Malcolm Lee Signed By Minnesota Timberwolves, According To Report

Read More: Malcolm Lee (G - UCLA), Derrick Williams (F - MIN), Minnesota Timberwolves, UCLA Bruins

The Minnesota Timberwolves were quite active on draft night back in June, but many of the transactions were forgotten following the long period of inactivity caused by the NBA lockout. One of those moves was the Wolves acquiring UCLA Bruins guard Malcolm Lee from the Chicago Bulls in exchange for the rights to Nikola Mirotic.

The Wolves apparently signed the 43rd overall pick on Monday morning, shortly after inking first round pick Derrick Williams, according to Sports Illustrated's Sam Amick. Amick reports that Lee has signed a three-year guaranteed deal, a move that's a bit surprising since the majority of second round picks aren't typically afforded that sort of security.

The 6-foot-5 shooting guard averaged 13.1 points on 43 percent shooting last season, his third with the Bruins. Once the signing is offical, Lee will be one of three players signed by David Kahn and the Wolves front office following Williams and free agent J.J. Barea.