Tag: Minnesota Timberwolves (Page 8 of 11)

Rubio plans to stay in Spain for two more years

Minnesota GM David Kahn said that there was an agreement in place to bring Ricky Rubio to the NBA this season, but in the end, the young Spaniard decided that he’d rather play in his home country for two more seasons.

Yet just as the team appeared to be putting the finishing touches on a deal to bring Rubio to the NBA, Rubio came to Kahn with second thoughts.

“This morning I met with Ricky and his parents and told them that I understood Ricky’s decision,” Kahn said in a statement. “It was clear to me yesterday and in this morning’s meeting that the pressure surrounding Ricky and his family to remain in Spain for at least two more years had only intensified as the summer wore on and was weighing heavily on them.”

Shortly after Rubio was drafted, there was talk that he and his agent preferred him to play in a larger market to better take advantage of endorsement opportunities that would help offset the costs of the buyout.

In a statement issued by the Timberwolves, Rubio said he has every intention of coming to Minnesota in two years. The Wolves retain Rubio’s draft rights for one year after his contractual obligation to Barcelona ends.

I don’t really blame Rubio here. Have you seen Barcelona? It’s far more beautiful and vibrant than the Twin Cities, especially from November to March, when the NBA season is in full swing. I’m sure that the option to stay close to home and play in a comfortable situation for two more seasons was an appealing choice, especially since Rubio is still only 18 years old.

As for the T-Wolves, they will still hold his NBA rights for a year after his contract with his Barcelona team is complete. There’s no huge rush to get him to the NBA, though I’m guessing that if David Kahn could do it all over again, he might take Stephen Curry instead.

T-Wolves still trying to secure Rubio’s release

According to the St. Paul Pioneer Press, Minnesota GM David Kahn is intent on seeing Ricky Rubio in a T-Wolves uniform this season.

Timberwolves President David Kahn has made a second trip to Spain to try to learn more about what it will take to get Ricky Rubio, the team’s No. 1 draft pick, to Minnesota.

It’s still unclear whether the 18-year-old point guard could get out of his DKV Joventut Barcelona team’s contract, which includes a $6.6 million buyout, in time for Wolves training camp in October.

It’s expected to be several more weeks before the Wolves learn whether they will have Rubio for the coming season. But Rubio has indicated to Kahn that he’s willing to come to Minnesota if the buyout issue can be resolved.

Right now, the issue is money.

It’s believed the $6.6 million buyout has been negotiated down by some European teams to about $4 million.

If the buyout could be decreased to about $3 million, that probably would be enough for Rubio to get out of the his Spanish contract and get to Minnesota. Rubio could pay the $3 million or so over the next several years from his salary from the Wolves.

There was some speculation that the T-Wolves and the Knicks may be working on a deal that would send Rubio to New York, but nothing can happen until he is free from his DKV Joventut contract and is able to play in the NBA.

I wonder if Kahn has second guessed his decision to take Rubio and point guard Jonny Flynn back-to-back in this summer’s draft. The pick has certainly created a lot of headaches for Kahn and the organization, and right now he looks a little foolish.

Rubio to stay with DKV Joventut?

Yes, according to TwinCities.com citing a report from a Spanish newspaper.

In the latest episode of the Ricky Rubio soap opera, the Spanish newspaper El Periodico is reporting that the frustrated point guard has informed his current Spanish team of his intention to fulfill the final two years of his contract.

The saga continues. This contradicts the statement by the team president that Rubio’s tenure with the team is over.

Rubio may turn out to be an NBA star, but right now David Kahn looks a little silly for taking Rubio and Jonny Flynn back-to-back without a plan in place to get Rubio out of his contract with his Spanish team.

T-Wolves pick Rambis as new head coach

It appears that the Minnesota Timberwolves’ search for a head coach is finally over.

Per ESPN…

Long considered a potential heir apparent to Los Angeles Lakers coach Phil Jackson, Rambis was lured away from Jackson’s staff by a four-year deal believed to be worth in excess of $8 million.

Wolves owner Glen Taylor confirmed ESPN.com’s report in an interview with the St. Paul Pioneer Press late Saturday, telling the newspaper that he expects Rambis to formally sign the contract Monday.

“Kurt, with his experience playing and coaching for a winning organization and working under people like Pat Riley, will bring a lot to our organization,” Taylor told the Pioneer Press. “In meeting with him and talking to him, I know he’s very excited about having an opportunity to help build his own team.”

This looks like a good hire by the T-Wolves. Rambis has spent several seasons learning from Phil Jackson, who is one of the very best coaches in the history of the league.

Who will have cap space in 2010?

ESPN’s Chad Ford lists nine teams that will have significant cap space next summer. [Insider subscription required.]

1. Nets ($25-$27 million)
2. Knicks ($24 million, assuming they don’t sign anyone for longer than a year)
3. Heat ($20-$22 million)
4. Timberwolves ($16-$18 million)
5. Bulls ($13-$15 million minus whatever they give Tyrus Thomas)
6. Thunder ($14-$15 million)
7. Rockets ($12-$14 million minus whatever they give to Carl Landry and Chuck Hayes)
8. Clippers ($10-$11 million)
9. Kings ($9-$10 million)

This assumes a cap of $53.6 million, which is an optimistic view. The cap could drop below $50 million.

It takes about $14 million of space to sign a max-contract player, so even under these optimistic circumstances, there really are only five teams — the Nets, Knicks, Heat, T-Wolves and Thunder — that will have that kind of space. (The Bulls are likely to keep Thomas and the Rockets are likely to retain Landry and Hayes, though they could make another move here or there to put them in position to add a superstar.)

Of these five teams, the Heat look to be in the best overall shape. Their projected payroll already includes Dwyane Wade, so they have enough to woo another superstar (LeBron, Bosh, Amare, Boozer?) to Miami. They also have a few good young players (Michael Beasley, Daequan Cook and Mario Chalmers) under contract, and the city boasts a great climate and nightlife. But the real draw is playing with Wade, who has already proven that he can win a championship if he has a little help.

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