Jimmy Butler To Decline $90 Million Max Offer From Bulls?
Following a breakout season, in which he was named an All-Star for the first time as well as Most Improved Player, Chicago Bulls swingman Jimmy Butler is set to become a restricted free-agent.
According to Yahoo Sports, the team plans to offer him a five-year, maximum contract extension, worth $90 million-plus. However, the 25-year-old will likely decline.
The report says Butler plans to pursue shorter-term offer sheets this summer, because the NBA’s salary cap is set to dramatically rise beginning with the 2016-17 season and he doesn't want to be locked in for five years... if he could potentially get even more money later.
Butler should stay in Chicago though, because as a restricted free agent, they have matching rights on any offer sheet. But, the team could be faced with Butler’s agents at Relativity Sports loading up a short-term offer sheet that includes a trade kicker and the potential loss of Butler to unrestricted free agency in 2017.