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Timberwolves sign G Shved

The Minnesota Timberwolves signed guard Alexey Shved on Wednesday.

Financial terms of the deal were not disclosed.

Shved, 23, has spent the last six years playing for the CSKA Moscow in the Russian League.

"We are excited to have Alexey join the Minnesota Timberwolves," Timberwolves president of basketball operations David Kahn said. "Alexey has been regarded as one of the best young talents in Europe for the past few seasons and will be a tremendous addition to our club. He is a smooth, fast-paced player who brings great shooting and passing abilities to our team. He will fit in well with our style of play and we look forward to seeing him a Timberwolves uniform."

Shved averaged 11.6 points, 3.0 rebounds and 3.3 assists in 23 games last season and was named the 2012 BEKO PBL Playoffs MVP with 14.3 points, 2.3 rebounds and 4.0 assists while shooting 60.0 percent from three-point range during the postseason.