The Minnesota Timberwolves today announced the team has acquired a 2012 second round pick, a future conditional second round selection and guard Robert Vaden from the Oklahoma City Thunder in exchange for forward Lazar Hayward. Following the trade, the Wolves waived Vaden.

Hayward spent one season with the Timberwolves, averaging 3.8 points and 1.7 rebounds in 42 games over his rookie season. Minnesota originally acquired the rights to Hayward, the 30th overall pick in the 2010 NBA Draft, from the Washington Wizards in a draft-day trade on June 24, 2010.