Trade Rumors: Butler, Rubio, Cavaliers

Jimmy Butler continues to be very much in demand, according to a post from Ian Begley on ESPN Now. Executives from other teams believe the Timberwolves are offering the seventh pick in tonight’s draft as part of a package to get the Bulls to re-open trade talks. Minnesota coach/executive Tom Thibodeau coached Butler in Chicago and is eager for a reunion. The Cavaliers made an unsuccessful offer for Butler, and sources relayed to ESPN.com’s Marc Stein that Butler’s preference is to stay with the Bulls. The Timberwolves are also talking to the Pacers about Paul George, Adrian Wojnarowski of The Vertical tweets.

There are more trade rumors as the draft draws nearer:

  • The Wolves are once again trying to find takers for Ricky Rubio, tweets Adrian Wojnarowski of The Vertical. Earlier reports identified the Mavericks and Knicks as teams that might have interest in the sixth-year point guard, who still has two seasons and more than $29MM left on his contract.
  • The Cavaliers are in a “holding pattern” as they await progress on several proposed trades, according to Sam Amico of AmicoHoops (Twitter link). Cleveland’s problem is a shortage of tradable assets and what insiders are describing as a “flooded market” (Twitter link).
  • Cleveland is finding that no one wants to take on the hefty contracts of Iman Shumpert, J.R. Smith or Tristan Thompson, Amico adds (Twitter link). Shumpert has two years left on his deal at a combined $21.3MM. Smith re-signed last summer and is owed more than $44MM over the next three seasons. Thompson has three years remaining at more than $52.4MM.
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