Wizards deal #5 overall pick

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MINNEAPOLIS -- The Minnesota Timberwolves have agreed to trade guards Randy Foye and Mike Miller to the Washington Wizards for the fifth overall draft pick and three players.

Two NBA officials with knowledge of the deal confirmed that the trade had been agreed upon Tuesday night. They spoke on condition of anonymity because the deal had not been completed.

The deal would give Minnesota the fifth and sixth overall selections in Thursday's NBA draft, as well as forwards Etan Thomas, Darius Songaila and Oleksiy Pecherov.

Yahoo! Sports first reported the deal.

New Timberwolves president David Kahn didn't immediately return a message left by The Associated Press.

The Timberwolves also have the 18th and 28th selections in the first round, which gives them plenty of ammunition to potentially create a package to move up even higher in the draft to go after either Spanish guard Ricky Rubio or Connecticut centre Hasheem Thabeet.

The Wizards, unlike most lottery teams, feel they can afford to deal a high first-round draft pick because they're already adding a major impact player next season.

Gilbert Arenas is expected to return at full strength after missing most of the last two seasons due to multiple knee surgeries, putting Washington in contention to return to the playoffs immediately despite coming off a 19-63 season that matched the worst 82-game record in franchise history.

If they're expecting Arenas to be the guy to save them and that's why they traded 3 guys + that pick, I'm not sure what they really expect. Arenas has been out for more than a year, tried to come back last season and couldn't. Add on the fact that they just added 2 guards while getting rid of 3 forwards (potentiall 4 with that draft pick) and somehow Arenas is suppose to fill those forward positions? Hmm...