The 2013 NBA Draft Lottery was held on Tuesday in Times Square with the Cleveland Cavaliers winning for the second time in three years and third time in ten years. The Washington Wizards moved up from the eighth slot to draft third.

1. Cleveland Cavaliers
2. Orlando Magic
3. Washington Wizards
4. Charlotte Bobcats
5. Phoenix Suns
6. New Orleans Pelicans
7. Sacramento Kings
8. Detroit Pistons
9. Minnesota Timberwolves
10. Portland Trail Blazers
11. Philadelphia 76ers
12. Toronto Raptors
13. Dallas Mavericks
14. Utah Jazz

Flip Saunders would like to add more shooters to the Minnesota Timberwolves’ roster.

"We need more shooters,'' Saunders said. "You can't play with one (Budinger) or two (Luke Ridnour). A healthy Kevin Love will help there, but if we put shooters on the floor, you're going to see a much better (Ricky) Rubio.''

The Timberwolves were the worst three-point shooting team in the NBA, finishing at 30.5 percent.

J.J. Barea led the Timberwolves in three-point shooting percentage at 34.6 percent, while Alexey Shved paced the team in total attempts with 288.

The Minnesota Timberwolves are formalizing the release of Brandon Roy, according to sources.

Roy had one more year on his contract and was slated to earn $5.3 million next season.

This is likely the end of Roy's career.

Roy, who played just five games this season with the Timberwolves, is a three-time NBA All-Star.

Flip Saunders fired five members of the Minnesota Timberwolves’ scouting department.

Saunders fired international scouting director Pete Philo, regional scouts J.T. Prada, Curtis Crawford and Steve Gordon and special-assignment scout Will Conroy.

Philo was instrumental in the Timberwolves’ efforts to land Ricky Rubio.

The Minnesota Timberwolves replaced David Kahn as chief decision-maker with Flip Saunders.

The belief is that Kevin Love's relationship with the organization will improve with a regime change, but sources say Ricky Rubio's camp is disappointed with Kahn's dismissal.

Kahn drafted Rubio fifth overall knowing that he likely would not come to the NBA immediately.

Flip Saunders, the Minnesota Timberwolves' new president for basketball operations, has maintained contact with Rick Adelman and believes the coach will return for a third year next season.

“I don’t think there are many organizations that can say they have two people associated that have combined for 1,600 wins,” Saunders said.

“I know what he’s going through as a coach, and I think that will beneficial for myself and for Rick. We’re a team moving forward."

Saunders was introduced by the Timberwolves on Friday, replacing David Kahn.

Flip Saunders has signed a deal to become president of basketball operations of the Minnesota Timberwolves.

Saunders will replace David Kahn, who was fired on Thursday.

Saunders, who formerly was head coach of the Wolves, will also have an ownership stake.

David Kahn is out as Minnesota Timberwolves president of basketball operations.

Timberwolves owner Glen Taylor opted not to pick up the option for next season on Kahn's contract.

''We want to thank David for all of his efforts the past four years with our basketball team,'' Taylor said in a statement issued by the team. ''These are always difficult decisions, but at this time, we believe it is in the best interest of our organization to make a change. We wish David all the best in the future.''

Flip Saunders will be named the Timberwolves’ next president of basketball operations, according to three people with knowledge of the situation.

''It's always the owner's prerogative,'' Kahn said. ''I don't think it's appropriate to say whether it's fair or not. I'm very grateful for the opportunity that Glen gave me.''

The Timberwolves went 89-223 and missed the playoffs in all four seasons under Kahn.

With a report that the Minnesota Timberwolves will replace David Kahn with Flip Saunders, the former released a statement about his future with the franchise.

"First, I wake up every day knowing it's a privilege to have this job, and not a right,'' Kahn's statement read. "Speculation about our jobs is part of this business, especially when you strip the emotion out of it. Speculation is especially understandable now, as we have a deep and talented team, with several cornerstone players, and will be poised for big success once it regains its health.''

The Wolves have an 89-223 record during Kahn's four seasons as decision-maker.

"Glen and I have an understanding that we will meet at the appropriate time to discuss my contractual status, but only after we have clarification on coach Adelman's status and Glen has all the information he needs,'' Kahn said. "It is no different than when we make decisions on players who have options. We wait for the process to unfold. In the meantime, Glen and I have been having conversations about the draft, free agency and other plans."

Flip Saunders is expected to replace David Kahn as the Minnesota Timberwolves’ head of basketball operations.

Saunders has been negotiating a deal that could run through the 2017-18 season, according to sources who requested anonymity because they weren’t authorized to discuss the hiring.

The hiring of Saunders would end Kahn’s tenure as general manager of the Timberwolves.

Kahn’s deal includes a team option for 2013-14 that will not be exercised.