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Kevin Love to the Cavs: How rare is trading a No.1 pick?

Kevin Love will go to the Cleveland Cavaliers in exchange for No. 1 draft pick Andrew Wiggins, according to various reports. Andrew Wiggins' reported trade to the Minnesota Timberwolves for Kevin Love makes him the third No. 1 overall NBA draft pick to be traded before playing an NBA game.

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Alan Diaz/AP/File
Minnesota Timberwolves forward Kevin Love (42) works the ball as Miami Heat center Chris Bosh (1) defends during an NBA basketball game in Miami, in April. The Cleveland Cavaliers have agreed to trade their last two number one overall picks, Andrew Wiggins and Anthony Bennett to Minnesota for Love.

The Cleveland Cavaliers and the Minnesota Timberwolves have reached an agreement in principle for Kevin Love to join LeBron James with the Cavaliers, while the Timberwolves get this year鈥檚 No. 1 draft pick Andrew Wiggins, according to various media reports.

Besides Wiggins, the Timberwolves will also get Anthony Bennett, last year鈥檚 No. 1 overall draft pick, and a protected 2015 first-round draft pick, . Mr. Love will opt out of his contract in 2015 and re-sign with the Cavaliers on a five-year contract extension for at least $120 million.

The deal cannot be finalized until Aug. 23. Per league rules, Wiggins cannot be traded until one month after he signed his rookie contract.聽

The reported trade represents a rarity in the NBA: a team drafting a player at No.1 overall, and then trading him away before he plays a single NBA game. In fact, Wiggins shares his fate with just two other players. The Boston Celtics traded Chuck Share . Chris Webber was picked by the Orlando Magic in the 1993 NBA draft, but to the Golden State Warriors.

There are three other times when a team drafted the No. 1 pick, but the player did not play for other reasons. For example, Clifton McNeely was the first No. 1 pick in 1947. The Pittsburgh Ironmen drafted Mr. McNeely, but he went on to be a coach and聽. Gene Melchiorre became the No. 1 draft pick in 1951, but 聽for his role in the college basketball point-shaving scandal. In 1975, David Thompson over the NBA.

Why would a team trade the No. 1 draft pick? In 1993, Mr. Webber reportedly wanted to play for a more established team, but either way, the Magic got Anfernee Hardaway and three future first-round picks聽for trading him. In Wiggins鈥 case, as a teammate. Why? James wants to win more championships, and that James, Love, and Kyrie Irving would be the trio to push the Cavaliers toward victory.

In Love, a fifth-overall draft pick in 2008, the Cavs are getting a three-time NBA All-Star and the (now former) anchor of the Minnesota Timberwolves franchise. Among other impressive states, he has holds the league's longest consecutive streak of games with at least 10 points and 10 rebounds (or "double-doubles") According to reports, Love will sign a five-year deal worth $120 million to play in Cleveland.

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