Minnesota Timberwolves president David Kahn admitted that point guard Ricky Rubio’s buyout situation is still very problematic. Kahn isn’t sure when Rubio, whom the T-Wolves took with the fifth overall pick in this year’s NBA draft, will come to the United States.
Rubio still has two years remaining on his contract with his professional team in Spain and has yet to be able to negotiate a buyout number that is at least $6.6 million.
The Timberwolves selected Rubio with the No. 5 pick in the June draft. They can only contribute $500,000 toward the buyout under NBA rules.
So the 18-year-old Rubio is contemplating staying in Spain for another year or two before joining the Timberwolves.
Kahn says he still does not know if an agreement will be reached to bring Rubio to Minnesota this season.
Oddsmakers from online sports book SPORTSBETTING.COM have established the Timberwolves as massive 150/1 long shots to win the 2010 NBA Finals. Even if Rubio eventually comes to the U.S. and plays with the T-Wolves this season, Minnesota still doesn’t stand much of a chance of competing this season.
Posted: 8/11/09 4:55PM ET