Heat-Wolves Trade Talks For Jimmy Butler Break Down

9:12pm: After several days of talks, the Heat asked the Wolves for a response to their latest trade offer today, tweets ESPN’s Adrian Wojnarowski. Minnesota has been dealing primarily with Miami and has had only a few “sparse” conversations with other teams, Woj adds.

Thibodeau is hoping Butler will rejoin the team for the start of the regular season if he hasn’t been traded. Butler hasn’t decided when he might return to the Wolves, but won’t miss regular season games if his wrist has healed enough to let him play (Twitter link).

7:40pm: The Heat made “significant progress” toward a deal involving Jimmy Butler this week before the Timberwolves proposed changes and talks broke down, tweets Marc Stein of The New York Times. The teams have been discussing a deal with an unidentified third club involved (Twitter link).

Miami is believed to be Butler’s preferred destination, which might help Minnesota get a better offer. The Heat are more likely than other teams to part with a significant trade package, knowing their chances are good to re-sign Butler if he opts out of his contract next summer.

Miami has reportedly been aggressively trying to acquire Butler since he issued a trade request to Wolves management last month. However, the Heat have been reluctant to part with Josh Richardson or Bam Adebayo and would prefer a deal focused around Justise Winslow, Goran Dragic or Hassan Whiteside.

The Rockets, Bucks and Clippers all remain contenders, but Minnesota has found the offers to be limited, according to Darren Wolfson of ESPN Radio 1500. Houston would part with Eric Gordon or P.J. Tucker; Milwaukee is offering Malcolm Brogdon and Eric Bledsoe, but not Khris Middleton; and Wolfson said L.A. remains “very, very interested.”

Butler has been absent from training camp as he waits for trade negotiations to be worked out. Wolves coach/executive Tom Thibodeau and GM Scott Layden reportedly resisted the idea of dealing Butler at first, but owner Glen Taylor wants it done as soon as possible. Minnesota’s regular season opener is two weeks from tonight.

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