Report: Wolves willing to extend Ricky Rubio for 4 years, $42 million

Ricky Rubio is eligible for an extension.  (USATSI)
Ricky Rubio is eligible for an extension. (USATSI)

The Minnesota Timberwolves are willing to pay Ricky Rubio $42 million for four years, but his agents want the max and believe he can get more than what the Wolves are offering on the open market, per 1500ESPN's Darren Wolfson:

CBSSports.com's Zach Harper covered the Rubio dilemma in detail and a report earlier this week indicated that the two sides were "a good distance apart." Now it looks like we can see how much separates them.

There's an argument to be made that, if Rubio can get over $10 million a season, he should just extend before the Oct. 31 deadline. There are more talented point guards than ever, and it's not as if Rubio will be the only starting-caliber free agent point guard on the market next summer. Rajon Rondo, Kemba Walker, Reggie Jackson, Patrick Beverley, Brandon Knight and Jeremy Lin will all be available, barring extensions. Rubio is a valuable player, obviously, but it's not hard to imagine him winding up in an Eric Bledsoe-like situation a year from now. 

On the other hand, you can see where his agents are coming from. Playing out the season is a risk, but Rubio's price tag will go up if he has a better offensive season under Flip Saunders. It's also understandable that they'd want him to explore going to a huge market like Los Angeles and New York as a restricted free agent, given that those teams will have cap space.

CBS Sports Writer

James Herbert is somewhat fond of basketball, feature writing and understatements. A former season-ticket holder for the expansion Toronto Raptors, Herbert does not think the NBA was better back in the... Full Bio

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