Ricky Rubio, NBA
(File/Getty Images)

Former No. 5 overall pick reportedly on the NBA trade block ahead of free agency

There should be a market for him.

The Minnesota Timberwolves might not be done making offseason moves after acquiring all-star Jimmy Butler.

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ESPN's Marc Stein reported that the Wolves are trying to trade point guard Ricky Rubio to acquire more perimeter shooting.

Related: 3-time All-Star Jimmy Butler traded in blockbuster NBA Draft deal

Rubio has three years left on his deal, and he will make just over $14 million next season. He will earn just under $15 million in the 2018-19 season.

Even after acquiring Butler, the Wolves would have some flexibility with their cap space if they can move Rubio. Karl-Anthony Towns and Andrew Wiggins are still on rookie contracts, so they could potentially add a top free agent to go along with their three stars.

Rubio averaged 11 points and nine assists per game last season, but he is only a 31.5 percent shooter from 3-point range for his career. He was the No. 5 overall pick of the 2009 NBA Draft when the Wolves famously took two point guards—they took Jonny Flynn at No. 6—before Steph Curry was selected No. 7 overall.

If the Wolves are planning to acquire a point guard who can shoot better than Rubio, they could target free agent George Hill, though Hill will likely seek a max contract.

The Wolves will have options if they can move Rubio or center Nikola Pekovic, but they should be a much improved team next season regardless.