“Jimmy is the anchor and face of our franchise along with Bam Adebayo and Kyle Lowry,” Heat president Pat Riley said in a statement. “With Jimmy, we get an All-NBA player, an All-NBA Defensive player, tough as nails and a complete player across the board. He’s very deserving of this contract as he continually puts himself at the top of the league at his position. Having him in the Heat organization has been a great, great coup for us.”
Butler is due to make $36 million salary for the 2021-22 season and holds a player option for $37.6 million in the 2022-23 season. The extension, reportedly worth $184 million, will take his deal beyond that.
Butler, 31, averaged 21.5 points, 6.9 rebounds and a career-high 2.1 steals in 53 games last season. He also averaged a career-high 6.9 assists. And as Wojnarowski noted, he was “instrumental” in recruiting Lowry to join the Heat.