Towns TWolves Draft 2015
The Minnesota Timberwolves selected versatile big man and former Kentucky star Karl-Anthony Towns with the No. 1 overall pick in Thursday's NBA Draft at Barclays Center in Brooklyn, New York. Reuters

[UPDATE 10:40 p.m.] Lakers take Larry Nance Jr. at No. 27. A very surprising move.

[UPDATE 10:12 p.m.] Portland Trail Blazers choose Rondae Hollis-Jefferson from Arizona. But he may not be there for long.

[UPDATE 9:47 p.m.] Knicks pull off a trade?

[UPDATE 9:40 p.m.] Rockets select Sam Dekker of Wisconsin. The sharpshooter had an excellent career with the Badgers.

[UPDATE 9:25 p.m.]-After all that trade talk Boston holds pat and picks Louisville's Terry Rozier, a scoring guard with great athleticism. But questions about whether he can run the point in NBA at his size.

[UPDATE 9:23 p.m.]-Oubre will cost Washington No. 19, but he's a great git beside John Wall and Bradley Beal.

[UPDATE 9:20 p.m.]-Well Oubre's probably on the move, but no trade's official just yet.

[UPDATE 9:17 p.m.]-Oubre's a solid pick outside the lottery for Atlanta. Long, athletic defender who can take on the perimeter and wings. If he improves three-point shot he'll fit right in with Hawks.

[UPDATE 9:16 p.m.]-Almost halfway through the first round, with lots of talent still on the board like Arkanas's Bobby Portis, Kansas's Kelly Oubre, and Wisconsin's Sam Dekker. Atlanta up next at No. 15.

[UPDATE 9:11 p.m.]-Lefty point guard Cameron Payne goes to Thunder, great scorer who can help Russell Westbrook on the perimeter the way Reggie Jackson did but better.

[UPDATE 9:02 p.m.]-Suns take Devin Booker at No. 13 and the first trade of the night involves no one in the lottery.

[UPDATE 8:56 p.m.]-Utah selects Kentucky forward Trey Lyles at No. 12. Haven't seen enough of him because he was buried on Wildcats bench, but all the tools are there to be LaMarcus Aldridge type player.

[UPDATE 8:50 p.m.]-No trades thus far but there's been chatter. Build up to draft made us all think we'd several moves before first third of the draft, but here we are. Last three lottery picks could be very interesting.

[UPDATE 8:49 p.m.]-Pacers get the big they've wanted in Myles Turner out of Texas. He's a wiry shot blocker who might have trouble rebounding, but Turner fills role Indiana needs at much cheaper cost than Hibbert.

[UPDATE 8:44 p.m.]-Kaminsky with the outfit and flash of the night so far.

[UPDATE 8:42 p.m.]-Winslow does indeed go to Miami, and could be steal of the draft with Chris Bosh in his hear. Next at No. 11 is the Indiana Pacers who are shopping center Roy Hibbert and may have their next big man to replace him.

[UPDATE 8:34 p.m.]-Next two picks are reportedly Wisconsin's Frank Kaminksy to Charlotte and Winslow to Miami at No. 10.

[UPDATE 8:25 p.m.]-With Pistons expected to take Arizona's Stanley Johnson, what Charlotte does at No. 9 becomes the focal point. A trade with Boston could be in the mix according to ESPN.

[UPDATE 8:23 p.m.]-Does Mudiay pick mean pre-draft chatter about Ty Lawson going to Kings is for real? Have to think Lawson has a new home tonight or before free agency.

[UPDATE 8:19 p.m. ET]- Pistons on the clock at No. 8, but Kentucky head coach John Calipari is sitting pretty after two of his guys go in the top six.

[UPDATE 8:17 p.m. ET]-Even though they may have considered trading the pick Yahoo reports Nuggets will take Mudiay at No. 7.

[UPDATE 8:16 p.m. ET]- Kings take Willie Cauley-Stein from Kentucky at No. 6. A terrific defender who, if they keep Cousins, can hold down the middle for Sacramento.

[UPDATE 8:09 p.m. ET]-Talented, confident shooter with loads of athleticism, Hezonja is Orlando's pick at No. 5. Sacramento up next and could potentially be drafting for someone else if they move DeMarcus Cousins.

[UPDATE 8:08 p.m. ET]- This was how most Knicks fans felt after Porzingis pick.

[UPDATE 8:01 p.m. ET]-Reaction from Knicks fans mixed, but leaning towards booing. Unfair to Porzingis and a poor welcome, but he could prove New York wrong. Magic on the clock with Croatia's Mario Hezonja reportedly the pick.

[UPDATE 7:56 p.m. ET]- Well Carmelo Anthony's newest teammate is:

[UPDATE 7:54 p.m. ET]-With Okafor almost falling to them, Knicks fans in attendance will lose their mind if Porzingis is the pick. Mudiay is certainly there. Knicks were heavily linked to trading down, maybe they take Duke's Justise Winslow for someone else and get a later pick.

[UPDATE 7:50 p.m. ET]- Okafor reportedly Sixers pick and they plan to keep him.

[UPDATE 7:46 p.m. ET]-Philly could go for point guard Emmanuel Mudiay, Okafor, or international stud Kristaps Porzingis. Another big with Joel Embiid and Nerlens Noel seems like a stretch for Sixers.

