From the LA Times’ Mike Bresnahan :

The owners of the Lakers and Minnesota Timberwolves have begun talks for a trade that would involve sending Kevin Garnett to the Lakers, league sources said today.

The Times first reported the talks as a multi-player negotiation involving the Lakers, Minnesota, Indiana and possibly a fourth team. Sources now say the Lakers are dealing directly with Minnesota and disagree about the involvement of the Pacers and a fourth team.

The Lakers are reportedly offering the Timberwolves Andrew Bynum (above), Lamar Odom and Kwame Brown for Garnett.

Jerry Buss and Timberwolves owner Glen Taylor spoke by phone for 20 minutes Friday. Buss reportedly ended the conversation by suggesting that Lakers General Manager Mitch Kupchak and Timberwolves vice president of basketball operations Kevin McHale would continue the discussion today.

There’s at least one kinda believable report the Celtics are in the mix this megatrade’s 4th team, with Jermaine O’Neal bound for Boston.