As ESPN.com reported Sunday, Cleveland plans to formalize a contract with Wiggins this week. A trade involving Wiggins can't be done until 30 days after he signs his contract, which means the Cavs would have to wait a month to officially complete a deal with Minnesota even if the sides come to terms on a swap.
The Cavs' delay in signing Wiggins is not related to their pursuit of Love, sources say, but they ultimately would have to have Wiggins under contract to facilitate such a trade. The packages Cleveland has been offering to Minnesota, sources say, have included Wiggins' projected salary-cap number of $5.5 million, which can be factored into the trade only if he's under contract.
Although James is said to be intrigued by Wiggins' potential and to have tracked his progress during summer league, sources say he has backed the Cavs' win-now pursuit of Love, with whom he played on the United States' gold-medal-winning team at the 2012 London Olympics.
ESPN The Magazine's Chris Broussard reported last week that a Cavs-Wolves trade appeared close to completion but quoted sources close to the process as saying Minnesota wants more than Cleveland has offered to this point.
Sources say that the Wolves and Warriors also appeared close to completing a deal in June that would have sent Love to Golden State, but the Warriors ultimately decided not to part with Thompson, offering a combination of David Lee and Harrison Barnes instead.