The Timberwolves signed first-round draft pick Randy Foye on Wednesday.

Foye, a 6-4 guard from Villanova, was the seventh overall selection and was acquired by the Wolves in a draft-night trade with the Trail Blazers.

"We're extremely excited to have Randy as a member of the Minnesota Timberwolves," Kevin McHale, the Timberwolves' vice president of basketball operations, said in a statement.