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Sources: Cavs, Larry Nance Jr. Have Mutual Interest on Extension

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Starting July 1, the Cavs can negotiate with Larry Nance Jr. on a lucrative contract extension, because he is entering the final year of his rookie contract (and is due about $2.3 million next season).

Multiple league sources told cleveland.com there is “a ton” of interest on both sides to discuss an extension for Nance, who is 25 and is the son of former Cavs great Larry Nance Sr. The son grew up here, went to Revere High School, and the Cavs traded a No. 1 pick to acquire him and Jordan Clarkson.

Source: Joe Vardon of The Cleveland Plain Dealer

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Sources: 76ers Rejected Suns’ Trade Offer for TJ McConnell

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The Phoenix Suns approached the Sixers in recent weeks about acquiring [TJ] McConnell in a trade, according to several league sources. The Suns offered a second-round pick and the Sixers declined the offer.

In desperate need of a point guard, Phoenix reportedly also expressed interest in Patrick Beverly of the Los Angeles Clippers,  Cory Joseph of the Indiana Pacers and Spencer Dinwiddie of the Brooklyn Nets.

Source: Keith Pompey of The Philadelphia Inquirer

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Report: Nuggets, Michael Malone Agree to Contract Extension

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We have agreed to a contract extension with Head Coach Michael Malone.

Source: Denver Nuggets on Twitter

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Sources: Pelicans Claim Tim Frazier Off Waivers

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Sources on @TheAthleticNBA @WatchStadium: The New Orleans Pelicans have claimed guard Tim Frazier off waivers. Frazier was waived by Milwaukee on Monday.

Source: Shams Charania on Twitter

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