By Larry Fine
NEW YORK (Reuters) - The Minnesota Timberwolves won the National Basketball Association's draft lottery on Tuesday, giving them the opportunity to make the first selection in June's draft.
The Timberwolves had a 25 percent chance -- the best odds among the 14 non-playoff teams in the draw -- at winning the weighted lottery after finishing with the worst record in the 2014-15 regular season.
It marked the first time the Wolves, who went 16-66 during the regular season, have owned the number one pick in the draft.
"We just want a young man with a great heart and a great mind," said Timberwolves owner Glen Taylor, who attended the lottery at a midtown Manhattan hotel ballroom.
Drafting second will be the Los Angeles Lakers, who moved up from the presumed fourth spot, while the New York Knicks, who had the second-worst record in the regular season, slipped to the fourth spot of the draft.
The Philadelphia 76ers will select third and the Orlando Magic will pick fifth.
The 2015 NBA Draft will be held at the Barclays Center, home of the Brooklyn Nets, on June 25.
(Editing by Frank Pingue)