The Minnesota Timberwolves today acquired 6-7 guard/forward Chase Budinger and the draft rights to 6-9 forward Lior Eliyahu from the Houston Rockets in exchange for the 18th overall pick in Thursday's draft.

"We're excited to add a player like Chase who is a proven shot-maker and also has an excellent all-around game," said David Kahn, Timberwolves President of Basketball Operations. "Chase knows Rick Adelman's system well after playing for him in Houston, and he will be a good fit on our team."

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