Miami Heat All-Star guard Jimmy Butler has signed a four-year, $ 184 million contract extension with the team, his agent Bernie Lee told ESPN.
Butler is extending his $ 36 million salary contract for the 2021-2022 season, and he has a $ 37.6 million player option in the 2022-23 season.
The deal will keep him under contract through the 2025-26 season.
Butler, 31, is a centerpiece of the Heat’s reshaped roster who will attempt to return to the NBA Finals for the second time in three years next season.
After Chicago hesitated to offer him a maximum contract, Butler was traded to the Minnesota Timberwolves and then the Philadelphia 76ers, who eventually worked out a sign-and-trade transaction to bring him to Miami two years ago. Butler will now have had seven years and $ 287 million guaranteed with the Heat.
Butler was instrumental in recruiting his close friend Kyle Lowry to the Heat this summer. Lowry will sign a three-year, nearly $ 90 million deal to partner with Butler, All-Star center Bam Adebayo and Duncan Robinson.
Butler, a five-time All-Star, has been on the All-NBA third team in each of his two seasons with the Heat since coming from the 76ers. He averaged 21.5 career-high points in rebounds (6.9) and assists (7.1) last season. Butler was part of the NBA’s All-Defense Second Team for the fifth time in his career in 2021.
In his 10 years in the NBA, Butler averages 17.4 points, 5.2 rebounds and 4.0 assists.