HoopsHype Ricky Rubio rumors

October 31, 2014 Updates

Darren Wolfson: Said 4/$52M is what Wolves will do. Maybe 54. On Rubio to say yes. RT @1500ESPN .@Darren Wolfson says Rubio will accept 4-years, $58M. Twitter @DarrenWolfson

Sources say that the Wolves and Rubio have been in advanced negotiations for the last few weeks that are likely to lead to an extension. Thompson and Golden State, meanwhile, have been in serious talks for some time after the Warriors backed out of long-running Love trade talks with Mi?nnesota this offseason in order to keep Thompson. ESPN.com

October 30, 2014 Updates
October 28, 2014 Updates
October 25, 2014 Updates
October 17, 2014 Updates
October 16, 2014 Updates
October 13, 2014 Updates
October 12, 2014 Updates
October 11, 2014 Updates
October 8, 2014 Updates
October 7, 2014 Updates
October 6, 2014 Updates

Rubio has been after a five-year contract with the Timberwolves, and though he’d like that deal to be a max, there is no doubt Minnesota won’t go that high. In fact, while it has been reported that the two sides are far apart on a number, you can get a sense of just how far — league sources told Sporting News that the Timberwolves’ best offer thus far has been four years in the range of $48 million. Sporting News

The exact amount Rubio could get with a max deal won’t be known until next year’s salary cap is announced, but as of now, it would shape up to be $85 million over the five years. Obviously, that is a significant difference. The Timberwolves don’t want to give Rubio a five-year deal because they are only allowed to extend one player on the roster for a contract that long — all others must be four-year deals. With good young talent like this year’s top pick, Andrew Wiggins, on hand, general manager Flip Saunders doesn’t want to tie up his five-year extension in Rubio. Sporting News

Any rumor missing? E-mail us at   hoopshype@hoopshype.com.