Pat Riley Announces Heat Aren’t Trading Jimmy Butler

In an unusual move, the Heat president of basketball operations Pat Riley has made a public statement saying Miami isn’t trading Jimmy Butler (Twitter link).

“We usually don’t comment on rumors, but all this speculation has become a distraction to the team and is not fair to the players and coaches. Therefore, we will make it clear – We are not trading Jimmy Butler,” Riley said.

Riley’s statement comes on the heels of ESPN’s Shams Charania reporting on Wednesday that Butler preferred a trade out of Miami, though he has not formally requested to be dealt, which was confirmed by multiple local reporters.

Neither Butler nor the Heat have denied that the star forward is unhappy with his contract situation, however, and Riley did not address that in his statement. That may be a moot point, since there’s no indication Butler has caused any friction behind the scenes, and he still has at least this season left on his contract, with a $52.4MM player option for 2025/26. But Butler did force his way out of Minnesota six years ago.

Barry Jackson and Anthony Chiang of The Miami Herald followed up on Charania’s report by adding additional details, including that Butler would play out the season with Miami if that’s what the team decides, but would be fine with a change of scenery as well. We’ll see if that holds true after Riley’s statement.

Reporting in the wake of Miami’s elimination from the 2024 playoffs indicated that Butler would be seeking a maximum-salary extension during the offseason. Asked about that possibility during his end-of-season press conference in the spring, Riley expressed reluctance to make that sort of financial investment in a player “unless you have someone who is going to be available every night,” a reference to Butler’s injury issues in recent seasons.

Butler subsequently decided to put off extension discussions and remain with the Heat to open the season rather than pushing for an offseason trade. However, he has been unhappy about not being extended, according to The Miami Herald, which reported that Butler’s relationship with the Heat has become “somewhat strained.”

More to come…