Butler and the Heat can finalize the deal over the next week and officially come to terms after Friday, when he’s eligible to extend the initial deal he signed with the Heat in 2019.
He was key in recruiting free agent point guard Kyle Lowry, who announced on Instagram that he was joining the Heat, and did so knowing he was going to be locked in with the Heat into the future.
Butler, 31, is coming off an All-NBA season in which he averaged 21.5 points, 6.9 rebounds, 7.1 assists and a league-best 2.1 steals per game.
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