T-Wolves Sign Ricky Rubio To 4-Year, $55 Million Extension

by November 01, 2014

Ricky Rubio and the Timberwolves agreed to a four-year, $55 million extension on Friday. Despite Rubio’s offensive deficiencies, Minnesota obviously sees their point guard as a key part of their future. Per Yahoo:

Ricky Rubio has reached an agreement on a four-year, $55 million contract extension with the Minnesota Timberwolves, league sources told Yahoo Sports.


The contract includes $1 million in possible incentives, a source said.


Rubio, 24, will make nearly $14 million a season for the Wolves, a package comparable to Eric Bledsoe’s five-year, $70 million extension with the Phoenix Suns.


“I am really thrilled,” Rubio wrote in an email to Yahoo Sports. “I couldn’t be happier. They showed they believe in me and I’m up for the challenge. I want to lead this young team.”