Ricky Rubio Rumors | Hoops Rumors

Extension Rumors: Thompson, Cavs, Butler

October 31st, 2014 at 10:30pm CST by Chuck Myron

Tonight’s 11:00pm Central deadline for rookie scale extensions is fast closing in. Here’s the latest on talks around the league, with any additional updates that come in throughout the evening added to the top:

Final-hour talks are taking place between the Cavs and representatives for Tristan Thompson, reports Jason Lloyd of the Akron Beacon Journal (Twitter link). The team has offered more than $40MM, according to Sam Amico of Fox Sports Ohio (on Twitter). A deal was a 50-50 proposition as of this afternoon, as Amico heard (Twitter link).
Butler struck a somewhat different tone before the Bulls‘ game against the Cavs tonight than his agent did when he indicated that talks were through (below), as Sam Smith of Bulls.com relays. “We still want a deal,” Butler said. “I still want to be here. I still want to have nothing to worry about. So we have until 11:59 [Eastern time] to figure it out. I’m not a personal guy. I don’t take everything to heart. I understand it’s a business. I just have to be a great basketball player. I think this team is really good, championship caliber. I am a part of this team; I am going to produce. I’m going to guard. I will take care of myself. I think there’s not too much I can do right now. I’m done talking about it.”
Still, Bulls GM Gar Forman said that both sides had agreed to end discussions for now and pick back up again in restricted free agency next summer, Smith notes.
Butler also said that he believes he’ll remain with the Bulls whether it entails signing an extension or a new deal next summer, tweets K.C. Johnson of the Chicago Tribune.

5:40pm updates:

Butler has rejected the Bulls‘ “final offer” and plans to enter restricted free agency next summer, Adrian Wojnarowski of Yahoo! Sports reports. Butler’s agent, Happy Walters, said, “All the [rookie extension] deals done so far have shown that teams are building around their stars of the future, and they’re compensating those players as such. I was under the impression Jimmy was also viewed as one of those future building blocks with the Bulls. We tried like heck to get something done, but ultimately, the Bulls wanted a ‘hometown’ discount. While understandable, I doubt their GM or coaches give Mr. Reinsdorf a discount when negotiating their own deals.”
Butler had told his teammates that he was willing to play out the season unless the team upped their “final” offer, K.C. Johnson tweets.
The Wolves and Rubio are making progress on a four-year extension, Wojnarowski reports (Twitter link). According to Wojnarowski’s sources, there’s optimism, but no deal in place yet.

3:58pm updates:

The Wolves are now willing to go higher than $52MM in four-year offers to Ricky Rubio and the team is on board with a deal as long as Rubio is, reports Darren Wolfson of 1500 ESPN Twin Cities (Twitter link). Jerry Zgoda of the Star Tribune believes that a deal would have to be for at least $55MM over four seasons (Twitter link).
The Bucks and Brandon Knight weren’t too far apart in extension talks before ending them today, tweets Jeff Goodman of ESPN.com.
Conversely, the gap appears wide between the Bulls and Jimmy Butler, and the chances of a compromise don’t appear to be high, as Goodman also hears (Twitter link). Chicago has been willing to consider a player option in his deal, something the franchise doesn’t ordinarily do, according to K.C. Johnson of the Chicago Tribune (on Twitter), but talks aren’t progressing, as Brian Windhorst of ESPN.com hears (Twitter link).

Wolves Sign Ricky Rubio To Extension

October 31st, 2014 at 9:28pm CST by Eddie Scarito

The Timberwolves have officially signed Ricky Rubio to a contract extension, the team announced (on Twitter). Adrian Wojnarowski of Yahoo! Sports first reported the four-year, $55MM deal, which includes $1MM in incentives, as Jerry Zgoda of The Star Tribune adds (Twitter link). There are no team or player options in the arrangement, according to Jon Krawczynski of The Associated Press (Twitter link).

“We are excited to sign Ricky to a contract extension and keep him as a foundation for years to come,” Timberwolves president of basketball operations/coach Flip Saunders said in the team’s statement. “He is annually among the league leaders in assists and steals, and his intangibles make him a very valuable player to our team. Ricky is only in his fourth season and because of his work ethic and determination, we are confident that he will continue to grow as a player and as a team leader. We look forward to many great years ahead of Ricky in a Timberwolves uniform.”

