May 2024 Miami Heat Wiretap

Pat Riley: Heat Undecided On Offering Extension To Jimmy Butler

May 6, 2024 9:29 PM

Jimmy Butler is eligible for a two-year contract extension with the Miami Heat worth as much as $113 million to cover the 25-26 and 26-27 seasons. Pat Riley revealed that the Heat have not internally discussed that possibility yet.

"We have not discussed that internally right now," Riley said. "We have to look at making that kind of commitment and when do we do it. We don't have to do it until 2025, actually. But we'll see. We haven't made a decision on it, and we haven't really in earnest discussed it."

Butler's injury issues will potentially be a factor in Miami's calculus.

"That's a big decision on our part to commit those kinds of resources unless you have somebody who's going to be there and available every single night," Riley said. "That's the truth."

Riley also criticized Butler's comments about the Boston Celtics and New York Knicks.

"If I was playing, Boston would be at home, New York damn sure would ... be at home," said Butler.

"I thought, 'Is that Jimmy trolling or is that Jimmy serious?' If you're not on the court playing against Boston or on the court playing against the New York Knicks, you should keep your mouth shut on the criticism of those teams," Riley said.

ESPN

Tags: Jimmy Butler, Miami Heat, NBA, NBA Signing Rumor, NBA Misc Rumor

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Rival Teams Think Sixers Could Trade For Jimmy Butler

May 5, 2024 5:27 PM

Jimmy Butler reportedly wants an extension from the Miami Heat this offseason. Butler has two years remaining on his current deal, including a player option for 2025-26. It's unknown where the Heat stand on adding even more guaranteed money to their payroll moving forward. Butler will turn 35 years old ahead of next season and missed the Heat's first-round series loss to the Boston Celtics due to a knee injury.

If the Heat balk at extending Butler, rival teams believe the Philadelphia 76ers could attempt to swing a trade for the veteran wing. The Sixers project to have more than $60 million in cap space this summer. Daryl Morey will be seeking to fill out the roster around Joel Embiid and re-sign Tyrese Maxey.

Butler previously played for part of one season with the 76ers. Philadelphia acquired Butler from the Minnesota Timberwolves. Following the end of the 2018-19 season, Butler was acquired by the Heat in a sign-and-trade deal with the Sixers.

Marc Stein/The Stein Line

Tags: Jimmy Butler, Miami Heat, Philadelphia Sixers, NBA, NBA Trade Rumor

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Bam Adebayo Eligible To Sign Three-Year, $165M Extension With Heat In Offseason

May 2, 2024 11:12 AM

Bam Adebayo will become eligible to sign a three-year, $165 million extension with the Miami Heat this offseason.

If Adebayo signs for his max, the new deal would begin with a $51.2 million salary in 26-27, when Adebayo will be 29 years old.

Adebayo signed a five-year, $164 million deal with the Heat in 2020.

Bobby Marks/ESPN

Tags: Bam Adebayo, Miami Heat, NBA, NBA Signing Rumor, NBA Misc Rumor

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Jimmy Butler Eligible To Sign Two-Year, $112.9M Extension With Heat On July 7

May 1, 2024 10:33 PM

Jimmy Butler becomes eligible to sign a contract extension with the Miami Heat this offseason on July 7th. Butler is signed for 24-25 at $48.8 million and holds a $52.4 million player option for 25-26.

Butler could sign a one-year extension for 26-27 at $58.6 million, or he could sign a two-year, $112.9 million option that covers both 25-26 and 26-27, which would void his $52.4 million option for 25-26.

Butler signed a four-year, $184 million extension with the Heat during the 2021 offseason after Year 2 of his four-year, $142 million deal signed in 2019.

Butler will turn 35 before the start of the 24-25 season.

Bobby Marks/ESPN

Tags: Jimmy Butler, Miami Heat, NBA, NBA Signing Rumor, NBA Misc Rumor

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Jaime Jaquez Jr. Out For Game 5

May 1, 2024 1:46 AM

Jaime Jaquez Jr. is ruled out for Game 5 on Wednesday due to a strained right hip flexor.

Jacquez had started all four games in the series, averaging 12.8 points.

The Heat are down 3-1 in the series. 

ESPN

Tags: Jaime Jaquez, Jr., Miami Heat, NBA, NBA Injury

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