The Timberwolves are attempting to finalize a two-year deal worth $20 million with Russian forward Andrei Kirilenko, according to a report on Yahoo! Sports.

“Kirilenko’s deal with the Wolves is expected to include a player option for the 2013-14 season, sources said,” Adrian Wojnarowski of Yahoo! Sports tweeted Wednesday, July 25.

Wolves president of basketball operations David Kahn declined to comment Wednesday on Kirilenko or reports linking the Wolves to a three-team trade involving New Orleans and Phoenix.

The Wolves reportedly are prepared to trade forward Wesley Johnson and a first-round draft pick to Phoenix, which would send center Robin Lopez and forward Hakim Warrick to New Orleans. In the proposed trade, New Orleans would send the Wolves point guard Jerome Dyson, two future second-round picks and return the $800,000 contract of center Brad Miller, who announced his retirement at the end of the 2011-12 season. The Wolves traded Miller to New Orleans on July 13.

The trade presumably would clear the salary cap space the Wolves need to sign Kirilenko.

Kahn did say Wednesday that he hopes to complete negotiations “soon” with former Portland shooting guard Brandon Roy but offered no update on former Boston center Greg Stiemsma, who reached an agreement with the Wolves on Saturday. Roy has reached an agreement with the club after a year away from the NBA. The one-time all-star with Portland retired before last season because of a degenerative condition in his knees.

Kirilenko, 31, a 10-year NBA veteran with six playoff appearances, is also planning a return to the league after playing in his native Russia last season with CSKA Moscow. Kirilenko went to Russia during the lockout and stayed for the entire season.

Amid the reports surrounding Kirilenko and the three-team deal, the Wolves introduced Russian shooting guard Alexey Shved to the Minnesota media Wednesday after he signed a three-year, $10 million contract.

Shved, 23, in Russia, spoke with reporters on a conference call. Shved, who is 6 feet 5, and Kirilenko, who is 6-9, were teammates last season with CSKA Moscow, but Shved said he was unaware Kirilenko was in talks with the Timberwolves.

“This is the first I’ve heard about it,” Shved said through a translator, his agent, Obrad Fimic. “It would be a great thing (if he played for Minnesota). I didn’t really talk with him about my contract situation with Minnesota and his situation with the NBA. We’re departing for the Olympics. My thoughts are fully concentrated now on the Olympics.”

Shved and Kirilenko are playing with the Russian Olympic team.

Kirilenko, a skilled outside shooter at small forward, played all 10 of his NBA seasons with Utah. He earned $17.823 million in 2010-11, his final season with the Jazz, and averaged 11.7 points, 5.1 rebounds and 3.0 assists. Kirilenko is a career 47.0 percent shooter and averaged 12.4 points over his career in Utah.

Kirilenko’s best season with Utah was 2003-04, when he made his only All-Star Game appearance. He finished that season averaging 16.5 points, 8.1 rebounds and 3.1 assists.

If Kirilenko joins the Wolves, he would give the team five international players, joining Shved, Spanish point guard Ricky Rubio, Montenegrin center Nikola Pekovic and point guard J.J. Barea of Puerto Rico.

Shved knows enough about the Wolves to recognize last season’s struggles after Rubio was lost to a season-ending knee injury on March 9.

“They were like two different teams before and after Ricky’s injury,” Shved said. “The team had problems after he was injured.”

Kahn said Shved can play both guard positions and some small forward “depending on the matchups,” but he downplayed Shved’s impact with the team in his first NBA season.

“This year it’s important to not put too much pressure on him to produce at a high level,” Kahn said. “We have the kind of depth in our backcourt where he’ll be able to make the transition to the NBA at his own speed.”

Shved has been playing professionally in Russia since he was 17 and was the most valuable player of the 2012 Russian League playoffs.

Shved is among five new players joining the Wolves this offseason, along with Stiemsma, second-round draft pick Robbie Hummel, forward Chase Budinger and forward Dante Cunningham, who was acquired in a trade Tuesday from Memphis in exchange for guard Wayne Ellington. Two more new players will be added when Roy signs and if Kirilenko joins the team.

Besides Ellington, Timberwolves players gone from last season’s roster are forwards Michael Beasley, Anthony Tolliver and Anthony Randolph; swingman Martell Webster; and centers Darko Milicic and Miller, who announced his retirement.

Follow Ray Richardson at twitter.com/twolvesnow.