The Cavaliers have acquired guard Ramon Sessions, center Ryan Hollins and Minnesota's second round pick in the 2013 NBA Draft from the Timberwolves in exchange for guards Delonte West and Sebastian Telfair, Cavaliers General Manager Chris Grant announced Monday.

"In Ramon, we're excited to add a young, multi-dimensional guard, and with Ryan, we're adding a young, athletic center. We think both Ramon and Ryan are really good fits for this team. We're also happy to add another asset for the future with the additional draft pick," said Grant. "At the same time, we'd like to thank Sebastian and Delonte and wish them well in the future."