reported earlier that the Minnesota Timberwolves have reached an agreement to trade Kevin Love to the Cleveland Cavaliers for Andrew Wiggins, Anthony Bennett and a protected 2015 first-round draft pick.
According to Yahoo! Sports, which initially reported the agreement, Love has committed to opt out of his contract in 2015 and re-sign with Cleveland next summer for five years and $120 million-plus, the website's sources said..
The trade cannot be finalized until Aug. 23 because players cannot be traded until 30 days after signing a new contract. Wiggins signed a rookie contract on July 24.
With LeBron James, Kyrie Irving and Kevin Love, are the Cavs now the best team in the Eastern Division?