It's finally official.

Minnesota Timberwolves center Karl-Anthony Towns has been named the NBA's Rookie of the Year Award after earning all 130 first-place votes and a total of 650 points awarded by a panel of North American sports writers and broadcasters.

"It's an honor to be named Rookie of the Year by the media," Towns said in a statement. "I owe a lot to our coaches and my teammates for their support throughout the year."

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Towns is just the fifth rookie to win the award unanimously, joining Damian Lillard (2013), Blake Griffin (2011), David Robinson (1990) and Ralph Sampson (1984).

The No. 1 overall pick in the 2015 NBA Draft, Towns led all qualified rookies in scoring with 18.3 points per game, rebounding (10.5 per game), field goal percentage (.542), double-doubles (51) and minutes played (32 per game).

The Timberwolves have now taken home the last two ROY awards, following Andrew Wiggins' win in 2014.