Minnesota Businesses Offer 4 Million Euros Towards Ricky Rubio's Buyout

Ticket BoyContributor IJuly 22, 2009

BEIJING - AUGUST 24:  Ricky Rubio #6 of Spain reacts after the United States won 118-107 in the gold medal game during Day 16 of the Beijing 2008 Olympic Games at the Beijing Olympic Basketball Gymnasium on August 24, 2008 in Beijing, China.  (Photo by Phil Walter/Getty Images)

I have gathered all of these facts from CanisHoopus.com, and these facts are the sole possession of said website.


Reports coming in from Spain say that David Kahn and Dan Fegan have presented the largest buyout so far to DKV Joventut. It is worth about 6 million dollers or 4 million Euros. The money has come from small businesses based in Minnesota.

For those of you not familiar with the buyout trouble that was keeping Rubio from coming to Minnesota, I will restate the facts that are currently known. First, Rubio was expected to go in amongst the top three in the Draft, and the furthest he would have dropped according to sources, was the number 4 pick. If he had been picked i the top four he would gotten enough money to pay the buyout and still have some money left over.

But, fortunatly or unfortuantly, he fell to the number 5 pick, and the Minnesota Timberwolves snagged him up. Now the money he would have earned if he was a top three pick is less than the money he will be earning as a  number 5 pick. This amount of money will not be able to pay off the buyout, and the Timberwolves can only offer $500,000 to DKV Joventut.

The second problem that arose was that Ricky Rubio did not want to play for the Timberwolves, because it was a small market team. More than likely, Rubio did not care much about the market, but those sneaky, manipulative agents that each player has can make you believe whatever they want you to believe.

Now as time has gone by, we have learned that Ricky Rubio doesn't mind playing in Minnesota, and the only thing preventing him from coming here is hi pesky buyout. Maybe this is also a ploy by his agent Dan Fegan to make Rubio look good, who knows, but for now if the buyout gets resolved, he will be packing a very big winter coat in the suitcase he brings to the USA.

Well, the second problem got resolved now its about the first one, well it appears that has also been figured out. Word out of CanisHoopus.com is that busnesse from minnesota have put together 4 million euros, the equivelant of about 6 million dollers. If this money goes to DKV Joventut, Rubio will probably be obliged to endorse the company that is paying for his $6.6 million ticket to the United States of America.

Look for Rubio to start for the Timberwolves this year if the reports are true.