Report: Cavaliers and Timberwolves set on Kevin Love trade, which includes Love re-signing for five years

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It’s already been reported the Cavaliers and Timberwolves had agreed on a Kevin Love trade.

Even if it hadn’t been, every indication pointed that way.

But this isn’t something that slipped out on a radio interview. This isn’t read reading between the lines.

This is deliberately reported and well-sourced proof Cleveland and Minnesota pan to complete a deal as soon as Andrew Wiggins can be traded, Aug. 23.

Adrian Wojnarowski of Yahoo Sports:

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.

It’s a risk worth taking.

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.

Report: Kevin McHale also in mix for team president in Orlando

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Cavaliers GM David Griffin — who doesn’t have a contract with the team beyond this year, but who LeBron James has endorsed — is on their radar.

Larry Bird, who is stepping down in Indiana, is a potential target.

You can add Kevin McHale to the list of former NBA executives the Orlando Magic are taking a look at in their search for a new head of basketball operations, reports Sam Amick of the USA Today.

The Orlando Magic have serious interest in Hall of Famer and TNT analyst Kevin McHale for their team president position, according to two people with knowledge of the situation….But McHale, who served as Minnesota Timberwolves vice president of basketball operations from 1995 to 2008 while also serving as the team’s head coach on two occasions, is known to be on the Timberwolves’ short list as well. The Magic would strongly prefer someone who has previously been a general manager for the president position.

But McHale, who served as Minnesota Timberwolves vice president of basketball operations from 1995 to 2008 while also serving as the team’s head coach on two occasions, is known to be on the Timberwolves’ short list as well. The Magic would strongly prefer someone who has previously been a general manager for the president position.

McHale made some franchise-defining moves as the head man in Minnesota — he drafted Kevin Garnett and he brought Flip Saunders into the organization, he brought in Sam Cassell and Latrell Spreewell and that got the Timberwolves to the conference finals in 2004, to use a few examples.

He had his share of mistakes, too. Like drafting Ray Allen then trading him for Stephon Marbury, or drafting Brandon Roy and trading him for Randy Foye.

The Orlando roster has talent on it — Aaron Gordon, Evan Fournier, Nikola Vucevic, maybe Elfrid Payton — and a quality coach in place with Frank Vogel. That said the talent on the roster does not fit and Orlando desperately needed someone willing to shake things up, who wasn’t too invested in “their guys” to realize the roster’s serious shortcomings.

McHale could do that. It looks like we are a month or more from finding out, however, as Griffin isn’t going anywhere until after the Cavaliers season — which likely extends into June. If the Magic are serious about him, this process is going to drag out.

Joel Embiid was hanging out with Philly fans at the NFL Draft

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Joel Embiid is a man of the people.

And last night the people in Philadelphia were all Eagles fans, watching the NFL Draft unfold.

Embiid was out there with them. Literally.

Ben Simmons was there as well with Embiid, according to CSNPhilly.com.

Philadelphia fans can only hope the Eagles draft as well — and have WAY better injury luck — than the Sixers.

Moving to new arena, Detroit Pistons submit bids to host 2020 or 2021 All-Star Game

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DETROIT (AP) — The Detroit Pistons have put in bids to host a future NBA All-Star Game at Little Caesars Arena.

The team says in a release Friday that bids were submitted to the league for 2020 and 2021.

Little Caesars Arena is being built just north of downtown Detroit and is expected to open this year. It also will be home to the NHL’s Detroit Red Wings.

In November, the Pistons announced the team was moving back to Detroit from The Palace of Auburn Hills.

The city of Detroit last hosted the NBA’s All-Star Game in 1959. The 1979 game was played in Pontiac when the Pistons’ home court was the Silverdome.

NBA All-Star events include the All-Star Game, NBA Rising Stars Challenge, a celebrity game, skills competition and fan events.

PBT Extra: Does Larry Bird stepping down change Paul George question in Indiana?

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When the Woj bomb dropped that Larry Bird was stepping down as president of the Indiana Pacers, two questions came to mind. First was, “Is he healthy?” Reportedly he is, this was not a healthy-related decision. Which is great news.

Second, what does that mean for Paul George?

Is Indiana more likely to trade him now? Less?

George speculation has ramped up around the league and — while no doubt new GM Kevin Pritchard will say he would love to keep PG13 when he speaks to the media — there is a sense Bird walking away could be a sign that the Pacers are moving into rebuilding mode. That said, Pritchard is known for driving a hard bargain, he’s not going DeMarcus Cousins trade here.

I talk about all of that and more in this latest PBT Extra.