Jimmy Butler‘s new two-year contract extension with the Warriors became official last Thursday as part of the trade that sent him from Miami to Golden State, per RealGM’s transaction log. That deal, which replaces Butler’s player option for 2025/26, projects to be worth $54,126,450 next season and $56,832,773 in 2026/27.
Those figures hinge on a presumed 10% salary cap increase for the ’25/26 season. Butler’s deal will start at 35% of the cap, with a 5% raise for the second year. Based on the maximum possible cap increase, which is anticipated, that would work out to a two-year total of $110,959,223 for the newest Warrior.
Meanwhile, Hoops Rumors has learned that Quinten Post‘s new standard two-year contract is a minimum-salary contract that includes a team option for 2025/26. The Warriors will have the ability to either exercise that $1.96MM for next season or turn it down in the hopes of signing the big man to a longer-term contract as a restricted free agent.
Here are a few more updates on recently signed contracts from around the NBA:
- Ajay Mitchell‘s new two-year, $6MM contract with the Thunder includes a guaranteed $3MM for the rest of this season, which comes out of Oklahoma City’s room exception. It also features a $3MM team option for 2025/26, which means – like Golden State with Post – Oklahoma City could decline the option in order to sign Mitchell to a longer-term deal as a restricted free agent this summer.
- Torrey Craig‘s new contract with the Celtics is a one-year, minimum-salary deal, Hoops Rumors has learned, so the veteran wing will be back on the unrestricted free agent market during the coming offseason.
- While Branden Carlson (Thunder), Orlando Robinson (Raptors), and Jordan Goodwin (Lakers) signed two-way contracts that will expire at season’s end, Ethan Thompson‘s new two-way deal with the Magic covers two years, so Orlando will have the option of keeping him on that contract through the 2025/26 season, Hoops Rumors has learned.
You can scratch the 10 percent deal. It’s been 3.4 to 3.6 increase the last 3 years.
10 percent is about a 250 percent increase.
Never going to see it.
Butler took a huge pay cut in all cases. A no state tax Florida to California is a massive hit.
Why Durant didn’t want to go back.
Picking a couple bucks over a ring? Yikes.
No rings in Miami. Get real.
Talking KD to GSW lil bro
Gs and the Heat are relatively similar, with Jimmy…He’s going to he amazing there by the way; he’s basically what everyone always hoped/wishes Wiggins would be, that hopefully the Heat will make him into…
The cap went up by 10% in 2022 and 10% in 2023, then 3.3% in 2024. With all the new TV money starting to come in, seems pretty likely to be 10% again in 2025.
It is going up 10 percent. Cap from $140.58M this season to $155M+ next season. Luxury tax line is $171M, going to $188M next season. More cap flexibility next year.
I think he’ll survive even with the state tax. He probably spends more in the month that me and you spend in two years.
I guess you haven’t heard of Tax Attorneys or Financial Advisors. People in Butlers tax bracket have them.
You pay taxes in every state. Politicians just hide the sources. They say squirrel.
If it was such a struggle to live in the Bay Area, Curry would not own two homes. One of them is massive. I’m surprised at the location of one of them. It is in an odd place.
You’re funny.
Got excited for tonight’s Bucks/Warriors matchup, then I saw the injury report…no Giannis, Dame, Steph or Kuminga? Silver lining: Jimmy gets to fully show out on offense!
Fun fact: Jimmy has no 40+ point games since January 25 2017. He had 5 40+ games that season, including 52. Jimmy has since had a bunch of 39’s and high 30s, but no 40+ games. Been a while! Might be time to punch one in soon…
40-point games are great, but wins are what matters.
Ok scratch all that, everyone but Giannis is playing now. Guess we can wait on the Jimmy big points game….maybe…
He has like 8 in the playoffs
Post had 18 against us on Saturday night. Somehow Vu made an 2nd round pick look the next coming of Sengun. He should be getting 25-30 minutes instead of Looney TJD. Rebounding needs an uptick though.
raz , and that wasn’t the first time Vu got outplayed by Post.
With 3 non-shooters in Butler, Kuminga & Green, a stretch C is badly needed.
Unclear how much more Post can develop. Skilled, high IQ, but has slow feet and needs to get a lot stronger.
That Butler extension was the dumbest move this off season…
Care to detail why it is a bad move.
It’s Jimmy Butler being paired with Draymond Green…
Both are injury prone hot heads that need shooters around them be effective… As neither is a threat from deep…
Steph is talented but not that talented… This is wasting 2 if his final years…
Try watching the Bulls game. Draymond and Butler connected on lob-and-one that Green was initially really reluctant to do. But, it what both of them do incredibly well. It brought energy to the team that hadn’t seen in awhile. I’m sure there’ll be a lot more of those plays.
One game or one pass make no difference…
He’ll be sulking again soon enough…
Your knowledge of the Warriors is limited. The pass shows a developing chemistry. Draymond makes players better. He is letting Butler know where he needs to be on the floor. Poole could not handle that. He thought he was a legendary. Butler appreciates that.
Why he only got an extra year ….
How many more years does Steph have?
Any season spent with Butler’s black hole of a contract on it is a wasted season…
And that’s why you aren’t an NBA GM. You haven’t a clue.
Shams said the extension was 2/120.
Shams was wrong.
I doubt it.
@aristotle Post’s footwork is fantastic on offense, he just has to understand NBA defense better, which takes time. Acting like a rookie cannot improve is nasty work, take that back lol
Warriors basically turned Klay and Wiggins into Butler. Unbelievable coup! Go Warriors!!