Agent Dan Fegan had reportedly been seeking the maximum salary for his client, which likely would have been at least $85MM over five years, so the Wolves achieved some level of success in negotiating Rubio’s camp down from that amount. The Wolves had initially talked about four years and $44MM, and upped the offer to $48MM, then to $52MM and beyond for the 24-year-old.

Rubio’s extension matches the average annual salary that fellow point guard Eric Bledsoe netted in his new five-year contract with the Suns, at least with Rubio’s $1MM in incentives factored in, notes Marc Stein of ESPN.com (Twitter link). The dollar figure represents the sort of high-leverage negotiations that had been taking place for a franchise that lost Kevin Love via trade this summer, as Charlie Adams of Hoops Rumors examined when he looked at Rubio’s extension candidacy. The Wolves ultimately saw the prospect of increased revenues from the league’s recent $24 billion TV deal as motivation to come up in their offers, tweets Jon Krawczynski of The Associated Press, who adds that the team wanted to show faith in the former No. 5 overall pick.

The deal gives Minnesota approximately $50.2MM in guaranteed salary commitments for the 2015/16 season, though that figure doesn’t account for Thaddeus Young‘s $9,971,739, Chase Budinger‘s $5MM, or Corey Brewer‘s $4,905,000 player options.

In his three years in the league, Rubio has averaged 10.2 PPG, 4.1 RPG, and 8.1 APG. His slash line is .369/.323/.799.

Photo courtesy of USA Today Sports Images. Chuck Myron contributed to this post.

Extension Rumors: Butler, Rubio, Thompson

October 31st, 2014 at 11:54am CST by Chuck Myron

The 11:00pm Central deadline for rookie-scale extensions is only about half a day away, and there’s sure to be action in the hours ahead as decisions loom for the remaining eligible players. Here’s the latest as of this morning:

The Bulls and Butler were apart by $2.5MM in average annual value as they talked Thursday, Johnson reports. Butler’s camp doesn’t see a deal happening before the deadline, according to USA Today’s Sam Amick (on Twitter), which isn’t surprising considering the gap.
The Wolves are willing to sign Rubio to a four-year extension worth $52MM, and the team would perhaps be on board with going up to $54MM, according to Wolfson (Twitter link). Agent Dan Fegan has reportedly been seeking the maximum salary for his client, which would likely entail at least $66MM over four years, but Rubio would take $58MM, Wolfson says.
There’s “plenty of pessimism” surrounding the talks between Tristan Thompson and the Cavs as a gap remains in their proposals, reports Brian Windhorst of ESPN.com (via Twitter).

Earlier updates:

Ricky Rubio is more likely than not to sign an extension with the Wolves as advanced negotiations have taken place between the sides over the past few weeks, sources tell Marc Stein of ESPN.com. That echoes an earlier report from Darren Wolfson of 1500 ESPN Twin Cities, who heard from people outside the organization who believed Rubio and the team would ultimately settle on a four-year, $52MM deal.
Agent Brian Elfus has been in San Antonio negotiating with the Spurs this week, as Stein writes in the same piece, but Kawhi Leonard is nonetheless unlikely to sign an extension, Stein says, seconding a report from ESPN colleague Chris Broussard. Stein hears the Spurs prefer to take Leonard to restricted free agency next summer to maintain maximum financial flexibility. Adrian Wojnarowski of Yahoo! Sports wrote earlier this week that the Spurs were reluctant to give Leonard the maximum salary he’s seeking.
Talks are continuing between the Warriors and Klay Thompson and the Cavs and Tristan Thompson, Stein reports.
Brandon Knight and Norris Cole appear unlikely to receive extensions, according to Stein, though talks are still going on between the Bucks and Knight’s agent, Arn Tellem, a source tells Charles F. Gardner of the Milwaukee Journal Sentinel. Stein seconds earlier reports indicating that Jimmy Butler, Reggie Jackson and Iman Shumpert also seem unlikely to sign extensions.
The Bulls are going to have to increase their offer to Butler to entice him to sign, tweets K.C. Johnson of the Chicago Tribune. It’s unclear what the Bulls have on the table, but as of a week ago the sides were “millions apart,” as Johnson wrote then.

