Chad Ford answered my question in his chat today that is still ongoing, and I thought I would post it here:

 

Ben (Minneapolis)

Any real possibility of Granger to the Wolves for Jefferson and the #16 pick?

Chad Ford   (1:11 PM)

No. Wolves would like Granger, but Pacers (and a lot of teams for that matter) are leery of Jefferson's knee. I think Granger would cost the Wolves #4,

If its going to cost #4, then screw it. Its unfortunate that his knee is still an issue; it hasn't really been brought up until this point, so that is very disappointing. I was under the impression that teams would assume his knee is almost fully recovered and his numbers would improve this year. If this is really the preception that other teams have of him, then it becomes that much more likely that Love is the one that is traded (unfortunately).

Here is the link to Ford's chat:

http://espn.go.com/sportsnation/chat/_/id/32685/nba-insider-chad-ford