On August 2, 2005, there was a five team trade in the NBA. The Miami Heat traded Qyntel Woods, Albert Miralles, their 2006 2nd round pick, and their 2008 2nd round pick to the Boston Celtics, Eddie Jones to the Memphis Grizzlies, and Rasual Butler to the New Orleans/Oklahoma City Hornets. The Boston Celtics traded Antoine Walker to the Miami Heat. The Memphis Grizzlies traded Andre Emmett, James Posey and Jason Williams to the Miami Heat and Greg Ostertag to the Utah Jazz. The New Orleans/Oklahoma City Hornets traded Roberto Duenas to the Miami Heat. The Utah Jazz traded Curtis Borchardt to the Boston Celtics, Raul Lopez to the Memphis Grizzlies, and Kirk Snyder to the New Orleans/Oklahoma City Hornets.
On January 26, 2006, the Boston Celtics traded Marcus Banks, Mark Blount, Ricky Davis, Justin Reed, Miami's 2008 second round pick, and their 2006 2nd round draft pick to the Minnesota Timberwolves for Dwayne Jones, Michael Olowokandi, Wally Szczerbiak and the Timberwolves' 2009 1st round draft pick.
The 2006 second round pick traded to the Wolves became Craig Smith, a pretty good pick. The 2009 pick was traded back to the Wolves in the KG trade and is widely known as turning into Jonny Flynn. In actuality, however, that pick would never have gone to the Celtics until two years after the Clipper (now Hornet pick) that is unprotected in the 2012 draft. So, that pick will be the Wolves 2014 pick.
That Miami Heat 2008 pick (remember, Miami imploded after their Championship and went 15-67 making this the first pick of the second round) was used to select none other than Nikola Pekovic, who stayed in Europe until last season.