Marca.com is reporting that Regal Barcelona is in the process of buying Ricky Rubio's contract from DKV Joventut for 3.7M Euros.  If the deal is completed, it will be the most expensive transfer in Spanish basketball history.

As part of a new six-year deal with Barcelona, Rubio will have the right to leave for the NBA after the second season, which suggests the No. 5 overall pick of the Timberwolves will play the next two seasons in Europe. The buyout would likely fall within the $500,000 cap set by the NBA.

Former Florida Gators star Taureen Green has signed a deal with AEK in Greece.

Green played with CAI Zaragoza in Spain last season, averaging 10.3 points, 2.3 rebounds and 2.0 assists per game.

He was the 52nd overall pick by Portland in the 2007 NBA Draft.

Tarence Kinsey has signed a two-year deal with Fenerbahce in Turkey.

According to Sportando, the contract has an option for a third season.

Kinsey spent last season with the Cavaliers.

Jeremy Tyler is the youngest foreign player ever to play in the Israeli League.

"I'm very excited to have signed with Maccabi Haifa. I am looking forward to starting my professional basketball career in Israel and helping this team advance to the Final Four," Tyler told Sportando.

Tyler averaged 28.7 points during his junior year at San Diego High.

"Tyler's size and natural talent will present matchup problems in our favor against other teams in Israel," said Coach Avi Ashkenazi. "We know Tyler is hungry to prove himself on the court. We look forward to him developing over the course of the season and improving our team."

Armani Jeans Milano has announced the signing of forward Alex Acker.

Acker finished last season with the Clippers, averaging 3.5 points and 1.2 rebounds per game in 12 appearances.

He already has experience playing in Europe.

Cedric Simmons will soon be announced as the newest player for Peristeri in Greece.

Simmons was taken by the Hornets with the 15th pick in the 2006 NBA Draft. He has appeared in 75 NBA games with the Bulls, Cavaliers and Kings.

German League guard Lavelle Felton has died from a gunshot wound suffered while sitting in his car at a Milwaukee gas station.

The incident took place early Wednesday morning.

Felton, a Milwaukee native, played for Paderborn last season in Germany's top league, Bundesliga.

"Lavelle was a people person," Ken McLean, the guard's stepfather said Friday. "When you see Lavelle, Lavelle made your day better because he always had something nice to say, always had a smile on his face and he was a person who was living his dream."

No arrests have been made in the case.

Jeremy Tyler signed a one-year, $140,000 contract with Maccabi Haifa of the Israeli Premier League on Wednesday.

Tyler, 18, is the first American-born player to leave high school early to play professional basketball overseas.

"I think I made the right decision," Tyler told The Associated Press on Wednesday evening. "I think this team is a good fit for me and it's the right country."

Von Wafer has been signed by Olympiakos to a $5 million contract over two years.

Wafer emerged as one of the Houston's best wing players off the bench after moving around the NBA.

Ira Newble plans to sign with Aris BC in Greece.

The news was delivered on a YouTube video by Los Angeles-based reporter Elie Seckbach, according to InsideHoops.

Newble last played in the NBA during the 2007-08 season for the Sonics, and he averaged 5.1 points and 2.9 rebounds per game over the course of his career.