Former NBA forward Ira Newble has signed a contract with Bnei Hasharon, which is in third place in the Israeli League.

Newble was released by the SuperSonics after being traded from the Cavaliers last season, and was on the active roster of the Lakers for the NBA Finals.

There are rumors, according to Sports Illustrated, that Ricky Rubio could be moved for cash to a wealthier European club because current employer DKV Joventut of Spain is in trouble financially.

Two insiders have shot down the rumors, suggesting that Rubio will remain with Joventut for the rest of the year.