team honors.
Nance Jr. has played in 42 games including 17 starts for the Lakers this season and is averaging career highs in points per game (8.6), field goal percentage (.601), rebounds per game (6.8) and steals per game (1.40) in 22.0 minutes. He has six double-doubles and has scored in double figures on 17 occasions this season. The Akron, Ohio native was the 27th overall pick out of Wyoming by Los Angeles in the 2015 NBA Draft and owns career averages of 6.9 points on .547 shooting, 5.7 rebounds, 1.2 assists and 1.16 steals in 21.6 minutes per game.
Both Frye and Thomas have expiring contracts worth a combined $13.68 million, which provides the Lakers with additional financial flexibility this summer giving them 2 max contract slots. The Cavs take on nearly $27 million in additional salary with Clarkson, who has 2 years remaining on his deal, alone.
Nance, who is making just under $1.5 million this year, has 1 year left on his current contract at $2.27 million but is under team control with a $3.37 million qualifying offer for the 2019-20 season.
The NBA’s trade deadline is a 3 p.m. eastern Thursday.