Mobile Menu
HEADLINES

Jimmy Butler

Contract Details: Pangos, Exum, Heat, Robinson

September 23rd, 2021 at 10:49am CST by Luke Adams

Although new Cavaliers guard Kevin Pangos has no years of NBA service under his belt, he’s not receiving the rookie minimum on his new two-year deal with the team. As Keith Smith of Spotrac tweets, Pangos’ guaranteed first-year salary is $1,669,178, while his non-guaranteed second-year salary is $1,752,637.

Interestingly, while they don’t align with the rookie minimum, those two figures do show up on our minimum-salary chart for this season. Pangos’ first-year salary is the equivalent of the minimum salary for a player with two years of NBA experience. His second-year salary is the equivalent of the second-year minimum salary for a player who currently has one year of NBA experience.

Here are a few more contract details from around the league:

  • Dante Exum‘s new three-year deal with the Rockets is even more complicated than initially reported. Exum’s base salaries increase by 8% annually ($2.5MM, $2.7MM, and $2.9MM), while his likely bonuses decrease by 8% per year ($2.5MM, $2.3MM, and $2.1MM). Exum also has some unlikely incentives which increase by 8% annually ($375K, $405K, and $435K). In total, his three-year deal could be worth as much as $16.215MM, but only his first-year base salary ($2.5MM) is guaranteed.
  • As Barry Jackson of The Miami Herald notes, several of the Heat‘s newly-signed contracts include up-front payments. For instance, Kyle Lowry can get $21.25MM of his $26.98MM salary for 2021/22 by opening night, rather than receiving it in equal installments all season. Jimmy Butler‘s extension also features a substantial advance payment, while Duncan Robinson and P.J. Tucker are entitled to more modest ones.
  • Speaking of Robinson, the final year of his new five-year contract with the Heat isn’t just an early termination option — it’s also only partially guaranteed. That means even if he opts into his fifth year, the Heat could save $10MM of his $19.888MM salary by waiving him. However, Robinson’s fifth-year salary would become fully guaranteed if Miami wins a title by that point and he meets certain minutes and games-played thresholds.
Retweet 3 Share 0 Send via email0

Southeast Notes: Butler, Thor, Magic, Dinwiddie

August 9th, 2021 at 8:19pm CST by Alex Kirschenbaum

After finalizing his new four-year, maximum contract extension over the weekend, All-NBA Heat swingman Jimmy Butler spoke about why he wanted to commit to Miami long-term, according to Anthony Chiang of the Miami Herald.

“They allow me to be me here, love who I am as a person and player,” Butler said of the Heat organization. “Love the guys I have an opportunity to hoop with. I think we’ll be a really good team. We’re consistently getting better, adding the right amount of vets to get over the hump and win a championship. It means everything to me to represent this great organization.”

Butler, who turns 32 in September, said that he wants to finish his career in Miami.

“It’s a place for me,” Butler said. “Teammates allow me to be me. When I’m wrong, they’re going to tell me I’m wrong. When I’m right they still probably tell me I’m wrong. I love them for that. Blessing to play with these guys and [head coach Erik Spoelstra] and [team president] Pat Riley.”

A four-time All-NBA selection, five-time All-Star, and five-time All-Defensive Team member while with the Bulls, Timberwolves and Heat (he did not earn any of these honors with his other NBA team, the Sixers), Butler showed no signs of slowing down during the 2020/21 regular season. He averaged 21.5 PPG on 49.7% shooting from the field and 86.3% from the free-throw line, as well as career-best averages of 7.1 APG, 6.9 RPG, and 2.1 SPG.

