The Utah Jazz will acquire Minnesota Timberwolves point guard Ricky Rubio on Friday, according to league sources.
Sources said that the Wolves will trade Rubio into Utah's $16 million of expiring salary cap space for a 2018 first-round pick via the Oklahoma City Thunder. The pick is top-14 protected.
The Salt Lake Tribune was the first to report Friday that the deal was close.
ESPN has been reporting all week that the Jazz have been trying to acquire Rubio before Friday's midnight expiration of the cap space.
Rubio, 26, averaged 16.