Towns is the first UK signee to win the award since Brandon Knight won it in back-to-back years in 2009 and 2010. They are the only two Wildcats to win the awaard dating back to its inception in the 1985-86 season.
The 7-foot, 250-pound Towns helped lead Metuchen (N.J.) St. Joseph to the NJSIAA state championship on Monday. He averaged 20.9 points, 13.4 rebounds and 6.2 blocked shots per game this season in helping his team post a 30-2 record.
He was also cited by the selection committee for his weighted 3.66 grade-point average.
Former Georgetown University and NBA standout Alonzo Mourning, who received the award in 1988, was on hand at his high school to present the award, according to the New Jersey Star-Ledger.
Towns was one of four players to sign with Kentucky during the fall signing period, along with Indiana forward Trey Lyles, Mississippi shooting guard Devin Booker and Chicago point guard Tyler Ulis. The Wildcats are currently ranked No. 2 behind Duke in the Scout national team recruiting rankings for 2014.
A member of the Dominican National All-Star Team that was coached by UK asssistant Orlando Antigua last year, Towns has been selected to play in the McDonald's All-American game and the Jordan Brand Classic later this spring.