There’s more out of the Southeast Division:

  • Hornets rookie power forward JT Thor was signed to a four-year deal, with the first two seasons guaranteed, using some of Charlotte’s cap space, reports Bobby Marks of ESPN (Instagram video link). The 18-year-old big man was selected with the No. 37 pick out of Auburn in this year’s draft.
  • The young core of the rebuilding Magic – including rookie lottery picks Jalen Suggs and Franz Wagner, along with second-year point guard Cole Anthony – is exhibiting encouraging signs of development during NBA Summer League in Las Vegas, writes Dan Savage of Magic.com. “It’s about them developing camaraderie, and their ability to just tie together and move forward growing together,” new head coach Jamahl Mosley said of the Summer League squad. “Just continuing to build off each other and for each other.”
  • After having waived shooting guard Dwayne Bacon this weekend, the Magic project to have an open 15th roster spot, Josh Robbins of The Athletic tweets. Robbins anticipates Orlando will probably leave this final roster spot available in case an opportunity arises for the team to take on an unwanted contract – along with a draft pick – into its sizable trade exception.
  • New Wizards starting point guard Spencer Dinwiddie has several intriguing incentives in his three-year, $62MM deal with Washington, as Michael Scotto of HoopsHype details (Twitter link). Dinwiddie will earn a $1.5MM bonus if he plays in 50+ games, $100K if the Wizards win a first-round playoff series, $571K should the Wizards make the Eastern Conference Finals, and $400K if the Wizards qualify for the NBA Finals. As Bobby Marks of ESPN (Instagram video link) first reported, Dinwiddie would net a scant $1 bonus for winning the NBA Finals. Marks added in the same video that the partial guarantee on Dinwiddie’s 2023/24 salary will become fully guaranteed if he plays in 50+ games during the 2022/23 season.
Retweet 2 Share 0 Send via email0

Eastern Notes: Bucks, Pacers, Butler, Heat

August 9th, 2021 at 11:03am CST by Luke Adams

The two second-round picks the Bucks sent to the Grizzlies in the Grayson Allen trade were the 2024 and 2026 selections Milwaukee had just acquired from Indiana in a trade for the No. 31 pick, according to RealGM.

In the deal with Indiana, Milwaukee gave up the No. 31 selection in exchange for this year’s Nos. 54 and 60 selections along with those two future second-rounders. The team subsequently flipped the second-rounders to Memphis along with Sam Merrill for Allen.

The upshot is that the Bucks gave up Merrill and the No. 31 pick (Isaiah Todd) in exchange for Allen, the No. 54 pick (Sandro Mamukelashvili), and the No. 60 pick (Georgios Kalaitzakis).

Here’s more from around the East:

  • The Pacers officially announced a pair of additions to Rick Carlisle‘s staff, stating in a press release that Jannero Pargo has been hired as a player development assistant and Zach Chu has come aboard as the team’s manager of game strategy and analytics. Pargo spent the last two seasons with Portland, while Chu worked under Carlisle in Dallas.
  • Jimmy Butler‘s new maximum-salary extension with the Heat will actually be a three-year deal that begins in 2023/24, meaning it’s being tacked onto his 2022/23 player option, according to ESPN’s Bobby Marks (Instagram video). Butler’s salary in ’23/24 will likely be 35% of that year’s cap, so the exact value of his extension isn’t yet known.
  • The Heat are taking their usual approach to their two-way contract slots, not filling them right away and instead auditioning several players for those openings. As Ira Winderman of The South Florida Sun Sentinel writes, the next week at the Las Vegas Summer League could go a long way toward determining which players have the leg up for those spots. Javonte Smart, A.J. Lawson, RJ Nembhard, Micah Potter, and Marcus Garrett are expected to be in the mix.
Retweet 2 Share 0 Send via email0

Jimmy Butler Signs Max-Salary Extension With Heat

August 7th, 2021 at 9:38am CST by Dana Gauruder

AUGUST 7: Butler has officially signed the extension, according to a team press release.

“Jimmy is the anchor and face of our franchise along with Bam (Adebayo) and Kyle (Lowry),” Heat president Pat Riley said in a statement. “With Jimmy, we get an All-NBA player, an All-NBA Defensive player, tough as nails and a complete player across the board. He’s very deserving of this contract as he continually puts himself at the top of the league at his position. Having him in the HEAT organization has been a great, great coup for us.”

