The Los Angeles Lakers have agreed to trade Jordan Clarkson and Larry Nance Jr. to the Cleveland Cavaliers for Isaiah Thomas, Channing Frye and their own 2018 first round pick.
Clarkson is owed $12.5 million in 18-19 and $13.4 million in 19-20. Clarkson is averaging 14.6 points in 23.7 minutes per game this season for the Lakers. The move clears cap space for the Lakers, which they could use on LeBron James. The Lakers have been attempting to trade Clarkson for several months. The Lakers project to have nearly $70 million in cap space if they renounce Julius Randle in the offseason and also stretch Luol Deng.
The Cavaliers acquired Thomas in the Kyrie Irving trade, but he's been a problematic element for the team both on and off the court. Ramona Shelburne reports the Lakers intend to keep both Thomas and Frye through the end of the season.
"He's worked too hard to get back, and he's a ball dominant player," said Thomas' agent, Aaron Goodwin, to Joe Vardon of the Cleveland Plain Dealer. "It's LeBron's ball, and this clearly wasn't working. Koby (Altman) and I have had enough conversations where it was clear, with the way the system was going, it wasn't beneficial for either party. This is a good opportunity for Isaiah."
Goodwin also told Vardon that Thomas did not ask to be traded.
Cleveland cannot trade Brooklyn's 2018 first round pick until after the draft due to the Stepien rule.