The Sixers aren’t the only team that would be willing to give Jimmy Butler a maximum-salary extension if they could acquire him from the Heat. League sources tell Anthony Chiang of The Miami Herald that two other clubs have “made it known in league circles” that they’d also be open to trading for the star forward and then signing him to a max deal.
Butler remains under contract with the Heat for 2024/25 and holds a $52.4MM player option for ’25/26. A maximum extension would cover two years, replacing the ’25/26 option with a new $54.3MM starting salary and tacking on an extra year worth $58.6MM for ’26/27.
Heat president Pat Riley was noncommittal when asked earlier this month if the team would offer that deal, pointing out that no decision has to be made yet and hinting that Butler’s history of injury issues would make the front office wary about such a significant investment.
“It’s a big decision on our part to commit those kinds of resources, unless you have someone who is going to be available every night,” Riley said at his end-of-season press conference.
The Heat have shown no interest in moving Butler and he has shown no signs that he wants out of Miami — in fact, he has spoken multiple times about wanting to finish his career with the franchise. However, as both Chiang and Ira Winderman of The South Florida Sun Sentinel write, these rumors and leaks – which seem designed to let Butler know he has options if the Heat aren’t willing to give him the kind of deal he wants – could put added pressure on the club to address the 34-year-old’s contract situation sooner rather than later.
Here’s more on the Heat:
- Caron Butler, who has been an assistant coach on Erik Spoelstra‘s staff since 2020, has agreed to a new four-year deal to remain in that role, agent Raymond Brothers tells Adrian Wojnarowski of ESPN (Twitter link). As Chiang writes for The Miami Herald, Butler spoke last summer about having fallen in love with coaching and aspiring to become a head coach at some point down the road.
- Miami is also working on new contracts for two other top assistants, Chris Quinn and Malik Allen, with Spoelstra having expressed a desire to keep his staff intact, according to Tim Reynolds of The Associated Press (Twitter link). Quinn has been linked to several head coaching openings this spring, but wasn’t hired by Brooklyn or Charlotte and doesn’t appear to be a frontrunner in the Lakers’ or Wizards’ searches.
- In another story for The Miami Herald, Chiang takes a closer look at Caleb Martin‘s free agency, exploring what kind of deal the swingman might be in line for and whether it’s viable for the club to retain him. Martin is expected to turn down his $7.1MM player option for 2024/25 and could receive a salary in the neighborhood of the full mid-level exception ($12.9MM+), Chiang writes. Accommodating that sort of raise would likely push the Heat’s team salary above the second tax apron unless they cut costs elsewhere.