The Heat expect Jimmy Butler to resume playing after his seven-game suspension is over if he hasn’t been traded by then, a source close to the situation tells Anthony Chiang of The Miami Herald. Management isn’t willing to let Butler stay away from the team and collect the remainder of his $48.8MM salary, Chiang adds.
Chiang’s source also says Miami has engaged in trade talks about Butler with numerous teams over the past several days, but hasn’t received an offer worth pursuing. He confirms that the Suns are among those expressing interest, but the Heat have no interest in taking on Bradley Beal because of the no-trade clause in his contract. That means a third team would have to be willing to absorb Beal’s $50.2MM salary and he would have to OK the deal.
Even though he’s suspended, Butler is able to work out at the team’s Kaseya Center facilities while the Heat are on a six-game road trip, Chiang adds. He’ll be eligible to return to the court for a January 17 home game against Denver.
Efforts to find a taker for Butler have been complicated by Miami’s desire to take back the lowest possible amount of guaranteed salary beyond this season, Marc Stein states in his latest Substack column (subscription required). That has led to pessimism about finding a deal quickly, especially with the Warriors reportedly no longer interested.
Stein also points out that missing the playoffs would be “legitimately disastrous” for the Heat, which may explain the motivation to keep playing Butler if no trade materializes. If Miami doesn’t reach the postseason, its 2026 first-round pick would be sent to Oklahoma City without any protections.
That pick was originally shipped to the Clippers in the four-team sign-and-trade deal that brought Butler to the Heat in 2019, Stein explains, and the Thunder acquired it in 2022. If the Heat reach the playoffs this season, OKC will get Miami’s 2025 first-rounder, which would fall outside the top 14. If the Heat are in the lottery, the unprotected first-rounder would convey in 2026.
Stein also points out that Miami owes a first-round pick to Charlotte from last season’s trade for Terry Rozier. Because of the Stepien rule that prevents teams from trading their first-rounders in back-to-back years, if the Oklahoma City pick conveys in 2026, the pick to the Hornets will be tied up until 2028, reducing the Heat’s flexibility moving forward.
ESPN’s Brian Windhorst also offers an update on Butler trade talks (video link), saying the Heat “don’t like their hand at all right now.” Sources tell Windhorst that Pat Riley‘s declaration last month that the team wasn’t interested in trading Butler came after several offers were received that were unsatisfactory. Windhorst adds that rival clubs seem to be testing Miami to see how low it is willing to sell Butler.
He notes that the only exception has been the Suns, whom he cites as the “best fit and most aggressive team” in the Butler pursuit. However, the Heat’s lack of interest in Beal is a major roadblock, and it’s very difficult to put together a three- or four-team deal under current CBA restrictions.
Windhorst still expects Butler to be traded somewhere before the deadline, but he states that Miami is operating from a position of weakness.