And-Ones: Nets, Kidd, Gray, Gomes

October 28th, 2014 at 10:55pm CST by Zachary Links

A year after the blockbuster trade that sent Kevin Garnett, Jason Terry, and Paul Pierce to the Nets, the deal doesn’t look so good for Brooklyn, writes Tim Bontemps of the New York Post. Bontemps points out many of the key players in that deal are no longer on the team. Pierce left the team this offseason to sign with Wizards, while Terry was traded during the middle of last season for Marcus Thornton. More from around basketball..

If he’ll sign one, Wolves guard Ricky Rubio will top the four-year, $48MM extension that Kemba Walker agreed to earlier today, Darren Wolfson of 1500 ESPN tweets.
Jason Kidd admits it’s a completely different situation coaching the young, inexperienced Bucks this season compared to the veteran driven Nets, writes Andrew Wagner of the Star Tribune. “Here, we can show them but we also have to teach them and show them again exactly the different options because it’s all new to them,” Kidd said. “It takes time, but it’s been fun to see their growth.”
The decision to waive Aaron Gray was both clear-cut and wrenching for the Pistons, writes Keith Langlois of NBA.com. Gray’s medical situation coupled with the presence of Joel Anthony made him an obvious choice to go, but he was in the best shape of his career this offseason and Stan Van Gundy was excited to see what he could do.
Ryan Gomes has decided to leave Spanish club Baskonia, also known as Laboral Kuxta, over a lack of playing time, according to David Pick of Basketball Insiders. Gomes, 32, made the Thunder’s opening night roster last season. Former Pacers guard Orlando Johnson could be the next to bolt and DJ White‘s one-month contract with the club will expire next week.

Chris Crouse contributed to this post.

Western Notes: Thompson, Rubio, Mekel, Taylor

October 28th, 2014 at 1:05pm CST by Chuck Myron

Cory Joseph is the quintessential player from outside the U.S., at least according to the NBA’s annual survey of international players on opening-night rosters. He is a member of the Spurs, who lead the league with nine non-U.S. players, and he’s from Canada, the non-U.S. nation that has produced the most NBA players currently in the league. It’s the third straight year that San Antonio has led the NBA in this regard, and it seems to be working, since the Spurs went to the Finals the first two times. Here’s more from around the Western Conference:

Kings big man Jason Thompson is drawing trade interest from around the league thanks to the league’s rising salary cap, as Grantland’s Zach Lowe writes amid his season preview. More available spending money around the league makes Thompson’s contract, which will pay him nearly $15.119MM in guaranteed salary through 2016/17, less burdensome for teams.
Sources from outside the Timberwolves believe Ricky Rubio and the team will ultimately settle on an extension worth four years and $52MM by Friday’s deadline, as they tell Darren Wolfson of 1500 ESPN Twin Cities (Twitter link). The team has apparently offered four years and $48MM, while agent Dan Fegan has reportedly asked for the max.
Gal Mekel says that the Mavs haven’t told him whether or not they’re going to waive him, though he’s cognizant of the reports have the Mavericks set to release him so they can sign J.J. Barea instead, observes Eddie Sefko of the Dallas Morning News. “It’s weird,” Mekel said. “I hear everything. But I want to concentrate on this game. I had a great preseason and showed everybody that I can help this team. I got very good feedback from the coaching staff. I know it’s weird right now and there is a chance I will find myself in another place in two days. But as long as I am here, I’m going to help the team.”
Wolves owner and chairman of the Board of Governors Glen Taylor has publicly talked about selling the team in the past, and he said Monday that he eventually plans to do so, notes Nate Gotlieb of the Mankato Free Press.

And-Ones: Roberts, Spurs, Vucevic, Rubio

October 21st, 2014 at 9:45pm CST by Alex Lee

After his sit down with Michele Roberts, Tim Bontemps of the New York Post doesn’t get the feeling that the new NBPA head is on board with the idea of a gradual increase in the salary cap starting in 2016 (Twitter links). The alternative is to allow the cap to jump up after the 2015/16 season — Bontemps estimates a spike to over $90MM — due to the injection of the money from the league’s new TV deal. That increase, of course, could coincide with the free agency of superstar Kevin Durant.

