A high-level source told Yahoo! Sports that Ricky Rubio will sign a six-year contract to remain in Spain. The contract will give Rubio the ability to join the NBA after the 2010-11 season.
Timberwolves' GM David Kahn had been pushing to facilitate a deal that would allow Rubio to join the Wolves for the upcoming season.
But on Monday, Regal of Barcelona agreed to terms with Rubio after working out a buyout of Rubio's contract with DKV Jovenut.