Jimmy Butler turns down 4 year $44 million dollar extension

http://youtu.be/1MJy9bs6MO0

 

watch butler sign a parsons contract

 

Personally I'd love it if Houston can get him, IMHo he is a top offensive player in the league he had Ariza all up in his grill and he still torched the Rox. If I were Houston Id try to get him in the offseason at all costs, pairing of Harden Butler would give us the best sg sf combination in the league since MJ Pippen.

 

contract year performances are kinda scary. The bulls will probably repay him but joakim might walk

 

Other than safety, there's really no financial reason for Butler to take anything less than a max 5 year contract from the Bulls. Anything less and he will just sign the QO and reap the benefits of the huge cap jump in 2016.

 

[rQUOTEr]Sources: Jimmy Butler plans to pursue shorter-term offer sheets

Chicago Bulls restricted free-agent guard Jimmy Butler has plans to pursue shorter-term offer sheets this summer, resisting the Bulls’ initial plans to offer him a five-year, maximum contract extension, league sources told Yahoo Sports.

As the NBA’s salary cap is set to dramatically rise beginning with the 2016-17 season, Butler has become far less interested in locking himself into the five-year, $90 million-plus deal the Bulls are expected to present him on July 1, league sources said.

For Chicago, there’s no challenge to retaining Butler. As a restricted free agent, the Bulls have matching rights on any offer sheet. Nevertheless, Chicago could be faced with Butler’s agents at Relativity Media, Happy Walters and Steve McCaskill, loading up a short-term offer sheet that includes a trade kicker and the potential loss of Butler to unrestricted free agency in 2017.

As Butler spends time in Los Angeles this summer, a stretch that’s included an overseas “Entourage” promotional jaunt with producer Mark Wahlberg, Butler’s intrigue with signing a potential Los Angeles Lakers offer sheet has increased, league sources told Yahoo Sports.

Butler has preliminary plans to pursue meetings with several teams once free agency starts in July, sources said. Several teams pursuing Butler told Yahoo Sports that they’re under the impression a short-term, max money offer sheet is the wisest way to approach Butler this summer.

Unless Bulls officials bring Butler a shorter-term deal that’s more favorable to his long-term earning power, they’ll likely be waiting to match an offer sheet, league sources said.

Butler could sign a three-year offer sheet that guarantees him $50 million, but allows for a player option on the third year that could allow him to move into unrestricted free agency and re-sign for a five-year, maximum deal worth as much as $190 million. It is understandable why Chicago wants Butler locked into a five-year, $90 million max extension under the current salary structure, but that appears to be a deal Butler plans to pass on.

Chicago has to sell Butler on a post-Tom Thibodeau era under Fred Hoiberg to get him fully comfortable with the franchise’s direction. What’s more, there’s an increasing belief surrounding Butler and point guard Derrick Rose that they need to come to a greater understanding about how to best co-exist on the floor.

The Bulls understand that Butler had the staying power to turn down a four-year, $44 million extension (four-year, $48 million would’ve gotten the Bulls a deal, sources said) during an exclusive negotiating window in October, and they’ll have to wonder too: If there’s a player with the conviction to risk playing out the 2015-16 season for his $4.4 million qualifying offer and become an unrestricted free agent in 2016, it could be Butler. Nevertheless, that’ll be considered a long shot in the process.

At 25 years old, Butler had his best NBA season, earning a spot on the Eastern Conference All-Star team. An elite two-way player, Butler averaged 20 points, 5.8 rebounds and 3.3 assists per game. His career averages are 11.7 points, 4.3 rebounds and two assists. He was the 30th overall pick in the 2011 NBA draft. He was voted the NBA’s Most Improved Player this season.[/rQUOTEr]

 

Man I would love to get Jimy Butler. A great compliment to Harden.

 

When Butler can earn 5/190 mill, there's something seriously wrong with the NBA salary structure.

 

Good news, the players union and league agree with you and plan to have a lively discussion on this in a years time.

 

This is a smart move. Highly doubt he'll be going anywhere, but signing an offer sheet w/ the kind of deal he wants from Chicago makes a lot of sense.

 

5 yr / $190MM WOWOOWOWOWOWOWOWOWOWOWOWOWOWOW

 

Per cbafaq.com, if Bulls offer the 5 year maximum deal, any outside offer will have to be for at least 3 years BEFORE any option kicks in, which exclude the 2 years + 3rd year player option structure that Chandler Parsons used on his contract.

So, the best offer that Butler can sign and force Bulls to match is 3 years + 4th year player option. Butler may want a shorter deal to allow him to enter the free agency with higher cap sooner and the Bulls might do him a favor and give him such a contract, but he doesn't have the ability to force the Bulls into giving him such a favorable contract.

 

Or I believe he could just sign the 1 year QO and walk in 2016 free agency.