Report: Love-Wiggins deal to become three-team trade

Colleen Thomas

Report: Love-Wiggins deal to become three-team trade image

Instead of individual deals between the Cleveland Cavaliers, Minnesota Timberwolves and Philadelphia 76ers, the blockbuster trade involving Kevin Love and Andrew Wiggins will become a three-team deal, according to the Minneapolis Star-Tribune and ESPN's Mark Stein.

MORE: Deal to include 76ers' Young | Bennett dodges rumors | Cavs add Shawn Marion 

This report comes a day after Philadelphia's Thaddeus Young was confirmed to be traded to the Timberwolves.

As a result, Minnesota will get the past two No. 1 overall picks, Wiggins and Anthony Bennett, 76ers forward Thaddeus Young and a trade exemption that will allow the Timberwolves to acquire a player within the next year without hindrance by the salary cap. The exemption is believed to be worth $4 million.

Cleveland will receive Love to team with LeBron James and Kyrie Irving.

Philadelphia will get the 2015 first-round pick from Miami that Cleveland owns as well as the contracts of Luc Mbah a Moute and Alexey Shved.

Per NBA rules, Cleveland is allowed to trade Wiggins, this year's No. 1 overall pick, Saturday. The deal is expected to be announced by the three teams at that time.

Colleen Thomas

Colleen Thomas Photo

Colleen Thomas is an Associate Editor at Sporting News. She joined Sporting News in 2014.