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Rubio agrees to four-year, $55 million extension with Timberwolves

The Timberwolves on Friday evening reached agreement with point guard Ricky Rubio on a four-year contract extension that will guarantee him at least $55 million, according to two people with knowledge of the negotiations. The agreement will keep Rubio from becoming a restricted free agent, which would have happened if the two sides did not reach a deal by 11 p.m. Friday night. Rubio also could earn an additional $1 million if he reaches certain incentive clauses. (c)2014 Star Tribune (Minneapolis) Visit the Star Tribune (Minneapolis) at Distributed by MCT Information Services

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