A high-level source told Yahoo! Sports that Ricky Rubio will sign a six-year contract to remain in Spain. The contract will give Rubio the ability to join the NBA after the 2010-11 season.
Timberwolves' GM David Kahn had been pushing to facilitate a deal that would allow Rubio to join the Wolves for the upcoming season.
But on Monday, Regal of Barcelona agreed to terms with Rubio after working out a buyout of Rubio's contract with DKV Jovenut.
Via Yahoo! Sports
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Aug 31, 2009 10:22 AM EST
A source briefed on the talks said David Kahn's continued presence in Spain could be taken as an indication that the odds of Rick Rubio coming to the Wolves next season had improved.
It has been six days since several Spanish media outlets reported an agreement was in place for Joventut to trade Rubio's rights to FC Barcelona for 3.7 million Euros ($5.28 million), and for Rubio to sign a six-year contract with an "affordable" buyout in 2011.
But a source told ESPN.com last Wednesday that "it's not over yet," and that remained the status quo heading into Monday.
Via ESPN
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Timberwolves general manager David Kahn, agent Dan Fegan and DKV Joventut president Jordi Villacampa had dinner together on Saturday night.
According to El Mundo Deportivo, Kahn made his final offer, but the status and details of it aren't known at this time.
"I'm very proud that the Wolves come to Spain to get me," Rubio told El Mundo.
The Pioneer Press is reporting that Minnesota owner Glen Taylor accompanied Kahn on the trip to Spain.
Reports indicate that the Wolves may have offered to play an exhibition game against Joventut in the fall of 2010.
Via El Mundo Deportivo
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Timberwolves Aug 2009 Archive
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Star Tribune | Aug 30, 2009
Kurt Rambis has added Bill Laimbeer and Reggie Theus to his coaching staff in Minnesota, according to a league source.
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Newsday | Aug 27, 2009
Ricky Rubio will have the right to leave for the NBA after his second season in Barcelona.
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ESPN | Aug 26, 2009
Ricky Rubio may not have officially signed with Regal Barcelona yet.
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Marca.com | Aug 26, 2009
Ricky Rubio will be staying overseas.
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Timberwolves.com | Aug 25, 2009
The Timberwolves will have a considerable amount of cap room this summer.
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Pioneer Press | Aug 24, 2009
The Timberwolves are in need of a versatile small forward, and Rudy Gay could be a viable option.
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Twitter (Adrian Wojnarowski) | Aug 22, 2009
The Timberwolves are talking with Reggie Theus about becoming an assistant coach under Kurt Rambis.
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Pioneer | Aug 21, 2009
Minnesota general manager David Kahn has made a second trip to Spain to see what it will take to get Ricky Rubio to the NBA.
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Star Tribune | Aug 17, 2009
Timberwolves forward Al Jefferson says that he is close to full strength following last season's knee injury.
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Alex Kennedy/RealGM | Aug 17, 2009
The Knicks have put negotiations with free-agent point guards on hold.
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Pioneer Press | Aug 16, 2009
Ricky Rubio is still attempting to join the NBA for the 09-10 season.
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Yahoo! Sports | Aug 13, 2009
Quentin Richardson has been traded for the fourth time this summer.
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Pioneer Press | Aug 12, 2009
Timberwolves star Al Jefferson says that he will definitely be ready for training camp.
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Star Tribune | Aug 12, 2009
Minnesota general manager David Kahn said on Tuesday that he could trade Quentin Richardson by the end of the week.
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ESPN | Aug 12, 2009
The Timberwolves haven't been to the playoffs since 2004, but Kurt Rambis says he couldn't pass up the chance to coach the team.
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NBA.com | Aug 11, 2009
The Timberwolves have worked out final contract details with free-agent center Ryan Hollins.
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ESPN | Aug 11, 2009
The Timberwolves hired Kurt Rambis as their newest head coach in hopes that he'll be able to connect with their young roster.
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USA Today | Aug 10, 2009
Ricky Rubio has two years remaining on his contract with DKV Joventut Badalona.
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Pioneer Press | Aug 10, 2009
Longtime NBA assistant David Wohl is reportedly coming to the Timberwolves as a top assistant for Kurt Rambis.
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Pioneer Press | Aug 10, 2009
Mark Jackson, once a candidate for Minnesota's head coaching job, reportedly has an opportunity to join the team as an assistant.
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ESPN | Aug 9, 2009
Kurt Rambis is expected to formally sign a contract with the Wolves on Monday.
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Star Tribune | Aug 8, 2009
The Timberwolves are expected to name Kurt Rambis their next head coach, but nothing will become official until next week.
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CanisHoopus.com | Aug 7, 2009
Ricky Rubio will reportedly remain with DKV Joventut.
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SI.com | Aug 6, 2009
A report that Kurt Rambis would become the next head coach of the Timberwolves now looks premature.
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Los Angeles Times | Aug 5, 2009
Kurt Rambis flew to Minnesota on Wednesday, presumably to become the next head coach of the Timberwolves.
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Pioneer Press | Aug 5, 2009
Ricky Rubio still has a lot of hurdles to clear in order to play for the Timberwolves this season.
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ESPN | Aug 4, 2009
The Timberwolves have signed restricted free-agent center Ryan Hollins to an offer sheet.
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SI.com | Aug 3, 2009
The Cleveland Cavaliers, Houston Rockets and Minnesota Timberwolves were penalized for releasing details of their 2009-10 schedule.
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Star Tribune | Aug 3, 2009
The Star Tribune is reporting that Kurt Rambis is emerging as the frontrunner to become the new coach of the Timberwolves.
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NBA.com | Aug 3, 2009
The Timberwolves have signed restricted free-agent center Ryan Hollins to an offer sheet, giving the Dallas Mavericks seven days to match the offer.
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ESPN | Aug 3, 2009
Timberwolves owner Glen Taylor spoke on Sunday about why it's clear that Kevin McHale wouldn't have been the right coach for the team.
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Pioneer Press | Aug 2, 2009
Timberwolves owner Glen Taylor has confirmed that the team's coaching search is down to three candidates.
