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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: Potential Three-Team Trevor Ariza Trade Falls Apart

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A three-team deal that would have sent Trevor Ariza to the Washington Wizards and Kelly Oubre to the Memphis Grizzlies is dead over which Brooks — MarShon or Dillon — the Phoenix Suns had believed they were getting, league sources said.

The Grizzlies and Suns didn’t communicate directly on the trade, using Washington as a conduit in coordinating the three-team deal. Washington believes it was told Dillon Brooks in conversations with Memphis, sources said. The Grizzlies insist they told Washington it was MarShon.

Memphis would not put Dillon Brooks in the trade, and in the end, the agreement was called off.

Source: Adrian Wojnarowski of ESPN

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Sources: Several Teams Interested in Jabari Parker

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Jabari Parker won’t be with the Bulls next season.

Heck, he might not be with them much longer. The Bulls, according to sources, have engaged in trade talks with several teams regarding Parker, who fell out of new coach Jim Boylen’s rotation Thursday.

There’s considerable interest in Parker, 23, who remains a versatile scorer. Finding the right match financially is the obstacle that needs to be cleared, but there’s motivation to get a deal done.

Source: K.C. Johnson of The Chicago Tribune

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Sources: Nets, Spencer Dinwiddie Agree to Three-Year Extension

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Spencer Dinwiddie will get $34M over a three-year extension with Nets, league source tells ESPN. There will be a player option on third year, sources said.

Source: Adrian Wojnarowski on Twitter

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