AUGUST 6: The Heat and Butler are in formal agreement on a new four-year extension, reports Ira Winderman of The South Florida Sun Sentinel.

The extension will include a player option for the 2025/26 season, according to Winderman, who says the deal is worth a projected $184MM.

AUGUST 2: Jimmy Butler is expected to sign a four-year max extension with the Heat, Jon Krawczynski and Shams Charania of The Athletic report (Twitter link).

Butler can officially sign the extension on Friday. Based on the projected 2022/23 salary cap, the extension will be worth approximately $186.6MM.

The acquisition of Butler in a sign-and-trade with Philadelphia in 2019 propelled the club to the 2020 Finals and he’s looked upon as the leader of a team built on toughness and defense.

There was growing optimism that Butler and the franchise would agree to an extension and that has apparently come to fruition. Butler’s extension is part of a frenzy of planned moves designed to get Miami back to the Finals next season, according to Marc Stein of Substack.

Miami is also acquiring veteran point guard Kyle Lowry and re-signing sharpshooting wing Duncan Robinson.

Injuried limited Butler to 52 regular season games this past season but he still put up big numbers — 21.5 PPG, 6.9 RPG, a career-high 7.1 APG and 2.1 SPG.

Retweet 1 Share 0 Send via email0

Heat Rumors: DeRozan, Oubre, Gay, Ariza, Butler

August 1st, 2021 at 8:31pm CST by Luke Adams

The Heat, who are reportedly considered the frontrunners to land Kyle Lowry in free agency, may also be eyeing another longtime Raptors guard.

Multiple reporters and outlets, including Marc Stein, Five Reasons Sports, and The Miami Herald (all four Twitter links), have suggested that the Heat are exploring ways to add free agent guard DeMar DeRozan. Miami has pursued DeRozan multiple times over the years, even inquiring on him earlier this season, and the veteran holds the Heat in high regard, tweets Barry Jackson of The Miami Herald.

However, landing DeRozan won’t be easy, since Miami has no clear pathway to acquiring both Lowry and DeRozan via sign-and-trade.

There has been some speculation about the possibility of DeRozan taking a discount to play for the Lakers or Clippers — if he’s open to that idea, it would open the door for the Heat to make a similar path. However, Jake Fischer of Bleacher Report said on The Alex Kennedy Podcast that he’s not sure DeRozan – who earned $27MM this past season – would be willing to settle for the mid-level.

Here’s more on the Heat:

  • The Heat tried to acquire Kelly Oubre at this year’s trade deadline and figure to be interested in him again as a free agent, tweets Barry Jackson of The Miami Herald. However, Jackson views it as an unlikely match, since Oubre will likely want more than mid-level money.
  • Jackson also names Rudy Gay as a free agent forward who will receive interest from the Heat this week (Twitter link). Miami may look to re-sign Trevor Ariza too, Jackson adds.
  • There’s optimism that the Heat and Jimmy Butler will be able to reach an agreement on a contract extension this offseason, writes Anthony Chiang of The Miami Herald. Butler’s maximum extension would be a four-year deal worth up to a projected $181MM.
Retweet 4 Share 0 Send via email0

Southeast Notes: Beal, James Jones, Butler, Bjelica

July 10th, 2021 at 3:18pm CST by Eli Cohen

Bradley Beal of the Wizards is getting a first-hand look at what a Hall-of-Fame coach looks like, and he’s loving it, writes Chase Hughes of NBC Sports Washington.

“(Gregg Popovich is) perfect, man,” Beal said. “He’s an awesome coach to be around and his energy, his intensity, it just trickles down to everybody. It’s contagious.”

