It's official: Ricky Rubio is joining the Minnesota Timberwolves.

The 20-year-old Spanish guard ended two years of speculation on Friday when he said, "I have finally decided to start the journey" to the NBA.

"This is a day our organization and our fans have been eagerly awaiting from the moment we drafted him, and I couldn't be more pleased to welcome Ricky to Minnesota," said David Kahn, Timberwolves president of basketball operations. "Ricky's skill set and feel for the game have made him one of the best young players in Europe for six years now, and at age 20 he's still a young player with a lot of upside. I expect Ricky to enjoy a long and successful career here in Minnesota."
 
The Timberwolves selected Rubio with the No. 5 pick in the 2009 draft, but his $6 million buyout clause made him stay in Spain until the priced dropped to a more manageable $1.4 million.