Mayo heads to Memphis, Love to Minnesota in blockbuster trade
The Wolves have reached an agreement in principle with the Memphis Grizzlies that sends the draft rights to Mayo, Marko Jaric, Antoine Walker and Greg Buckner to the Grizzlies in return for the draft rights to Kevin Love, Mike Miller, Brian Cardinal and Jason Collins.
The blockbuster deal for both teams wasn't completed until past 2 a.m. ET, some two hours after Boston made the 60th and final pick of the draft, according to The Associated Press.
ESPN.com reported on Tuesday that Wolves GM Kevin McHale was infatuated with Love, but felt that the team had to select Mayo and use him to acquire more assets. Love, a fundamentally-sound post player, should mesh well with the Timberwolves' budding star Al Jefferson.
Notable Draft-Day Trades
Involving Two Top-Five Picks
2006: Portland acquires the draft rights to No. 2 pick LaMarcus Aldridge and a future second-round pick from Chicago for Viktor Khryapa and the draft rights to No. 4 pick Tyrus Thomas.
1998: Golden State acquires draft rights to No. 4 pick Antawn Jamison for draft rights to No. 5 pick Vince Carter.
1996: Milwaukee trades draft rights to No. 4 pick Stephon Marbury to Minnesota for draft rights to No. 5 pick Ray Allen and a future first-round pick.
1993: Orlando trades draft rights to No. 1 pick Chris Webber to Golden State for draft rights to No. 3 pick Anfernee Hardaway and three future first-round picks.-- ESPN Research
In addition to landing Love, the Wolves get a sharpshooting swingman in Miller who can help carry the scoring load from the perimeter. The deal is also a financial boon for the Timberwolves, who get the bad contract of Jaric (three years, $21 million) off the books. Walker's and Buckner's contracts are not guaranteed after this season.
Roy went on to become rookie of the year in 2006-07 and an All-Star last season, while Foye has struggled with injuries while showing promise as a floor leader and playmaking perimeter threat.
The Grizzlies get the superstar they wanted in the backcourt in Mayo. They also rid themselves of Cardinal's bad contract (two years, $13 million). The Grizzlies now have a glut of guards on the team with Mayo, Mike Conley, Kyle Lowry and Javaris Crittenton.
Chad Ford covers the NBA for ESPN Insider. Information from The Associated Press was used in this report.
2008 NBA Draft
We've got the 2008 draft covered. Who are the top prospects? Check out our analysis, projections, scouting reports and more. '08 NBA Draft Index • Roundup: A rundown of who went where
• Keeping up with draft day trades
• Mayo to Memphis, Love to Minnesota
• Simmons, Ford: Great Draft Debate '08
• Chad Ford's Mock Draft 7.0: Picks 1-30 | 31-60
• Chad Ford's Mock Draft 6.1: Picks 1-30 | 31-60
• Chad Ford's Mock Draft 6.0: Picks 1-30 | 31-60
• Chad Ford's Mock Draft: Version 5.0
• Chad Ford's Mock Draft: Version 4.0
• Chad Ford's Mock Draft: Version 3.0
• Chad Ford's Mock Draft: Version 2.0
• Chad Ford's Mock Draft: Version 1.0
• Draft Machine: Make your picks
• Who's in, who's out of 2008 draft?
• Ford's Top 100: Best draft prospects
Chad Ford• Draft Watch: How high or low will they go?
• Draft Notes: Heat trading Beasley pick?
• Draft Notes: Rose-Beasley rages in Chicago
• NBA draft strategy: Ranking prospects by tiers
• Draft Watch: Teams coveting UCLA's Westbrook
• Draft Watch: Final in/out decisions made
• Draft Watch: Rush's hot, Arthur's not
• Draft Watch: International top 15
• Draft Watch: Alexander's hot, Lawson's not
• Draft Watch: Miami takes close look at Mayo
• Draft Watch: Using the measurements
• Draft Watch: Analyzing combine results
• Draft Watch: Analyzing official measurements
• Draft Notes: Who's looking to trade their pick?
• Draft Notes: Stars come out in Orlando
• Draft Notes: Beasley, Rose a marked contrast
• Draft Stock Watch: Forbes taking wing on charts
• Draft Notes: No. 1 question looms over Paxson
• Draft Watch: Lawson bouncing back
• Draft Notes: Rumors, promises and PGs
• Draft Watch: Orlando hopefuls eye first round
• Draft Watch: Could Mayo be the No. 2 pick?
• Draft Watch: Who's No. 1 -- Rose or Beasley?
• Draft Watch: Mayo's stock is rising again
• Draft Watch: Judging early entry calls
• Draft Watch: Nike Hoop Summit buzz
John Hollinger• Draft Rater: How will the Euros translate?
• Draft Rater: Who are the best perimeter players?
• Draft Rater: Who are the best big men?
• Draft Rater: Beasley has most pro potential
• Rating college prospects
More Analysis• Katz: Bayless, Gordon survived turmoil
• Katz: Freshmen could produce record numbers
• Katz: Draft trade rumors abound
• Gottlieb: Mayo impresses while others falter
• Katz: On top 12 picks
• Katz: Rose's unique passion to win
• Fraschilla: Who made right choice to return?
• Katz: Heels win on withdrawal day
• Katz: Anderson still on fence
Draft Lottery• Ford: Beasley-Rose debate rages in Chicago
• Bulls win lottery; get first pick
• Ford: Will Bulls take Beasley No. 1?
• Vote: What should Bulls do?
• Katz: Lottery projections
• Fraschilla: Projecting picks 1-14
Podcasts• NBA Dish: Paxson on winning lottery
• Mike & Mike: Paxson on No. 1 pick
• NBA Dish: Joe Abunassar, NBA trainer
• NBA Dish: Kevin Love, UCLA
SportsNation• NBA Draft polls
Fantasy• McKitish: Most freshmen have little impact
• McKitish: Beasley and Rose as NBA rooks