Last week, the Cleveland Cavaliers drafted Andrew Wiggins No. 1 overall in the 2014 NBA Draft. And this week, they're reportedly looking to sign one of their former No. 1 overall picks to a very large contract extension.

According to reports out of Cleveland, the Cavs have sent several members of their front office to New Jersey this week to offer Kyrie Irving a five-year, $90 million max contract extension. These reports definitely don't come as a shock, as the Cavs have been interested in offering Irving a max deal for months now. But it is interesting to hear that they're seemingly making this their No. 1 priority at the moment, even though LeBron James is about to become a free agent in about six hours. But obviously, locking Irving into a long-term deal is something that should make the Cavs an attractive destination for lots of free agents out there, both this summer and well into the future.

Assuming Irving does sign the five-year deal, the Cavs will be one step closer to returning to prominence in the Eastern Conference. Now if only they could get that other guy who they drafted No. 1 overall once upon a time to sign a max deal (no, not you, Anthony Bennett!), they'd be sitting pretty for years to come.

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[via Eye on Basketball]