Despite the projection, the Timberwolves continue to hold trade talks, and the "pick remains in flux," per Givony.
James Wiseman and LaMelo Ball also remain possibilities for Minnesota, which held a virtual interview with Ball over the weekend.
The 2020 class features no clear No. 1 prospect similar to Zion Williamson last year, while the altered pre-draft process because of the COVID-19 pandemic has created even more uncertainty leading into Wednesday's event.
Bleacher Report's Jonathan Wasserman listed Edwards as the No. 4 player in the class behind Ball, Killian Hayes and Onyeka Okongwu.
However, Edwards stands out with his athleticism and shot-creating ability, averaging 19.1 points per game as a freshman last season. The 6'5" player also has the physical tools to be an elite on-ball defender in the NBA.
It makes him a perfect fit for the Timberwolves, who already have a lead guard in D'Angelo Russell and a center in Karl-Anthony Towns.
Minnesota had one of the worst records in the NBA last year at 19-45, but the young core could have the team moving in the right direction in 2020-21 and beyond.