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August 23, 2014 Updates
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The Cavaliers and Wolves have had an agreement in place on Love for weeks and it remains intact, sources said. That trade, which morphed into a three-way deal with the Philadelphia 76ers that will send Thaddeus Young to Minnesota, is expected to be completed on Saturday. ESPN.com

Cleveland is allowed by NBA rules to trade newly signed No. 1 overall pick Andrew Wiggins on Saturday, when the following will be completed, according to a person with knowledge of the trade: It will be a three-team deal involving the Wolves, Cleveland and Philadelphia. The Wolves will receive Wiggins, 2013 No. 1 pick Anthony Bennett, 76ers forward Thaddeus Young and a trade exception believed to be worth at least $4 million that they can use to acquire a player in the next year without being strapped by salary-cap rules. Minneapolis Star-Tribune

The Minnesota Timberwolves expect to land Philadelphia's Thaddeus Young in addition to No. 1 overall draft pick Andrew Wiggins when they complete their long-anticipated trade that sends Kevin Love to the Cavaliers this weekend, NBA front-office sources said. ESPN.com

Although nothing can be finalized before Saturday, sources said Thursday that the Wolves are poised to surrender a future first-round pick along with the expiring contracts of Luc Richard Mbah A Moute and Alexey Shved to the Sixers for Young, who has two seasons left on his deal valued at $19.4 million. The Wolves, sources said, already have verbally agreed to acquire Wiggins, 2013's No. 1 overall pick Anthony Bennett and a future first-round pick from the Cavs for Love. Minnesota would then have the option of flipping that first-rounder to Philadelphia, along with Mbah A Moute and Shved, for Young. ESPN.com

The Cavaliers will get Love to team with superstar LeBron James and guard Kyrie Irving. Philadelphia will receive Miami’s 2015 first-round pick that the Cavaliers own as well as the expiring contracts of Wolves players Luc Mbah a Moute and Alexey Shved. Like 76ers lottery pick Joel Embiid, Mbah a Moute is from Cameroon and has mentored the gifted but injured center chosen third in the June draft. The Sixers expect Mbah a Moute’s presence to ease Embiid’s NBA transition. Minneapolis Star-Tribune

The long-awaited Kevin Love trade from the Minnesota Timberwolves to the Cleveland Cavaliers will finally be formalized soon, but there was an unexpected twist near the end: Anthony Bennett won't go to the Philadelphia 76ers as part of the three-team deal after all. According to a person with knowledge of the deal that will be finalized on Saturday, the Cavaliers forward and 2013 No. 1 pick who was rumored to be headed for the 76ers will be retained by the Timberwolves. He'll join 2014 No. 1 pick and fellow Cavaliers youngster Andrew Wiggins in Minnesota, where the Timberwolves will also receive 76ers forward Thaddeus Young and a trade exception (which allows teams to acquire players via trade without taking players back in return) worth more than $5 million. USA Today Sports

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