Let’s take a look at what else is going on around the league on Tuesday:

It would be shocking if any of Bryce Cotton, Josh Davis or JaMychal Green were to end up on the Spurs’ final roster, writes Jeff McDonald of the San Antonio Express-News. Cotton, Davis and Green all have partially guaranteed deals, but as our Expanded Roster Counts show, the Spurs already have 15 fully guaranteed contracts on the books.
A strong showing in 2014/15 would have likely netted Nikola Vucevic a more lucrative deal next summer than the one he agreed to earlier tonight, according to Grantland’s Zach Lowe. However, Lowe believes Vucevic’s shortcomings on the defensive end add risk for the Magic while also conceding the deal should be a fair one considering the rising cap (Twitter links).
Ben Golliver of Sports Illustrated, also pointing to the increasing salary cap, writes that Vucevic’s extension compares favorably to the four-year, $48MM deal Utah’s Derrick Favors inked last October. Golliver adds that the pact eliminates any chance of a bidding war over Vucevic for the Magic next summer which could have resulted in an overpay.
Darren Wolfson of 1500 ESPN Twin Cities expects Timberwolves owner Glen Taylor to soon become more involved in extension talks for point guard Ricky Rubio (via Twitter). The Wolves reportedly upped their offer to four years, $48MM shortly after we heard that Rubio and Taylor had spoken several times on the phone. Wolfson, who speculates that a total offer of $52-54MM might do it, adds that Taylor’s loyalty to Rubio could “change the dynamic” of the talks (Twitter links here).

Extension Rumors: Leonard, Thompson, Cole

October 17th, 2014 at 11:24am CST by Chuck Myron

The deadline for teams to sign rookie scale extensions with their eligible players is two weeks from today, and while only six players came to deals last time around, that number has the potential to be much larger this year, notes Marc Stein of ESPN.com. Stein has more on many of those extension hopefuls that adds to the storylines we’ve been following throughout the offseason:

Kawhi Leonard, Tristan Thompson, and Norris Cole are among the players who are in active negotiations with their respective teams about rookie scale extensions, Stein reports. Klay Thompson, Ricky Rubio, Kemba Walker, Jimmy Butler, Reggie Jackson, Brandon Knight, Nikola Vucevic, Tobias Harris, Enes Kanter and Alec Burks are also in active extension talks, according to Stein, who advances earlier reports that all of them had engaged in talks.
Iman Shumpert and the Knicks are also discussing an extension, Stein writes, countering a report from a few weeks ago that indicated that the sides hadn’t engaged in talks and that New York was content to let the swingman hit restricted free agency next summer.
Klay Thompson’s camp is considering the idea of going after an offer sheet similar to the one the Mavs gave Chandler Parsons if Thompson and the Warriors don’t come to an extension this month, Stein hears. Parsons’ near-max deal runs three years and includes a player option and a 15% trade kicker. Rival GMs have expressed admiration for its structure and Rockets GM Daryl Morey pointed to the difficulty that trading such a contract would entail shortly after he decided against matching it. The player option would allow Thompson to hit unrestricted free agency in the summer of 2017, which is when Stephen Curry‘s deal is set to end, as Stein points out.
The Lakers have attempted to trade for Thompson in the past, Stein notes, though he doesn’t make any suggestion that they’re planning an aggressive push for the shooting guard if he becomes a restricted free agent next summer.

Latest On Ricky Rubio

October 6th, 2014 at 4:44pm CST by Chuck Myron

The Wolves appear to have upped their offer to Ricky Rubio, as Sean Deveney of The Sporting News hears their best proposal involved four years at around $48MM. The sides are still far apart, and Minnesota has no intention to pay the max, Deveney writes. Rubio’s agent, Dan Fegan, has reportedly asked for a five-year max deal, which would likely come in at around $85MM, while the team had apparently been seeking a four-year arrangement for around $43MM. Rubio, who turns 24 this month, and Wolves owner Glen Taylor reportedly spoke several times the week before camp and expressed mutual interest in reaching a deal on an extension, but it seems there’s still much ground to cover.

One of the primary points of debate has involved the length of the deal, as the Timberwolves seem to be insistent on a four-year arrangement. That would allow the club to save the Designated Player title for Andrew Wiggins, while five years for Rubio would mean the club would be unable to sign Wiggins to a five-year extension when he becomes eligible in 2017 if Rubio is still on the team.

