Via RealGM:
Ricky Rubio, the 5th pick of the Minnesota Timberwolves in this year’s draft, has agreed to terms on a contract with Regal Barcelona.
The Spanish team will pay a buyout of 3.7 million Euros, approximately $5.3 million, to Rubio’s previous team, Joventut.
Rubio will sign a six-year agreement that contains an affordable buyout in 2011.
UPDATE: There is no deal done with Regal Barcelona for Ricky Rubio, a source with direct knowledge tells Y! Sports.
