According to Adrian Wojnarowski, Cleveland and Minnesota have finally agreed on the exact trade that everyone has assumed will happen for weeks. Cleveland will send Andrew Wiggins, Anthony Bennett, and a protected first round pick to the Wolves in return for Kevin Love, who will agree to a long-term extension to stay with the Cavs.
The deal can't be finalized until August 23, a month after Wiggins signed his rookie deal. The Wolves had wanted to unload some of its god-awful contracts along with Love, but somehow Cleveland won't have to take on any.
It will be telling to see how long Love of an extension Love agrees to, since LeBron has outs essentially every year until he (presumably) signs a longterm deal once the new TV money kicks in two years from now. Yahoo puts it at five years, $120+ million. In the meantime, congratulations, Dan Gilbert, you have assembled a superteam comprising a free agent with whom you probably colluded, and another small market's star.