Rubio's Transfer Would Be Richest In Spanish History

Marca.com is reporting that Regal Barcelona is in the process of buying Ricky Rubio's contract from DKV Joventut for 3.7M Euros. If the deal is completed, it will be the most expensive transfer in Spanish basketball history.

As part of a new six-year deal with Barcelona, Rubio will have the right to leave for the NBA after the second season, which suggests the No. 5 overall pick of the Timberwolves will play the next two seasons in Europe. The buyout would likely fall within the $500,000 cap set by the NBA.

Via Newsday

Minnesota Timberwolves, Euroleague Basketball

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Tyler Signs With Maccabi Haifa

Jeremy Tyler signed a one-year, $140,000 contract with Maccabi Haifa of the Israeli Premier League on Wednesday.

Tyler, 18, is the first American-born player to leave high school early to play professional basketball overseas.

"I think I made the right decision," Tyler told The Associated Press on Wednesday evening. "I think this team is a good fit for me and it's the right country."

Via Seattle Times

Euroleague Basketball

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Von Wafer Signs With Olympiakos

Von Wafer has been signed by Olympiakos to a $5 million contract over two years.

Wafer emerged as one of the Houston's best wing players off the bench after moving around the NBA.

Via InterBasket.net

Euroleague Basketball, Houston Rockets

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