Source: Rubio does not have deal with Barcelona
The Spanish newspaper
"He has not agreed to any deal," the source said.
While the 18-year-old point guard is believed to be negotiating with multiple European teams, his first choice remains playing in the NBA this season. However, Rubio's buyout with DKV Joventut -- believed to be $4.9 million, only $500,000 of which can be paid by the Timberwolves -- has made negotiations difficult. If Rubio were to pay $4.4 million for his release, he effectively would be playing his first two seasons in the NBA for free. According to sources, Rubio's U.S. representatitve, Dan Fegan, and Joventut have made progress on reducing the buyout, but no deal is close.
Further, there is a belief in NBA circles that Barcelona put out that it had reached a deal with Rubio in an effort to pressure Joventut to agree to a buyout.