Dan Fegan is aiming high for client Ricky Rubio in rookie scale extension talks with the Timberwolves, asking for a five-year, maximum-salary deal, reports Darren Wolfson of 1500 ESPN Twin Cities (Twitter link). It’s unclear how steadfastly Fegan will stick to that price, but it seems an indication that he and Rubio are in no mood to accept a discount after a season in which the point guard failed to crack 10 points per game in spite of career-best averages in assists (8.6) and turnovers (2.7).
The sides opened extension talks on July 1st, the first day such negotiations could begin. Rubio is eligible to sign an extension anytime before October 31st, and he’d be set for restricted free agency next summer if no extension happens by that date. A five-year deal would make him the team’s Designated Player, meaning no other player coming off a rookie scale contract would be eligible for an extension of that length as long as Rubio’s extension is on Minnesota’s books.
Jerry Zgoda of the Star Tribune wrote in April that he expected Fegan to ask for a deal closer to the max than to Stephen Curry‘s bargain four-year, $44MM deal, so the Wolves likely expected tough negotiations, even if they weren’t quite prepared for Fegan to go for the max. The precise value of a maximum-salary extension for Rubio wouldn’t be known until next July, after he already would have signed it, but John Wall‘s five-year max extension with the Wizards, which kicks in for this coming season, will total $84,789,500.