Updated

The Minnesota Timberwolves acquired guard Kevin Martin in a sign-and-trade as part of a three-team deal with the Oklahoma City Thunder and Milwaukee Bucks.

The Timberwolves will send guard Luke Ridnour and a 2014 second-round pick (from the Los Angeles Lakers via the Phoenix Suns) to Milwaukee. Ridnour played for the Bucks from 2008-2010.

Minnesota and Milwaukee will also receive cash considerations from Oklahoma City, which received the draft rights to Szymon Szewczyk from the Bucks.

"We are excited to add a talented veteran in Kevin Martin to our team," said Flip Saunders, Timberwolves president of basketball operations. "Kevin is one of the top shooters and more efficient scorers in the NBA and will help us immensely in those areas. Kevin is familiar with Coach Adelman's style of play and had success playing for him in Sacramento and Houston. We expect that to continue."

In his nine seasons in the NBA with Sacramento (2004-10), Houston (2010-12) and Oklahoma City (2012-13), Martin has averaged 17.8 points. 3.3 rebounds and 2.0 assists in 552 games (387 starts).

Ridnour, a nine-year pro, started all 82 games for the T'wolves last season, averaging 11.5 points and 3.8 assists per game. Over 722 career games with Seattle (2003-2008), Milwaukee and Minnesota (2010-2013), Ridnour has averaged 10.0 points and 4.8 assists per game.

Szewczyk, a native of Poland, was taken by the Bucks, via the Memphis Grizzlies, with the 35th pick in the 2003 NBA Draft, but has played in Europe his entire career.