The Cleveland Cavaliers are "definitely looking into" trading for the No. 1 pick in the upcoming draft, sources told Chris Fedor of cleveland.com.

The Cavs currently hold the third pick in the draft.

ESPN initially reported that the Cavs were among several teams "inquiring" about moving up for the top pick.

One executive told Fedor that moving up would cost the Cavs “probably No. 3 and an unprotected future first, maybe even one of the young guys (Collin Sexton, Darius Garland or Isaac Okoro) drafted recently.”