The Miami Heat are finalizing a multi-team trade that will send Jimmy Butler to the Golden State Warriors, who will part with Andrew Wiggins, Dennis Schroder, Kyle Anderson, and a protected first-round pick, sources told ESPN’s Shams Charania.
Butler subsequently agreed to a two-year, $121-million contract extension through the 2026-27 campaign, Charania and ESPN’s Brian Windhorst add. He’s reportedly declining his 2025-26 option in favor of the new deal.
Miami is receiving Golden State’s 2025 first-round pick, which is top-10 protected, NBA insider Zach Lowe reports. The same protections apply in 2026 if the selection doesn’t convey this year and will be unprotected in 2027 should the pick not convey again, per Lowe.