Report: Cavaliers and Timberwolves set on Kevin Love trade, which includes Love re-signing for five years
Aug 7, 2014, 9:43 AM EDT
But this isn’t something that slipped out on a radio interview. This isn’t read reading between the lines.
The Minnesota Timberwolves have reached an agreement in principle to send All-Star forward Kevin Love to the Cleveland Cavaliers for Andrew Wiggins, Anthony Bennett and a protected 2015 first-round draft pick, league sources told Yahoo Sports.
Cleveland is making the deal with Minnesota with a firm agreement Love will opt out of his contract in 2015 and re-sign with the Cavaliers on a five-year, $120 million-plus contract extension, league sources told Yahoo Sports.
No third team is involved in the Cavaliers-Timberwolves trade agreement.
The precise deal terms have been agreed upon for weeks, but the teams and Love plan to stay silent about the particulars until the trade is announced in 16 days, sources told Yahoo Sports.
The value of a Love max contract won’t be known until next summer, but based on the projected 2015-16 salary cap, it could be worth only $108,690,125.
There is no way to make Love’s side of this arrangement binding. He could opt in. He could opt out and leave.
Cleveland has no recourse but to take him at his word.
The entire reason I believed potential trade partners should get Love to opt in was, besides guaranteeing an extra year of the star player, Love would be signaling a desire to stay long-term. But this is another way, though less binding, of Love showing that intent.
Regardless, the upside for Cleveland is so high.
Love, LeBron James and Kyrie Irving are going to rule the East. That’s so much talent and production, and their dominance will likely begin immediately. If it takes a year for everyone to jell, as it did for LeBron in Miami, so be it. That core is young enough to contend for years – as long as Love follows through with staying.
That is a heck of a haul for the Timberwolves. Most superstars don’t fetch nearly so much in a trade, especially when they’re this close to free agency. Credit Flip Saunders and Glen Taylor for holding firm, drawing a great offer and realizing it’s the one they should take.
Wiggins won’t necessarily blossom into a star himself, but he has a good chance. In Minnesota, he’ll have plenty of room to spread his wings. Bennett looked much more fit in summer league, and even if he never lives up to being a No. 1 pick, a young top-10-pick-caliber player is valuable. The future first, depending on its protections, could also net the Timberwolves another key asset.
I’m not surprised this became public. I wouldn’t even be surprised if both teams agreed to leak it as a way to hold each other accountable if the deal doesn’t go through.
This is out now. It’s only a matter of waiting until the 23rd.
Oct 31, 2014, 3:22 AM EDT
LeBron slides into the loser category for a night.
Oct 31, 2014, 3:10 AM EDT
The Clippers will take the win, but it wasn’t pretty.
Oct 31, 2014, 2:14 AM EDT
There is no official timetable for his return, but we are likely talking 6 weeks or more he is out.
Oct 31, 2014, 12:21 AM EDT
Players should never angrily engage with fans.
Oct 30, 2014, 11:40 PM EDT
Big time shot.
Oct 30, 2014, 11:16 PM EDT
Nobody saw this coming.
Oct 30, 2014, 9:45 PM EDT
The banner is back.
Oct 30, 2014, 8:43 PM EDT
Oct 30, 2014, 7:42 PM EDT
The Sixers CEO fired back, but taking on a Hall of Fame coach isn’t usually wise.
Oct 30, 2014, 6:55 PM EDT
It’s going to be a rough transition for the Knicks. New Yorkers have to be patient (not always their strong suit).
Oct 30, 2014, 6:15 PM EDT
It’s a sign Dan Gilbert is pulling out the checkbook to spend.
Oct 30, 2014, 5:25 PM EDT
The Spurs just got better.
Oct 30, 2014, 4:40 PM EDT
Look for a decision sometime after Christmas.
Oct 30, 2014, 3:55 PM EDT
The time the Nuggets center responded to a heckler
Oct 30, 2014, 3:11 PM EDT
Cleveland, as of a few days ago, reportedly hadn’t begun negotiations with Thompson
Oct 30, 2014, 2:35 PM EDT
Faried reveals Nuggets defensive game plan against Pistons
LeBron makes emotional return to Cleveland tonight, new Nike ad shows city standing together (VIDEO)
Oct 30, 2014, 1:55 PM EDT
The season is about process for the Cavaliers, but tonight is about celebration of home.
Oct 30, 2014, 1:15 PM EDT
It was a good night to be a Hornets fan.
Oct 30, 2014, 12:45 PM EDT
Bulls center has discussed Phil Jackson with his younger brother
Oct 30, 2014, 11:55 AM EDT
Gasol was dominant opening night, and Derrick Rose is thrilled to finally have some help.
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