It’s done: Kevin Love traded to Cavaliers, Andrew Wiggins headed to Minnesota in three-team deal

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We’ve known this was coming, now the waiting is over.

It didn’t take long on the first day Andrew Wiggins could be traded for the deal to go down — he is headed to Minnesota as part of a three-team trade that forms a super team in Cleveland with Kevin Love joining LeBron James and Kyrie Irving.

Adrian Wojnarowski of Yahoo Sports has the particulars:

Cleveland, Minnesota and Philadelphia have completed NBA trade call, source tells Yahoo. Kevin Love has joined LeBron James with the Cavs.

Minnesota’s Luc Mbah a Moute, Alexey Shved and Miami’s 2015 first-round pick remains the package to Philadelphia for Thaddeus Young.

With permission of Wolves and NBA, Dan Gilbert and Kevin Love met in Las Vegas during July summer league, sources tell Yahoo Sports.

That’s how long this has been in the works.

Here’s how the trade breaks down:

Cleveland gets: Kevin Love

Minnesota gets: Andrew Wiggins, Anthony Bennett, Thaddeus Young, a trade exception

Philadelphia gets: Luc Richard Mbah a Moute, Alexey Shved, a 2015 first round pick (Miami’s, top 10 protected).

The obvious winner here is Cleveland, they become an instant title contender. They need to re-sign Love next summer, but it’s hard to see him bolting. It is a lot of new pieces to fit together for coach David Blatt — who is an NBA rookie, but has decades of experience as the head man overseas with great success. And in the case of Love and Irving, neither has a moment of playoff experience. Still, with the additions of Mike Miller and Shawn Marion to go with some solid young players like Tristan Thompson and Dion Waiters, the only questions  seem to be ones of exactly when the Cavs can get it together, and whether it will be in time to win them a title in their very first season.

Minnesota does pretty well for itself, about as well as can be expected when being forced to trade a superstar. Sure, it’s rebuilding, but the hardest part of rebuilding is getting the elite star player and Minnesota may have that in Wiggins. Maybe he doesn’t pan out to be super-elite, but he’ll be a quality NBA player to build with and to pair with a young core of Ricky Rubio, Nikola Pekovic, Zach LaVine, Chase Budinger, and now Young. That’s not a playoff team in the West, but it’s not bad and has a lot of room for potential.

Philadelphia continues its plan of not being good now, but having a lot of picks that could turn into talent that’s NBA-ready in the not-too-distant future. Because the Sixers are in an admitted start-from-scratch rebuild, don’t be shocked if Mbah a Moute and/or Shved get flipped again down the line. As for the pick, they likely get to use it next year because while Miami took a step backward after losing LeBron in free agency, the Heat are still probably a playoff team in the East, and not at all likely to finish the season as one of the league’s bottom 10 teams.

PBT Extra: Rockets, with Chris Paul trade, show fearlessness in face of Warriors’ dominance

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The Rockets and Clippers both turned aggressive with today’s Chris Paul trade.

Houston is making a bold attempt to overtake the Warriors (a plan that could include other big moves). The Clippers are launching into rebuilding.

Kurt Helin breaks down what it means for both teams.

PBT Extra: With Phil Jackson discarded, Knicks face next challenge

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The Knicks did well to part ways with Phil Jackson, but where does New York go from here?

Masai Ujiri? David Griffin? Someone else?

Kurt Helin breaks down Jim Dolan’s options – and the approach the Knicks owner should take.

Report: Kings to sign Bogdan Bogdanovic to three-year, $36 million contract

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The Kings have a decent crop of low-paid young players: Buddy Hield, Willie Cauley-Stein, Skal Labissiere, Georgios Papagiannis and Malachi Richardson.

Soon, Sacramento will add a highly paid young player to the group: Bogdan Bogdanovic, whose rights the Kings acquired when trading down from No. 8 with the Suns in last year’s draft.

Ailene Voisin of The Sacramento Bee:

Because Bogdanovic was drafted three years ago (No. 27 by Phoenix in 2014), the Kings can exceed the rookie scale to sign him.

Bogdanovic is a talented 24-year-old, but this deal removes much of the value usually tied to rookies on cost-controlled scale contracts. It’s hard to see Bogdanovic’s production exceeding his salary over the next four years.

Still, what else was Sacramento supposed to do with its cap space? Just getting Bogdanovic to jump from Europe might be worth it. The Kings already have more cap flexibility than they know what to do with – especially after letting Ben McLemore become an unrestricted free agent.

Chris Haynes of ESPN:

Sacramento took McLemore No. 7 in the 2013 draft then spent the next four years watching his value depreciate.

Teams will line up to take a flier on him. Will someone pay him as if he’ll pan out even a little? That question will drive his unrestricted free agency.

Report: In wake of Chris Paul trade, Clippers focus on re-signing Blake Griffin

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Chris Paul is on his way to Houston in an attempt to form a superteam to challenge Golden State.

Now what for the Clippers?

They have two options: One, tear it all the way down and rebuild.

The other: Re-sign Blake Griffin, run the offense through him and put his underrated passing skills to the test while surrounded by shooters.

The Clippers are opting for door No. 2, at least for now, according to Ramona Shelburne of ESPN.

The fundamental question is: Does Griffin want to stay? The Clippers can offer more money and a larger contract, five -years starting just shy of $30 million a year. However, he will have good teams from the East calling. Miami is interested, and they have a strong point guard in Goran Dragic, a good wing defender in Justise Winslow, and a guy inside who can defend, rebound, and finish dunks in Hassan Whiteside. Plus, no state taxes on all that new money. Also, Boston (if they strike out with Gordon Hayward) and other teams will come calling. Griffin will have options.

If Griffin does stay, this could be interesting if the team is built right. Griffin is an underrated passer and playmaker — he averaged more than five assists per game last season, and that was with Chris Paul on the team. The Clippers would need to use him sort of like Denver uses Nikola Jokic, running the offense through him out high where he is a threat to score from with a midrange jumper, put the ball on the floor, or make a pass. Griffin would need to be surrounded by shooters and guys willing to work off the ball, such as J.J. Redick. Who is almost certainly gone.

If Griffin leaves, the Clippers don’t have much a choice and will have to start shopping DeAndre Jordan around and rebuilding the team (they got a fairly good haul for CP3 for that, considering the situation, Sam Decker and Montrezl Harrell are good young players who can be part of a rotation). Then Los Angeles will have two rebuilding teams, and that always makes for a great rivalry.