The Cleveland Cavaliers are continuing to talk with Larry Nance Jr.

As the Cavaliers continue their busy offseason, the Wine and Gold continues to have contract extension talks with Nance, who is on the last year of his deal entering 2018-19, according to Jordan Schultz of Bleacher Report:

"Sources: #Cavs having ongoing discussions with Larry Nance, Jr. representation regarding a contract extension. Both sides would like a new deal (CLE really likes him). Nance - who posted a career-high TSP last season - is currently scheduled to earn less than $2.3M next year."

Nance was acquired by the Cavaliers at the trade deadline last February and averaged 8.9 points and 7.0 rebounds in 20.8 minutes per game on 55.0 percent shooting from the field. Nance Jr. immediately became a fan favorite, in large part due to the fact that his father was a legend for the Cavaliers in the 80's and 90's, going to two All-Star games and helping lead the team to five playoff berths.

According to Ashish Mathur of Amico Hoops, if the Cavaliers and Nance are unable to get a deal done, the 25-year-old would then enter free agency in 2019 as a restricted free agent. The Cavaliers would offer him a $3.7 million qualifying offer:

"Nance Jr. is entering the final year of his rookie contract and currently slated to make $2.3 million in 2018-19. If he and the Cavs are unable to agree upon an extension before the season starts, Nance Jr. will enter restricted free agency in the summer of 2019 if Cleveland offers him a $3.7 million qualifying offer."

Despite the fact that the Cavaliers lost LeBron James in free agency, they have remained committed to being contenders in 2019. Cleveland recently gave Kevin Love a contract extension for four years and $120 million at the end of July, as Khadrice Rollins of Sports Illustrated reported.

"Kevin Love has signed a four-year, $120 million extension with the Cavaliers, the team announced Tuesday. Adrian Wojnarowski and Brian Windhorst of ESPN.com first reported the deal.

With the extension, Love's current deal with Cleveland is now valued at $145 million over the next five seasons.

During his four seasons with the Cavaliers, Love has averaged 17.1 points and 10 rebounds while shooting 37.7% from three, and helped the team reach the NBA Finals over the last four seasons and win its first championship in 2016. Over the duration of his 10-year career, Love is averaging 18.3 points and 11.3 rebounds."

The Cavaliers also drafted University of Alabama point guard Collin Sexton with the eighth overall pick in the 2018 NBA Draft. The Cavs also brought back veteran forward Channing Frye and signed three-and-D swingman David Nwaba to a one-year deal earlier this week.

Nance began his career with the Los Angeles Lakers in 2015 and holds career averages of 7.1 points and 5.9 rebounds in 21.5 minutes per game.