[UPDATE 7:44 pm. ET]-Lakers shock the draft with pick of Russell at No. 2. Now where will Okafor go? Laker fans go nuts at Barclays. A year ago Okafor was considered lock for No. 1 overall.

Sixers on the clock and Russell now gone really throws there plans for a loop.

[UPDATE 7:42 p.m. ET]-ESPN reporting Lakers could throw first monkey wrench and take Ohio State's D'Angelo Russell at No. 2.

[UPDATE 7:38 p.m. ET] Now Lakers on the clock with No. 2, and chaos is expected to reign unless they pick Duke's Jahlil Okafor. L.A. could also take Okafor for another team, maybe Sacramento, and complete trade later in the night.

[UPDATE 7:34 p.m. ET]- Yahoo confirms what everyone's known for quite some time, Towns to T-Wolves with No. 1 pick. Now just waiting for commissioner Adam Silver to announce.

[UPDATE 7:25 p.m. ET]-Five minutses away and while there's been no reports, unless there's a huge surprise, Minnesota probably takes Karl-Anthony Towns.

BROOKLYN, New York - The 2015 NBA Draft begins Thursday night at Barclays Center with the Minnesota Timberwolves possessing the No. 1 overall pick. T-Wolves president and head coach Flip Saunders is widely expected to take versatile Kentucky big man Karl-Anthony Towns with the top selection, but with so much scuttlebutt leading up to the draft anything can happen.

No matter who Minnesota takes, they’ll team Towns with the last two No. 1 picks in swingman Andrew Wiggins and power forward Anthony Bennett, though the latter’s reportedly at the center of trade discussions.

The Los Angeles Lakers and how they spend the No. 2 pick figures to dictate the rest of the evening, with the Philadelphia 76ers up next at No. 3, the New York Knicks at No. 4, and the Orlando Magic rounding out the top five.

The Lakers have been tied to Duke center Jahlil Okafor, as well as Ohio State point guard D’Angelo Russell, with point guard prospect Emmanuel Mudiay, who played in China last year, also in the mix at No. 2.

All eyes will also be fixed on where Latvian star Kristaps Porzingis lands. A smooth shooting big man listed at 7-foot-1 and fresh off an excellent season with Sevilla in Spain, the 19-year-old’s been projected to go somewhere in the top five to as low as the No. 7 pick to the Denver Nuggets.

As the draft quickly approaches, we’ll have updates on every pick, with analysis to boot, as well as the latest news on trades throughout the first round. The draft is scheduled to begin at 7:30 p.m. ET.

Trades

Lots of trades are expected and we'll provide updates on all of the trades and shuffling of picks here.

- The Memphis Grizzlies acquire forward Matt Barnes from the Charlotte Hornets for veteran point guard Luke Ridnour

- The Charlotte Hornets acquire forward Nicolas Batum from the Portland Trail Blazers for guard Gerald Henderson and power forward Noah Vonleh.

- Milwaukee Bucks acquired Toronto Raptors point guard Greivis Vasquez for 2017 first-round pick and 46th overall pick in tonight's draft according to ESPN.

- New York Knicks trade guard Tim Hardaway Jr. to the Atlanta Hawks in exchange for the draft rights to guard Jerian Grant.

- Hawks trade the rights to No. 15 pick Kelly Oubre to Washington for the rights to Jerian Grant and two future second-round picks.

Official Draft Order and Picks

1.Minnesota - Karl-Anthony Towns, Kentucky, F/C

2.L.A. Lakers - D'Angelo Russell, Ohio State, PG

3.Philadelphia - Jahlil Okafor, Duke, C

4.New York - Kristaps Porzingis, Spain/Latvia, F/C

5.Orlando - Mario Hezjona, Spain/Croatia, SG

6.Sacramento - Willie Cauley-Stein, Kentucky, F/C

7.Denver - Emmanuel Mudiay, China, PG

8.Detroit - Stanley Johnson, Arizona, SF

9.Charlotte - Frank Kaminsky, Wisconsin, C

10.Miami - Justise Winslow, Duke, SF

11.Indiana - Myles Turner, Texas, C

12.Utah - Trey Lyles, Kentucky, PF

13.Phoenix - Devin Booker, Kentucky, SG

14.Oklahoma City - Cameron Payne, Murray State, PG

15.Atlanta (via Brooklyn) - Kelly Oubre, Kansas, SF

16.Boston - Terry Rozier, Louisville, PG

17.Milwaukee - Rashad Vaughn, UNLV, SG

18.Houston (via New Orleans) - Sam Dekker, Wisconsin, SF

19.Washington - Jerian Grant, Notre Dame, PG

20.Toronto - Delon Wright, Utah, G

21.Dallas - Justin Anderson, Virginia, SG

22.Chicago - Bobby Portis, Arkansas, F

23.Portland - Rondae Hollis-Jefferson, Arizona, SF

24.Cleveland - Tyus Jones, Duke, PG

25.Memphis - Jarell Martin, LSU, PF

26.San Antonio - Nikola Milutinov, Serbia, C

27.L.A. Lakers (via Houston) - Larry Nance Jr., Wyoming, PF

28.Boston (via L.A. Clippers) - R.J. Hunter, Georgia State, G

29.Brooklyn (via Atlanta) - Chris McCullough, Syracuse, PF

30.Golden State - Kevon Looney, UCLA, SF

Bobby Ilich contributes to this report