Bulls trade Markkanen and are set to acquire Derrick Jones Jr. as a part of deal with Trail Blazers and Cavs

CHICAGO — Lauri Markkanen’s time with the Chicago Bulls came to an end Friday.

The Bulls reportedly agreed to trade the Finnish forward to the Cleveland Cavaliers in a sign-and-trade deal worth $67 million over four years. As part of a three-team move, the Bulls will acquire Derrick Jones Jr. and a 2022 lottery-protected first-round pick from the Portland Trail Blazers and a 2023 second-round pick from the Cavs.

The Cavs are sending Larry Nance Jr. to the Trail Blazers, according to reports.

The move marks the end of Markkanen’s extended restricted free-agent saga and his Bulls tenure, more than four years after he was acquired as part of a draft-day deal that sent Jimmy Butler to the Minnesota Timberwolves.

The Bulls hoped Markkanen, 24, would transform into one of the cornerstones of their rebuild, but instead they got an uneven four seasons out of him that ultimately were filled with more promise than production.

Markkanen, who was drafted at No. 7 in 2017, averaged 15.6 points and 7.1 rebounds in four seasons, shooting 44% from the field and 36.6% on 3-pointers.

He showed promise as a rookie and into his second season, but his production stagnated in recent years — those career averages are nearly identical to the 15.2 points and 7.5 rebounds (43% shooting, 36.2% from 3) he posted in his first season.

Injuries also hindered Markkanen’s progress — after playing in 68 games as a rookie, he never appeared in more than 52 games in the last three seasons.

Despite shooting a career-best 40.2% from 3 last season, Markkanen went from starter to reserve during the second half once the team acquired Nikola Vu?evi?. If Markkanen was an awkward fit next to Vu?evi?, he only became more ill-fitting once the Bulls revamped their roster this summer.