| 31 August 2009
Rubio and the Minnesota Timberwolves were informed late Monday night in Spain that Rubio's former club, DKV Joventut, had agreed to trade his rights to FC Barcelona.
Rubio will be able to get out of his Barcelona contract in the summer of 2011, when the fifth pick of last June's draft will be free to join Minnesota.
The news came as a blow to Wolves general manager David Kahn, who spent the past several days in Spain negotiating with officials from DKV Joventut trying to present a worthy counter offer to the one already on the table from Barcelona for the rights to the 18-year-old point guard.
Regal of Barcelona has agreed to a six-year contract with Rubio after working out a buyout package with DKV Jovenut of Spain on Monday.
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