(THIS WAS UPDATED MONDAY AFTERNOON WITH COMMENTS FROM DAVID KAHN)

Al Jefferson said his agent and Wolves boss David Kahn had a discussion in the last week in which he was reassured he won't be traded.

Yahoo! Sports on Sunday reported Indiana had turned down the Wolves' offer of Jefferson for Danny Granger.

Kahn met with agent Jeff Schwarz when he was in Minneapolis last week to visit Jefferson and Kevin Love. He represents both players.

"We had a talk about it last week," Jefferson said after this morning's shootaround. "He talked to us and let us know nothing like that was going on...He made me comfortable to know what I heard last night was rumors.

"It's part of the NBA life. It's not the first time my name has been attached to rumors before. It doesn't necessarily mean it's bad thing. I've been in this league long enough to know this time of year, every year, there's going to be trade rumors and stuff like that before the trade deadline. You're going to hear that. That's why it didn't bother me. You see stuff like this come on TV and coming out of the woodwork, that's why it went in one ear and went out the other."

Kahn called the report "totally without merit" and said he has "not made one offer involving any of our core players to other teams" and said he has decided to not do so until he and Kurt Rambis have had all of this season to evaluate the team.

"I have no desire, no wish to do anything with our core pieces this season," Kahn said. "In effect, our season did not start until Dec. 4 (when Love returned from a broken hand). We don't know who we are yet. You can make some terrible mistakes by making decisions too quickly."

Kahn, who arrived in Denver this afternoon from his home in Portland, said he was trying to set up a pre-game meeting with Jefferson tonight to assure him that he isn't being offered to other teams.

The Yahoo! Sports report also quoted an unnamed league source saying that Jefferson and Love were having "chemistry" and "jealous" issues.

Jefferson called the claim nonsense, but used a no-nonsense word to say so.

"That's (nonsense) to me," he said. "I hate to say that. Kevin is like a son to me in this league. I believe in tough love with him. There ain't no chemistry (issues), no jealousy, ain't nothing like that going on between me and him. I don't know where that came from or who made it up. That's just (nonsense.)"

While he talked to reporters after the team's shootaround in Denver, Love came over to where Jefferson was seated, fell on him and embraced him with a big, heavy hug.

Later, as Jefferson continued to speak, Love stood 70 feet away and with a smile yelled out that he was "jealous" all the media members were talking to Jefferson rather than to him.

"I just thought it was funny," Love said. "Al and I haven't had any problems since I got here. It's kind of laughable to me. He has been helping me out all along. I took my biggest steps last year because of him, this summer because of him. He walked in this morning and we were laughing about it. It's one of those things speculation and rumor. There's no jealousy going on here."

Kahn in time very well could decide to trade Jefferson -- or Love -- because, despite having complementary games, both basically are undersized power forwards and when paired together on the floor they have trouble protecting the rim defensively.

Kahn said he is constantly talking to other teams in what he calls a "feeling-out process" about what his players might be worth in a trade.

"But we're not making deals or concrete offers," he said.

Asked if trade rumors might swirl always as long as the two are together, Love said, "I don't know. That's why I get paid to play. I don't get paid to make decisions. I don't really take them (trade rumors) seriously. I heard I was getting traded in the summer. I heard everybody was getting traded in the summer. We'll see what happens before the trade deadline.

"I don't think Al's going anywhere. I don't think I'm going anywhere."

As Love talked to reporters, Jefferson walked by toward the team bus and yelled out to Love that he loved him.

"Love you, too, man," Love yelled back.