Darren Wolfson: #Twolves All-Star Jimmy Butler has officially turned down the Wolves’ 4-year, $110M range extension offer, per owner Glen Taylor. Full interview posting soon, which includes stuff on KAT extension talks, Thibs, filling out the roster, and #LosLynx.
Nick Friedell: Thibs on where things stand between T'Wolves and Butler for potential extension: "We know how important Jimmy is to the team. But we don't talk about contract negotiations or anything like that so just get ready for the season."
Albert Nahmad: Jimmy Butler’s $20.4M cap hit for 2018-19 contains both a $1.1M signing bonus allocation and a $604K trade bonus allocation. An extension offer would start at 120% of his $18.7M base salary, and kick in for 2019-20: $22.4M, $24.2M, $26.0M, $27.8M. Total: 4 new years, $100.5M.
Marc Stein: The Timberwolves began free agency by informing star guard Jimmy Butler that they intend to offer him a maximum contract extension valued in the four-year, $110 million range as soon as he's eligible to sign the deal on July 9, league sources say
If Butler signs an extension, it likely will be next summer, when he can become a free agent and sign to stay with the Wolves for considerably more than any other team can pay him. If … “Every day we work at it,” Thibodeau said Thursday. “We know how important he is and we feel he’s one of the best players in the league. So how you manage that on a daily basis is important. I think our communication with him is important.”
Thibodeau made it clear Monday the Wolves’ culture change starts with Butler. He can sign this summer an extension to stay in Minnesota through 2023 before he can opt out of his current contract in summer 2019. “At an appropriate time, we’ll talk to him,” Thibodeau said. “What he did for our organization, we certainly know how important he is and so every day our communication with him is critical. It’s important for him to feel good about everything that we’re doing here.”
In a provision intended to help teams keep their best players, the NBA’s current labor agreement allows the Wolves this summer to negotiate a contract extension with Butler before he can opt out of his contract and become a free agent in summer 2019.
“Jimmy brings a personality and a skill set that is different from some of our other players,” Taylor said. “At least at this point, they don’t have the experience that he has. We found that very helpful to our team this year. He’s a very important part of our future. I’m not sure what they’re thinking and our thinking is. That’s something that will develop as we get into the summer and start talking to Jimmy and his agent.”
September 16, 2021 | 8:36 pm EDT Update
Keith Smith: The Shanghai Sharks have signed former NBAers Jimmer Fredette and Noah Vonleh. This will be Fredette’s 5th season with Shanghai. He last played in the NBA in 2019 with the Phoenix Suns. Vonleh was briefly with the Brooklyn Nets last season. This is his first season with Shanghai.
NBA star Giannis Antetokounmpo was in Greece for a meeting with the country’s prime minister Thursday and a special ceremony to bestow Greek citizenship on his mother Veronica and younger brother Alex. Antetokounmpo, who led the Milwaukee Bucks to the NBA championship in July, attended the ceremony at the official residence of Prime Minister Kyriakos Mitsotakis. The 26-year-old Antetokounmpo was born in Athens, the son of Nigerian immigrants. He was granted Greek citizenship in 2013, allowing him to travel to the United States and join the Bucks later that year.
“We always felt Greek, but now we have an official stamp and we are happy,” Antetokounmpo told reporters after the ceremony. “Alex and my mom are Greek citizens now.” Antetokounmpo also traveled to Greece in August with his brother Thanassis, carrying the Larry O’Brien NBA championship trophy. He took the trophy to the ancient Acropolis in Athens to celebrate with members of his family.
September 16, 2021 | 8:07 pm EDT Update
Keith Smith: Cleaning up some loose ends on TPEs for the Boston Celtics… The Celtics used the Daniel Theis $5M TPE to acquire Kris Dunn in the three-team deal with the Hawks and Kings. That leaves Boston with five current TPEs. Those TPEs and expiration dates are in the next tweet. 1/2
Keith Smith: Current Boston Celtics TPEs: $17,142,857- Evan Fournier – expires 7/18/22 $9,720,900- Tristan Thompson – expires 7/7/22 $5,096,479- Kemba Walker – expires 5/17/22 $500,000- Moses Brown – expires 6/27/22 $370,564- Jeff Teague – expires 2/11/22 Reminder: TPEs cannot be combined together! 2/2