Ricky Rubio is the Spanish basketball maestro who has left an indelible mark on the sport of basketball. Currently, he is retired from the NBA but he still plays in his home country, Spain for the famous club FC Barcelona Bàsquet.
Born on October 21, 1990, in El Masnou, Spain, Rubio's journey to basketball stardom began at a remarkably young age. He burst onto the European basketball scene as somewhat of a prodigy by being the youngest player to debut in the Spanish Liga ACB at just 14 years and 11 months old. His remarkable ascent continued as he became the seventh youngest player ever to grace a EuroLeague game, a record that remains unbroken to this day.
In 2011, Rubio started playing in the NBA for Minnesota Timberwolves and captivated audiences with his exceptional ball-handling skills and dazzling passes. Over the course of 12 illustrious years in the NBA, Rubio showcased his elite mentality and offensive abilities while playing for the various teams including the Minnesota Timberwolves, Utah Jazz, Phoenix Suns, and Cleveland Cavaliers. Throughout his NBA career, Rubio epitomized the role of a traditional point guard, orchestrating plays with finesse and mesmerizing fans with his offensive skill set.
With 698 regular-season games under his belt, Rubio's NBA career came to a bittersweet conclusion in January 2024 when he announced his retirement from the NBA. However, his passion for the game never waned. Just a month later, in February 2024, Rubio chose to return to FC Barcelona. This decision symbolized a nostalgic return to his roots and a continuation of his illustrious legacy in European basketball.
Ricky Rubio Contract Breakdown
| Year | Base Salary | Signing Bonus | Cap Hit | Dead Cap | Yearly Cash |
| 2022-23 | $5,853,659 | - | $5,853,659 | - | $5,853,659 |
| 2023-24 | $3,695,311 | - | $3,695,311 | - | $3,695,311 |
| 2024-25 | $1,301,031 | - | $1,301,031 | - | $1,301,031 |
How much is Ricky Rubio getting paid?
Ricky Rubio is set to earn $3,695,311 for the 2023/24 NBA season. This figure is part of his three-year contract with the Cleveland Cavaliers, which was initially valued at $18,439,026 guaranteed.
However, during the 2022/23 NBA season, injuries limited Rubio to play on 33 games with 17 mins per game playtime, and more injuries caused him to miss out on the entire 2023/24 NBA season. All of these injuries led Rubio to take a decision to retire from the NBA.
This is why Rubio and his agent negotiated a contract buy-out with the Cleveland Cavaliers on January 4, 2024. As a result of this buy-out agreement, Rubio's earnings for the 2023/24 season were reduced from the original amount of $6,146,342 to $3,695,311. Similarly, his earnings for the following 2024/25 season were reduced from $4,250,000 to $1,301,031. This adjustment reflects the terms of the buy-out deal and Rubio's decision to transition to playing basketball in Europe.
How much does Ricky Rubio make in a minute?
Ricky Rubio salary for the 2023/24 season is $3,695,311. One year is known to have 525,600 minutes. If his total salary is divided by the number of minutes available in a year, then he makes around $7.03 in a minute.
Ricky Rubio Career Earnings
After the end of the 2024/25 season, Rubio would have earned approximately $131 million from his NBA career.
What are the terms of Ricky Rubio’ contract?
Ricky Rubio's contract with the Cleveland Cavaliers was originally valued at three years and $18.44 million. Now, this contract has undergone changes due to a buy-out agreement. As a result of this agreement, the terms of his contract have been adjusted, and Rubio will now earn $10.85 million instead. This adjustment reflects the mutual agreement between Rubio and the Cavaliers, with Rubio being waived from his contract.
Ricky Rubio Contract History
These are all the contracts that Ricky Rubio has signed in his career till now.
May 30, 2011
Ricky Rubio signed a two-year $7 million contract with Minnesota Timberwolves.
October 31, 2014
Rubio agreed to sign a four-year $55 million contract with the Timberwolves.
July 8, 2019
Ricky Rubio signed a three-year $51 million contract with the Phoenix Suns.
July 7, 2022
Rubio inked a three-year $18.44 million contract with Cleveland Cavaliers.
FAQ's on Ricky Rubio Contract
A. Ricky Rubio is 33 years old.
A. Ricky Rubio is retired from the NBA. He is not under any NBA contract as of February 2024. He was waived by the Cleveland Cavaliers on January 4th, 2024
A. Ricky Rubio’s net worth is estimated somewhere between $70 million to $80 million.
A. Ricky Rubio plays for FC Barcelona in the Euroleague.
A. Ricky Rubio’s height is 6 '2 " and his weight is 86 kg (190 lbs).
A. Ricky Rubio career 3-point percentage is 32.4%.