The timing is interesting, Hughes notes, as the Wizards are currently in the midst of a coaching search. Whomever the Wizards hire will be the third head coach of Beal’s career, and now that Beal has experience playing under Popovich, it will be interesting to see what he makes of the new hire. It’s been reported that Beal will have input in the decision.

We have more notes from around the Southeast Division:

  • In his latest mailbag, Ira Winderman of the South Florida Sun Sentinel discusses the question of whether the Heat missed an opportunity by not doing more to keep Suns GM James Jones – 2021’s Executive of the Year – in the Heat organization. It’s unlikely Jones would’ve gotten the same opportunity that he got in Phoenix as quickly in Miami, Winderman concludes.
  • Much has been made of Jimmy Butler‘s combative nature, Winderman writes, but Heat legend Chris Bosh says some of that is the nature of the NBA, and that competitive fire looks different when the team is winning versus when it’s losing. “There’ll always be reports of conflict when the season isn’t that good. The conflict is different. When they’re winning and arguing, it’s great, it’s a great thing,” Bosh said. “What I find is most important, is you have to talk about it. We’re all adults, right?”
  • Winderman also checks in with Heat free agent Nemanja Bjelica on the heels of Serbia’s elimination from the Tokyo Olympic qualifying tournament last weekend on their home floor. “Disaster, it is fair to say, failure,” Bjelica said. “We are always expected to always win. The only thing left is that we wanted to make these people happy. I can only apologize, if it means something. I will take responsibility as a player with the most experience here.”
Retweet 4 Share 0 Send via email0

Olympic Notes: Butler, Olynyk, Birch, Bjorkgren, Jokic, Australia

June 17th, 2021 at 9:52pm CST by Dana Gauruder

Jimmy Butler will not play for Team USA at the Tokyo Olympics, Ira Winderman of the South Florida Sun Sentinel tweets. Butler had an invite but he battled through a variety of ailments this season and had a short turnaround between seasons after Miami surprisingly reached the NBA Finals last summer.

We have more info on this year’s Olympics:

  • The Rockets’ Kelly Olynyk and Raptors’ Khem Birch are among the prominent players not listed among the 24 players Team Canada submitted to FIBA in advance of its Olympic qualifier, Michael Grange of Rogers Sportsnet tweets. They’re both unrestricted free agents. The Grizzlies’ Brandon Clarke is also not on the preliminary list, Blake Murphy of The Athletic tweets. The 24-man roster can be found here.
  • Nate Bjorkgren, who was let go by the Pacers after one season as head coach, will join Nick Nurse’s Team Canada staff, Marc Stein of the New York Times tweets. Bjorkgren was one of Nurse’s top assistants before his stint with Indiana.
  • MVP Nikola Jokic won’t play for the Serbian team at the Olympic qualifier due to an exhausting NBA campaign, according to Mike Singer of The Denver Post. Jokic told Serbian news agency Tanjug, “Simply, the condition of my body requires a longer absence from the court for recovery.” The Denver Post story asserts Jokic won’t play in the Olympics even if his national team qualifies, while an ESPN story says it’s unclear if Jokic would participate in Tokyo.
  • The Australian national team will play exhibitions against Team USA, Nigeria and Argentina in Las Vegas before departing for Tokyo, David Aldridge of The Athletic tweets. The 19-man preliminary roster, which will be trimmed to 12, is expected to be loaded with NBA players, including Ben Simmons and Joe Ingles.
Retweet 4 Share 0 Send via email0

NBA Announces 2020/2021 All-NBA Teams

June 15th, 2021 at 8:07pm CST by Eli Cohen

The NBA has officially announced the All-NBA First, Second, and Third Teams for the 2020/21 season, with Giannis Antetokounmpo leading the way as the lone unanimous selection for the First Team.

Antetokounmpo and Nuggets‘ MVP Nikola Jokic were the two top vote-getters, combining for 998 out of a possible 1,000 points, with Warriors guard Stephen Curry following shortly behind. Clippers forward Kawhi Leonard and Mavericks guard Luka Doncic rounding out the top five.

