Wolves Pick Up Options On Rubio, Williams

SATURDAY, 2:38pm: The team has officially announced, via Twitter, that it’s exercising the options on Rubio and Williams.

TUESDAY, 1:16pm: The Wolves will exercise their team option on Ricky Rubio for 2014/15, a source tells Jerry Zgoda of the Star Tribune, and it’s a move that comes as no surprise. The source also confirms that the team will exercise its option on Derrick Williams, as owner Glen Taylor told Darren Wolfson of 1500 ESPN Twin Cities last night. Rubio’s option adds another $5,070,686 to the team’s payroll for next season, as our rookie contract option tracker shows.

I listed Rubio among the “no brainers” last month when I examined rookie option decisions, and there was never any doubt that Minnesota would ensure team control over the former No. 5 overall pick through his fourth season. A trickier decision involving Rubio looms next offseason, when the Wolves must decide whether to grant him a lucrative extension.

Picking up the options on Rubio and Williams will push the team’s commitments for 2014/15 to $68,403,149, ensuring the Wolves will be well over the cap unless they can move some salary via trade. Once these option pickups become official, Minnesota will trail only the Nets for the most amount of guaranteed money on the books for 2014/15.

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