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Wolves Sign Free Agent Alexey Shved

The Minnesota Timberwolves today announced the team has signed free-agent guard Alexey Shved. Per team policy, terms of the contract offer were not disclosed.
"We are excited to have Alexey join the Minnesota Timberwolves," Timberwolves President of Basketball Operations David Kahn said. "Alexey has been regarded as one of the best young talents in Europe for the past few seasons and will be a tremendous addition to our club. He is a smooth, fast-paced player who brings great shooting and passing abilities to our team. He will fit in well with our style of play and we look forward to seeing him a Timberwolves uniform."
Shved, 23, has spent the last six seasons playing professionally in Russia. In 2011-12, the 6-foot-6 guard averaged 11.6 points, 3.0 rebounds and 3.3 assists in 23 Russian League games with CSKA Moscow. The Belgorod, Russia native was named the 2012 BEKO PBL Playoffs MVP by Sports Express after leading his club to the Russian National Championship, averaging 14.3 points, 2.3 rebounds and 4.0 assists while shooting 60.0 percent from beyond the arc during the postseason.
In 21 EuroLeague appearances, Shved averaged 10.6 points, 2.6 rebounds and 3.0 assists while shooting 49.3 percent (33-of-67) from the 3-point line as CSKA Moscow reached the EuroLeague finals before falling to Olympiacos. Shved helped lead CSKA Moscow to four league championships between 2007-08 and 2011-12, as well as a EuroLeague title in 2007-08 and runner-up finishes in 2008-09 and 2011-12.
Shved has also competed on the international stage with the Russian National Team. Most recently he scored a game-high 22 points and dished out six assists as Russia defeated Nigeria to earn a spot in the 2012 Summer Olympics. Over the Olympic Qualifying Tournament, Shved averaged 10.5 points and 5.0 assists in four games.
He also won a bronze medal at Eurobasket 2011, averaging 8.5 points, 2.5 rebounds and 3.1 assists in 11 games. Shved competed at the 2006 FIBA U-18 World Championship and the 2007 and 2008 FIBA Europe U-20 Championships. He averaged 18.9 points, 3.4 rebounds and 3.0 assists per game at the 2008 FIBA Europe U-20 Championship.