O.J. Mayo and Kevin Love didn't stay put for long as the Grizzlies and Timberwolves have reached an agreement on a trade involving the pair of recently-draft players.

Two sources confirmed to ESPN.com's Chad Ford late Thursday night that Minnesota will send the draft rights to Mayo, Marko Jaric, Antoine Walker, and Greg Buckner to Memphis in exchange for the right to Love, Mike Miller, Brian Cardinal, and Jason Collins.

The Wolves took Mayo with the third overall pick while the Grizzlies grabbed Love with the fifth overall selection.