Washington Wizards President Ernie Grunfeld announced today that the team has signed 2007 first round draft pick Nick Young (6-7, guard/forward) and 2006 first round draft pick Oleksiy Pecherov (7-0, forward/center).  Per team policy, terms of the deal were not disclosed.

"We are excited to have two very talented first round picks join our team," Grunfeld said. "Nick Young and Oleksiy Pecherov both have good size, athleticism and the ability to score.  They are hard working and competitive young players."

Young, 22, was drafted 16th overall by the Wizards in the first round of the 2007 NBA Draft.  Last season at the University of Southern California, Young ranked among the Pac-10 leaders in scoring (17.5 ppg, 2nd), three-point field goal percentage (.440, 2nd) and field goal percentage (.525, 5th) in his junior campaign.  

Pecherov, 21, was drafted 18th overall by the Wizards in the 2006 NBA Draft.  He played last season for BY Kyiv in his native Ukraine, and is also a member of the Ukrainian National Team.