Ricky Rubio rumors: Rubio in for a big raise

Mar 20, 2014; Houston, TX, USA; Minnesota Timberwolves guard Ricky Rubio (9) reacts to a play during the third quarter against the Houston Rockets at Toyota Center. Mandatory Credit: Andrew Richardson-USA TODAY Sports
Mar 20, 2014; Houston, TX, USA; Minnesota Timberwolves guard Ricky Rubio (9) reacts to a play during the third quarter against the Houston Rockets at Toyota Center. Mandatory Credit: Andrew Richardson-USA TODAY Sports /
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The Minnesota Timberwolves have until October 31 to work out a deal with point guard Ricky Rubio or he will become a restricted free agent.

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According to Charley Waters of The St. Paul Pioneer Press, the Timberwolves are progressing in talks with Rubio and he is in for a huge raise.

"Contract talks that could make Ricky Rubio the second-highest-paid Timberwolves player will take place in person this week, and both the 23-year-old point guard and the Wolves seem ready to make a deal.Rubio and Wolves owner Glen Taylor spoke several times by telephone last week, with each expressing hope a contract extension can get done soon.Rubio is to be paid $5.08 million this season. A new deal, expected to be for four years, could be worth $11 million annually. Center Nikola Pekovic is the highest-paid Wolves player at $12.1 million a ye"

Whether or not Rubio deserves that kind of money has been quite the debate because of his poor shooting but the Timberwolves likely figure they can’t afford to lose Rubio after trading Kevin Love.

Rubio put up 9.5 points, 8.6 assists, 4.2 rebounds and 2.3 steals per game while shooting 38.1% from the floor, 33.1% from beyond the arc and 80.2% from the free throw line last season. Rubio was originally selected by the Timberwolves with the fifth-overall selection in the first round of the 2009 NBA Draft. Rubio came over from Spain to join the Timberwolves for the 2011-2012 season. In his career, he’s averaged 10.1 points, 8.1 assists, 4.1 rebounds and 2.3 steals per game while shooting 36.8% from the floor, 32.3% from three and 80.1% from the charity stripe.

Be sure to check FanSided’s official NBA page to keep up to date on the latest news and rumors from around the league as we get you ready for the start of the 2014-2015 season.

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