The Cleveland Cavaliers have made a major addition by acquiring Caris LeVert in a trade with the Indiana Pacers, according to ESPN.

The report claims that the 27-year-old guard, who has been with the Pacers since 2016, joins the Cavs with a 2022 second-round pick via Miami for Ricky Rubio's expiring contract, a lottery-protected 2022 first-round pick and two second-round picks.

The Cavs have been a surprise contender in the Eastern Conference this season, with a 32-21 record, just 1.5 behind the first-placed Chicago Bulls.

LeVert adds scoring power to the Cleveland line-up, averaging 18.7 points this season, highlighted by a 42-point haul against the Chicago Bulls on Friday. He also has 3.8 rebounds and 4.4 assists per game this season.

Cleveland had lost Rubio to a season-ending ACL injury in December and his addition for Indiana looms as part of their roster rebuild with Domantas Sabonis linked in trade talks.

The Cavs and Pacers were due to meet on Sunday with LeVert not in Indiana's starting line-up having been informed by head coach Rick Carlisle about the trade in the late afternoon prior to the game.