The Wolves have until October 31st to strike a deal and keep Rubio out of restricted free agency next summer, and the decision is critical for the team, as Charlie Adams of Hoops Rumors examined when he looked at the former fifth overall pick as an extension candidate. Still, the Wolves would have the power to match offers next summer if they decline to do an extension. Depending on whether others ink extensions, Rajon Rondo, Kemba Walker, Reggie Jackson and Brandon Knight loom as ample competition on the market for free agent point guards in 2015.

Northwest Notes: Arthur, Blazers, Wolves

October 4th, 2014 at 2:31pm CST by Eddie Scarito

When asked if he’d like to remain with the Nuggets past this season, Darrell Arthur said, “Oh yeah, for sure. My family loves it here. My mom was just up here for a couple of weeks and she just loves it – loves the atmosphere, loves the people here. I love the organization, everything. It’s a family organization, they welcome you with open arms. I definitely would like this to be home,” Christopher Dempsey of the Denver Post relays. Arthur is in the final season of his contract and will become an unrestricted free agent next summer.

Here’s more from the west:

NBA TV’s Steve Smith was in Portland covering the Blazers training camp and discussed the contract situations of LaMarcus Aldridge, Wesley Matthews, and Robin Lopez. All three players are in the final year of their respective deals and Smith was asked if it would become a distraction and he said, “LaMarcus being the main one. I can’t speak for him, but I think he’ll be the easiest one to figure out. He’ll be all right. I think Wesley Matthews and Robin Lopez, financially — I’m not saying they’re not set, we all are, we play in the NBA — but LaMarcus is going to get the max. Now with those other two guys, you have to balance sacrificing for the team and making as much money possible in your career. I think this contract is … the big one for those guys.”
Smith also discussed the offseason additions of Steve Blake and Chris Kaman, saying, “It’s funny. Sometimes you look at moves — and, like you said, they’re not huge as far as names that go across the entire association — but Steve Blake is one of those veterans that just fits well with this team. You can tell just by watching practice. And he makes home here in Portland. So you have a guy who’s comfortable. He’s played here, what, three times? Chris Kaman, if you want to draw up a Portland Trail Blazer, it’s Chris Kaman. He just looks like he belongs. (laughs) And also, I think the pressure is off him. He can come in and be himself.“
Ricky Rubio believes that the departure of Kevin Love to the Cavs will be good for both Love and the Wolves, Jeff Caplan of NBA.com writes. “Of course we had a lot going on last year and the media was talking, they were wondering if Kevin wanted to be here, blah, blah, blah, and that hurt the team and hurt himself,” Rubio said. “Now that he’s not here, the media’s not going to talk about that anymore. I think that’s going to be good for him and for us.”

Northwest Notes: Jackson, Aldridge, Rubio

September 30th, 2014 at 9:01am CST by Chuck Myron

Reggie Jackson‘s continued insistence on starting for the Thunder complicates the notion of an extension for the fourth-year guard, as The Oklahoman’s Anthony Slater examines, writing that a deal before the October 31st deadline would be “surprising.” Still, Kevin Durant tells Sam Amick of USA Today that Jackson loves the organization and believes that “it’s going to all work out,” as a report this weekend indicated that the Oklahoma City front office is enamored with Jackson. While we wait to see what happens as the Thunder face an extension deadline with a talented sixth man for the second time in three years, here’s more from around the Northwest Division:

LaMarcus Aldridge repeated his intention to re-sign with the Blazers in the summer while pointing out that it doesn’t make financial sense for him to sign an extension, as he told reporters, including Kerry Eggers of the Portland Tribune.
Ricky Rubio indicated to reporters Monday that he believes extension talks are affecting his ability to perform on the court, notes Jon Krawczynski of The Associated Press. Still, Wolves coach/executive Flip Saunders doesn’t think they’re hurting his game, Krawczynski adds. Rubio and Wolves owner Glen Taylor reportedly spoke several times by phone last week.
There’s “no way” Kenneth Faried ends up with a max extension from the Nuggets, writes Chris Dempsey of The Denver Post, who speculates that $12MM annual salaries would fit the bill for the power forward.