Although they haven’t received anything approaching a “serious offer” yet, the Heat have indeed shown a willingness to listen to inquiries on Jimmy Butler for the first time in his six seasons in Miami, league sources tell David Aldridge of The Athletic.
The Heat are in the midst of a four-game winning streak, but are still just 13-10 thus far in 2024/25. Aldridge says the organization is “sober” about the state of the current roster, noting the team made the play-in tournament each of the past two seasons, including a surprise run to the NBA Finals in 2023 after advancing to the playoffs as the No. 8 seed.
The two sides “seem destined” to part ways, according to Aldridge, who suggests Miami will likely prioritize a trade package centered around players rather than draft compensation, given the team’s “relentless” desire to contend for titles.
Aldridge says Butler’s preference would be to stay in Miami, but he wants a maximum-salary extension that Pat Riley has publicly said the team is in no rush to offer.
As Aldridge observes, in addition to listening to offers, the Heat are also likely trying to gauge what Butler’s free agent market could look like this summer, when he reportedly intends to decline his $52.4MM player option to hit free agency.
There are more trade rumors to pass along:
- NBA insider Marc Stein offers a similar report in his latest Substack column (subscription required), citing a “rising belief leaguewide” that Miami has become willing to part with Butler before the trade deadline. The majority of teams that Stein contacted believe Butler has started considering potential locations where he’d like to be traded, but one executive cautions that the Heat won’t move him without getting “fair value” in return. Stein adds that Miami officials aren’t concerned about losing Butler in free agency this summer if he’s not traded because he’ll be facing a limited market. Only the Nets currently have enough projected cap room for a maximum-salary offer.
- Of the four teams considered to be favorable landing spots for Butler, only the Warriors are viewed as having enough interest to engage in “substantive” trade discussions, league insiders tell Stein. The Rockets and Mavericks haven’t displayed any “tangible” interest in pursuing Butler, according to Stein, while the Suns would have to include Bradley Beal, who holds a no-trade clause that discouraged the Heat from trying to trade for him in the summer of 2023.
- As he previously noted in a podcast appearance this week, Stein hears that the Nuggets want to shake up their roster, and it appears Michael Porter Jr. would have to be included in any major deal. Stein wonders how much of a return Denver could get for Porter considering the limited market for New Orleans forward Brandon Ingram, who’s a similar player with better stats.
- The Bulls are hoping to land a first-round pick in exchange for center Nikola Vucevic, Stein adds. Vucevic has increased his production in coach Billy Donovan’s new up-tempo offense, but Stein warns that the Bulls might have to be willing to take any Vucevic talks all the way to deadline day if they’re holding out for a first-rounder.
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