The Cleveland Cavaliers, Minnesota Timberwolves and Philadelphia 76ers have reportedly agreed to a three-team trade that would help the Cavs form their own "Big Three" for the 2014-15 NBA season.

ESPN reported that the Timberwolves will indeed send Love to the Cavaliers in exchange for 2014 first overall pick Andrew Wiggins, 2013 top rookie pick Anthony Bennett and a 2015 first-round pick.

The trade would team Love up with Cavaliers superstar LeBron James and All-Star guard Kyrie Irving along with promising prospects like Dion Waiters and Tristan Thompson.

The deal between the Cavaliers and the Timberwolves were reportedly agreed upon earlier this month, but the deal would expand to a three-team trade involving the 76ers.

Under the new agreement, the Timberwolves will also acquire Thaddeus Young from the 76ers in exchange for a future first-round pick along with the expiring contracts of Luc Richard Mbah A Moute and Alexey Shved.

Timberwolves coach Flip Saunders has been eyeing Young since Love informed Minnesota that he has no plans to sign an extension with the team.

Young, who averaged 17.9 points and 6.0 rebounds per game last season, is expected to take the role to be vacated by Love once the trade is completed.

Sources indicated that the first-round pick acquired by the Timberwolves from the Cavaliers will be shipped to the 76ers as part of the trade for Young, who has been mentioned in several trade rumors before last season's trade deadline.

Philadelphia reportedly tried to convince Minnesota to trade Bennett, but the Timberwolves did not budge as they are optimistic that the former UNLV standout could be a major piece in their rebuilding efforts despite being labeled as a draft bust during his rookie season.

Bennett averaged just 4.2 points and 3.0 rebounds in 52 games with the Cavaliers last season, but the 21-year-old forward turned heads in the 2014 Las Vegas Summer League where he averaged 13.8 points to go along with 7.8 rebounds per game.

Sources said that the three-team deal could be completed as early as Saturday when Wiggins becomes eligible to be traded. The former Kansas standout signed his rookie deal on July 24, which made him unavailable for trades until Aug. 23.

For the latest sports news, follow Latin Post Sports on Twitter.

FOR MORE NBA TRADE AND FREE AGENCY NEWS, CLICK ON THIS LINK TO VISIT LATIN POST.COM'S SPORTS PAGE.