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Timofey Mozgov traded to Cleveland Cavaliers for two first rounders

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According to ESPN and Yahoo! Sports, Timofey Mozgov is headed to the Cleveland Cavaliers

Chris Humphreys-USA TODAY Sports

The rebuild could begin in earnest in Denver.

ESPN's Marc Stein is reporting that the Cleveland Cavaliers and the Denver Nuggets are in "advanced discussions" to send center Timofey Mozgov to Cleveland for a first round pick and other assets.

Yahoo! Sports Adrian Wojnarowski tweeted that it would be for two first round picks:

We'll update this post as more news comes in.

*Update*: The trade has been completed according to Yahoo! Sports