Skip to main content

It's official: Timberwolves trade Ricky Rubio to the Utah Jazz

Utah has $16 million in cap space that needs to be used by tonight.
  • Author:
  • Updated:
    Original:

The Timberwolves have traded point guard Ricky Rubio to the Utah Jazz for a 2018 first-round pick in the NBA Draft, the team confirmed Friday evening. Utah will send one of its two picks they own to Minnesota but the pick will be lottery protected.

“We’d like to thank Ricky for his time in Minnesota over the course of the last six-plus years,” Timberwolves President of Basketball Operations and Head Coach Tom Thibodeau said in a statement. “Ricky has been a consummate professional over my time in Minnesota and has done tremendous things in the community. We appreciate all he’s done for the organization and wish him the best of luck in Utah.”

The Jazz had until midnight (July 1) to use $16 million in cap space or it wouldn't count towards their salary cap for next season. On draft night last week, Utah sent Trey Lyes to the Denver Nuggets, freeing up the space on the proviso it's used by midnight.

Tony Jones of the Salt Lake Tribune says the Wolves have mutual interest in Pacers point guard Jeff Teague while George Hill and Kyle Lowry still remain targets for Minnesota.

Jon Krawczynski of The Associated Press reports, Timberwolves owner Glen Taylor resisted trade proposals for Rubio all week, but clearly the Wolves' owner changed his mind.

Rubio is set to make $14 million in each of the next two seasons at the Timberwolves and Utah's top priority this offseason will be figuring out how to re-sign Gordon Heyward, who declined his team option.

Rubio played six seasons in Minnesota, averaging 10.3 points and 8.5 assists per game during that span.

He was the fifth overall pick in the 2009 NBA Draft, but he didn't come over to Minnesota until the 2011-12 season. The veteran was coming off a career season where he set career highs across the board.

Next Up

image

Animal Humane Society plans trailblazing new campus

Take a look inside the plans for a first-of-its-kind adoption center and animal care campus.

syphilis

Minnesota reports 'concerning level' of syphilis cases

The Minnesota Department of Health says most of the cases are being discovered in the northern part of the state.

Flickr - police lights squad siren - Edward Kimmel

Airport police intercept 5,600 fentanyl pills headed to St. Cloud

Three were arrested following a police raid in St. Cloud.

covid

Minnesota switches to weekly COVID updates

The weekly updates will be provided on Thursdays.

Screen Shot 2022-06-29 at 12.22.08 PM

Man shot inside Oakdale movie theater expected to survive

The 23-year-old victim underwent surgery and is recovering at the hospital.

monkeypox

Minnesota confirms second case of monkeypox virus

More cases are expected in the coming days and weeks, the health department says.

covid

Minnesota's COVID-19 update for Wednesday, June 29

One of the newly reported deaths was a person aged 15-19 from Yellow Medicine County.

Screen Shot 2022-06-29 at 10.19.37 AM

Drone drops bag of candy near kids fishing

A black SUV quickly left the area afterwards.

FLickr - AL Franken 2016 - Lorie Shaull

Al Franken to bring comedy tour to Minneapolis

Acme Comedy is hosting the former senator in late August.

Alabama

Alabama replaces Toby Keith as headliner at MN music festival

The Lakefront Music Festival is set to take place in Prior Lake on July 8-9.

Related

It's official: Timberwolves trade Ricky Rubio to the Utah Jazz

Utah has $16 million in cap space that needs to be used by tonight.

Rubio's traveling all the way from Spain to convince Gordon Hayward to stay put

Utah's top priority this offseason is keeping Gordon Hayward.

How does Wesley Matthews for Ricky Rubio sound?

The Mavs need a PG, while the Wolves could use some veteran presence and defense.

How does Wesley Matthews for Ricky Rubio sound?

The Mavs need a PG, while the Wolves could use some veteran presence and defense.

Rubio says Minnesotans are 'the nicest people on Earth'

Rubio told the Associated Press he'll truly miss the people of Minnesota.

Rubio says Minnesotans are 'the nicest people on Earth'

Rubio told the Associated Press he'll truly miss the people of Minnesota.

Ricky Rubio says the Wolves are heartless

Rubio and head coach Tom Thibodeau pulled no punches after their latest loss on Friday night.