According to ESPN's Marc Stein, the Cleveland Cavaliers and center Anderson Varejao are nearing a contract extension that will be worth $30 million over three years. It would likely kick in after this season. It was reported earlier in the week that the Cavaliers and Varejao were actively working towards an extension. If the two sides would have been unable to come to terms on a deal, Varejao would have been an unrestricted free agent next summer.

Varejao, 32, has spent has entire career with the Cavaliers and has been a fan favorite for years. In 10 NBA seasons, Varejao has career averages of 7.8 points and 7.8 rebounds per game while shooting 49.5 percent from the floor. Although Varejao has battled injury problems throughout his career, he did play his highest game total (65) since the 2009-2010 season a year ago.

Fear The Sword will have more later evaluating Varejao's extension and what it means for the Cavaliers, but it seems as though Varejao will end his career in the Wine & Gold.