Kahn denies report Rubio going to Regal Barcelona

Timberwolves President of Basketball Operations David Kahn denied a Spanish report that Ricky Rubio is set to sign a six-year deal with Regal Barcelona that will include a buyout clause that could bring him to the NBA and the Timberwolves in 2011.

"Based on the information I have attained today, no team in any league has reached a deal with DKV Joventut concerning Ricky's buyout, which must be accomplished before Ricky is released from his contract," Kahn said in a statement Wednesday.

The report came from Spanish media outlet Marca. If it comes to pass, Rubio's transfer from DKV Joventut to Barcelona would be the most expensive buyout ($5.3 million) in European basketball history.