Rikako Ikee's six gold medals made her deserving of the award.
The 28-year-old Rockets guard James Harden beat out competition from Cleveland Cavaliers icon LeBron James and the New Orleans Pelicans' Anthony Davis.
Alexander Ovechkin won the Conn Smythe Trophy for playoffs MVP after leading the Washington Capitals to a maiden Stanley Cup triumph.
The Houston Rockets continued to steam toward the NBA playoffs on Thursday with a 101-96 victory over the Los Angeles Clippers while LeBron James and the Cleveland Cavaliers' run of disappointment in Portland continued.
James's three MVPs ties him with Michael Jordan, Oscar Robertson and Shaquille O'Neal.
Valeri was selected over Miguel Almirón, Sebastian Giovinco, Nemanja Nikolić, and David Villa.