The full All-NBA teams are listed below, with their vote totals in parentheses. Players received five points for a First Team vote, three points for a Second Team vote, and one point for a Third Team vote, so Giannis scored a perfect 500 — First Team nods from all 100 voters.

All-NBA First Team

All-NBA Second Team

All-NBA Third Team

Among the players who just missed the cut were Celtics forward Jayson Tatum (69), Wizards guard Russell Westbrook (44), Nets guard James Harden (41), Pelicans forward Zion Williamson (37) and Heat center Bam Adebayo (32). A total of 12 other players received votes. The full results can be found here.

Today’s announcement has major financial implications across the league. Tatum, who received more votes than Kyrie Irving but still fell 20 votes short of a final forward spot, will lose out on a projected $32.6MM on his rookie scale extension, as his next deal will start at 25% of the cap instead of the 30% he would have received if he’d been named to an All-NBA team. Likewise, Jazz guard Donovan Mitchell, Kings guard De’Aaron Fox and Adebayo will all receive starting salaries worth 25% of the cap on their respective extensions as a result of missing out on All-NBA honors.

Doncic, having been named to his second consecutive All-NBA First Team, will be eligible for a 30% extension that would be worth a projected $201MM+ and is almost certain to be offered this summer. Doncic has previously made clear his intentions to sign the extension when offered. It will go into effect for the 2022/23 season.

Embiid is now eligible for a super-max contract extension, which would run for four years, starting in 2023/24, and would be worth a projected $191MM, according to ESPN’s Bobby Marks. It’s unclear whether the Sixers will immediately put this extension on the table this offseason.

Bradley Beal‘s deal will not change with his first career All-NBA selection, as he is already eligible for a 35% contract extension on his next deal. Jokic, having been named MVP previously this week, also sees no change in his possible future super-max extension, which will be worth approximately $241MM.

Hoops Rumors readers accurately picked 12 of this season’s 15 All-NBA players in our poll. Devin Booker, Adebayo, and Tatum were your picks who didn’t make the official list.

Retweet 1 Share 0 Send via email0

NBA All-Defensive Teams Announced

June 14th, 2021 at 6:24pm CST by Alex Kirschenbaum

The NBA has officially announced the voting results for its two 2020/21 All-Defensive teams.

Jazz center Rudy Gobert, the Defensive Player of the Year for the third time in four seasons, and Sixers guard Ben Simmons were unanimous selections for the All-Defensive First Team. Both players made the First Team lists of all 100 tallied ballots, for a perfect total of 200 points. Votes are given to 100 media members.

This marks Gobert’s fifth straight appearance on the All-Defensive First Team, and the second consecutive All-Defensive First Team honor for Simmons.

Warriors forward Draymond Green garnered 176 points (including 80 First Team votes). Green was named Defensive Player of the Year in the 2016/17 season. This year’s nod is his fourth First Team honor, and his sixth total All-Defensive team.

Two Bucks players rounded out the All-Defensive First Team this season. Guard Jrue Holiday netted 157 points (65 First Team) and All-Star forward Giannis Antetokounmpo, the 2020 Defensive Player of the Year, earned 135 total points (43 First Team). Antetokounmpo has just made his third straight All-Defensive First Team, and his fourth All-Defensive team overall. This is Holiday’s second All-Defensive First Team appearance and his third overall All-Defensive team.

[RELATED: Rudy Gobert Named Defensive Player Of The Year]

Two All-Defensive First-Teamers have unlocked contract bonuses associated with the honor. Bobby Marks of ESPN tweets that Gobert will receive a $500K bonus for the inclusion this season. Marks adds (Twitter link) that Holiday will pocket a cool $100K for making All-Defensive First Team. Holiday has other contract incentives associated with his team’s further postseason advancement.

