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T'wolves trade Sessions to Cavs

The Cleveland Cavaliers have traded Delonte West(notes) and Sebastian Telfair(notes) to the Minnesota Timberwolves for Ramon Sessions(notes) and Ryan Hollins(notes).

The Timberwolves will waive West, who has only $500,000 of his $4.7 million salary guaranteed next season. The Cavs also will get a second-round pick in the trade.

Telfair previously played for the Timberwolves. The Timberwolves signed Sessions to a four-year, $16 million contract a year ago, and the Cavs can use him at shooting guard. The Cavs lost center Zydrunas Ilgauskas(notes) in free agency and aren't expected to re-sign Shaquille O’Neal(notes), so Hollins can help their frontline.

Jonny Flynn, the T'wolves' starting point guard last season, needs surgery to repair a hip injury and is expected to be out at least three months, league sources said. Minnesota recently signed veteran point guard Luke Ridnour and could use Telfair to back him up while Ridnour recovers.

This is the Cavs' first significant transaction since losing LeBron James(notes) to the Miami Heat in free agency.