The Cleveland Cavaliers offered the No. 1 overall pick, Tristan Thompson and Dion Waiters to the Minnesota Timberwolves for Kevin Love, according to a source.

The Wolves rejected the trade offer and hope to build around Love under Flip Saunders.

The thinking from the Cavaliers' perspective would be to pair Kyrie Irving with a legitimate All-Star in Love.

The Cavaliers have reportedly not decided on who to select first overall and also continue to look for a trade of the selection.