According to Chad Ford of ESPN, via NBC Sports' Dan Feldman, Chicago has offered forward-center Taj Gibson, small forward Tony Snell and the Nos. 16 and 19 picks in this year's draft to Minnesota for a deal that would involve Love going to the Bulls.
Golden State has also reportedly been in continued talks with Minnesota, but the Warriors' front office is reportedly divided on whether to give in to Minnesota's request for sharpshooter Klay Thompson as part of any potential deal.
The Nuggets have also reportedly made swingmen Kenneth Faried and Wilson Chandler available as part of a potential package to bring Love to Denver.
Love, who turns 26 in September, is set to test the free agent market in 2015. He is scheduled to make $15.7 million in the final year of his contract and will leave Minnesota if the Wolves don’t trade him before the league trade deadline in February or surround him with the kind of talent that he feels is worth staying to contend for a championship.
Last season, the three-time All-Star averaged 26.1 points and 12.5 rebounds per game.