Minnesota Timberwolves Vice President of Basketball Operations Kevin McHale today announced the team has acquired a first-round draft pick, guard Rodney Carney, center Calvin Booth and cash considerations from the Philadelphia 76ers in exchange for a future conditional second-round draft pick.

"Acquiring another first-round draft pick gives us an additional asset as we continue building our team," said McHale. "This trade continues our plan of building around our young core of developing players while acquiring future assets. Carney is a player who is still developing, but has tremendous athletic ability. Booth provides another veteran presence to the team and our locker room."

McHale addressed assembled local media on Wednesday afternoon regarding the trade. Here's what he had to say:

McHale on Philly Trade

Carney, a 6-5 guard, was drafted 16th overall (first round) by the Chicago Bulls in the 2006 NBA Draft, and was later acquired by Philadelphia in a draft night trade. In his rookie season, Carney appeared in 67 games posting averages of 6.6 points (.464 FG%, .609 FT%) and 1.9 rebounds in 17.4 minutes per game, including a career-high 25 points against the Golden State Warriors. In his second NBA season (2007-08), Carney appeared in 70 games, averaging 5.8 points (.403 FG%, .679 FT%) and 2.1 rebounds in 14.8 minutes per game.

Booth, a 6-11 center, averaged 0.8 points (.333 FG%, .600 FT%) and 1.2 rebounds in 6.6 minutes per game in 31 contests for Philadelphia in 2007-08. In his career, Booth has appeared in 358 games with averages of 3.3 points (.450 FG%, .748 FT%) and 2.8 rebounds in 12.3 minutes per game. Booth was signed as a free agent by Philadelphia prior to the 2007-08 season.