Ricky Rubio has not yet officially announced his retirement from professional ball. At 33 years old, he ended a complicated season after his return to FC Barcelona, where the team performed much worse than expected, which led to the replacement of its coach, Roger Grimau. This situation caused significant changes in the outfit and motivated the club to consider a restructuring of the crew.
It is a fact that Rubio will not continue at Barça and currently meets without a team. Youth, when he debuted in the ACB at 14 years old, was mentioned as a possible destiny, but the player stated that he has not had success in concrete. With the start of the new season acercándose, many hope that the base announces its retirement.
On the other hand, an unusual event occurred related to the termination of the contract with the Cleveland Cavaliers. On January 4, a payment of 1.27 million euros was agreed upon, which has not yet been realized by the club. After the 2023 NBA collective meeting, the Cavs must pay this amount in this entire year, but a new regulation allows them to split the payment into three years.
This mechanism, known as 'delayed stretch' (dead money), allows the French to divide the contract termination payments, which means that the Cavaliers will pay the amount owed to Rubio in three places of approximately 425,000 euros each.
With this, Rubio and the Cavaliers become the first to use this new formula in the NBA. This decision also provides the team with additional financial leeway, as you are close to approaching the luxury debt limit and you also have Isaac Okoro without an official transfer debt.
In addition, the mental health problems that Rubio encountered influenced his decision to terminate his contract, losing 5.4 million euros of his salary from the previous season. The result was an official cost of 3.7 million euros for the club. The amount of 1.27 million euros agreed in black will be paid in three years, which gives Rubio a place in the history of the estadounidense basketball, even for extra-sports reasons. Now, the basketball entourage is the expectation that the player defines his future or, if applicable, announces his retirement.