The All-Defensive Second Team honorees are led by Heat stars Bam Adebayo and Jimmy Butler, who each netted 111 points (37 First Team votes) apiece. Adebayo makes his second All-Defensive Second Team with the nod today. This is Butler’s fifth such honor.

Simmons’s Sixers teammates Joel Embiid and Matisse Thybulle also make the cut. It is the third All-Defensive team nod for Embiid and the first appearance for Thybulle. Clippers All-Star forward Kawhi Leonard, a former two-time Defensive Player of the Year, rounds out the All-Defensive Second Team this season.

Here are the full voting results for the All-Defensive First and Second Teams, with each player’s point total noted in parentheses:

First Team:

Second Team:

Suns guard/forward Mikal Bridges, Hawks center Clint Capela, and Pacers forward/center Myles Turner were among the highest vote-getters who missed the cut for the Second Team. You can find the full voting results right here.

Photo courtesy of USA Today Sports Images.

Retweet 2 Share 0 Send via email0

Pat Riley Talks LeBron, Butler, Ainge, His Own Future

June 7th, 2021 at 12:24pm CST by Luke Adams

Making an appearance on Dan Le Batard’s’s ‘Le Batard and Friends’ stream on Friday (video link), Heat president Pat Riley addressed a handful of topics, including his own future and Jimmy Butler‘s relationship with Heat head coach Erik Spoelstra and the rest of the coaching staff.

Perhaps most interestingly, Riley spoke about former Heat star LeBron James, addressing whether he’d continue to leave a “key under the doormat” for James in the event that the four-time MVP wanted to return to Miami. Riley acknowledged that such a scenario is unlikely and joked that the key would be “rusted” by now, but said he’d welcome back the superstar forward who helped lead the franchise to four straight NBA Finals from 2011-14.

“LeBron, look, he’s one of the greatest of all time, and for four years down here, if we want to go back and remember what those four years were like, it was four years in the Finals, four years of excitement, two world championships… It was the best time for the Heat,” Riley said, per Peter Botte of The New York Post. “So I wish him nothing but the best, and if he ever wanted to come back, I’ll put a new shiny key under the mat.”

Executives around the NBA have received fines for violating the league’s anti-tampering policy for comments similar to Riley’s, so it’s reasonable to assume commissioner Adam Silver will take a long look at Riley’s statement. After discussing LeBron, Riley noted that those comments “will just get me fined,” as Botte relays.

With the help of Ira Winderman of The South Florida Sun Sentinel, here are a few of other noteworthy tidbits from the longtime Heat president of basketball operations:

On a report that there were some “testy moments” between Jimmy Butler and the Heat’s coaching staff this season:

“It’s normal. … Look, throughout my career as a coach, there wasn’t one player on any team that I ever coached, a key player, that I didn’t have disagreements with, didn’t have yelling and screaming matches with, and whether it was Alonzo Mourning or Magic Johnson or James Worthy or Patrick Ewing or whoever, LeBron, Dwyane, Chris. That’s just the way it is. And if it’s too nice and too quiet, then you want to create something where there’s tension. Otherwise, you’re going to be apathetic at what you’re doing all the time.”

On Danny Ainge stepping down from his role as Celtics’ president of basketball operations:

“I wish him the best. I have no hate in my heart, except for the Shamrock. But all of the people I competed against in Boston all those years, I wish Danny nothing but the best. He’s had 18 years up there. Believe me, I know how hard it is to do this stuff. So, he’s free of whatever it is he wants to get away from.”

On whether Riley would’ve considered retiring if the Heat had won the Finals in 2020:

“No… At my particular age, I feel that I have a lot more left, a lot of energy, and I feel like I’ve got a sharp mind. I know, over 60 years, I’ve collected a lot of wisdom and a reservoir of knowledge about what it takes to win and what kind of players we want, and all of that stuff. So I’m not in any hurry to go anywhere else other than, right now, on vacation and then come back and try to win a championship for the Heat. That’s what we do.”

Retweet 8 Share 0 Send via email0
Load More Posts