Butler is extending off of his $36 million wage for the 2021-2022 season, and holds a participant possibility for $37.6 million within the 2022-23 season.
The deal will preserve him beneath contract via the 2025-26 season.
“Jimmy is the anchor and face of our franchise together with Bam and Kyle,” Warmth president Pat Riley mentioned in an announcement. “With Jimmy, we get an All-NBA participant, an All-NBA Defensive participant, robust as nails and an entire participant throughout the board. He is very deserving of this contract as he regularly places himself on the high of the league at his place. Having him within the HEAT group has been an incredible, nice coup for us.”
Butler, 31, is a centerpiece of the Warmth’s reshaped roster that can attempt to return to the NBA Finals for the second time in three years subsequent season.
After Chicago hesitated on providing him a max contract, Butler was traded to Minnesota after which to Philadelphia. The 76ers in the end labored a sign-and-trade to ship him to Miami two years in the past. Butler may have now had seven years and $287 million assured to him with the Warmth.
Butler was instrumental in recruiting his shut buddy Kyle Lowry to the Warmth this summer time. Lowry is signing a three-year, almost $90 million deal to companion with Butler, All-Star heart Bam Adebayo and Duncan Robinson.
Butler, a five-time All-Star, has made third-team All-NBA in every of his two seasons with the Warmth since arriving from the 76ers in a sign-and-trade settlement. He averaged 21.5 factors and career-highs in rebounds (6.9) and assists (7.1) final season. Butler made the NBA’s second-team All-Protection for the fifth time in his profession in 2021.
In his 10 years within the NBA, Butler has averaged 17.4 factors, 5.2 rebounds and 4.0 assists.