Here’s the Minneapolis Star Tribune reporting on flashy Timberwolves point guard Ricky Rubio:

Rubio’s representatives and Flip Saunders, the Wolves president of basketball operations, can begin July 1 discussions on a contract extension of the rookie deal he signed in May 2011.

The two sides have until the end of October to reach an agreement, otherwise Rubio will play next season under his current contract and become a restricted free agent in July 2015. That’s the same time teammate Kevin Love will opt out of his contract and become an unrestricted free agent.

Expect Rubio’s side to push for a contract closer to a maximum salary than the four-year, $44 million extension Golden State’s Stephen Curry received, which the Wolves just might view as beyond their limits.

“No, it’s something I’m not worried about,” Rubio said Wednesday. “It’s something my agent is going to talk with Flip. It’s something I don’t have to be worried. I just worry about playing. I just want to have it being on a team that’s winning and I think this team is growing up and we can do it and I want to play in a playoff, you know?”