The Rockets, Mavericks and Warriors are the teams most often linked to a potential Jimmy Butler trade, but none of them are considered certain to make a strong bid to acquire the Heat star, Marc Stein writes in his latest Substack column (subscription required).
Stein views Golden State as the most serious contender among the group, with sources telling him that the Warriors have expressed some interest in Butler and one informant saying the team wants to “take a swing” on a significant move by the trade deadline. Stein notes that Golden State attempted to land Paul George and Lauri Markkanen during the offseason, even though those efforts were unsuccessful. He adds that Draymond Green has experience playing alongside Butler on the U.S. Olympic team in 2016.
Houston has plenty of assets to offer in exchange for Butler, but Stein points to general manager Rafael Stone‘s stance that he doesn’t plan to pursue a major in-season trade. The Rockets have also let it be known that age considerations will be important if they do go after a star, making sure that player is on a similar timeline as the rest of their young core. That would seem to exclude any interest in the 35-year-old Butler.
Financial restraints will likely prevent the Mavericks from getting involved, Stein adds. They already have Luka Doncic and Kyrie Irving on max contracts, and both players will become eligible for new deals in July. Stein doesn’t believe Dallas is looking for another player like Butler, who is used to having the ball in his hands.
Butler, who has a $52.4MM player option for next season, has been open about his intention to pursue free agency. Meeting with reporters after Wednesday’s practice, he refused to commit when asked if he wants to finish his career in Miami.
“I don’t know,” he responded. “I’m pretty sure y’all are going to get a report that’s going to say otherwise anyways. So there’s no sense in me answering that question.”
Stein offers more inside information from around the NBA:
- The Wizards, Jazz and Nets are the primary sellers as the league’s unofficial trade season gets set to open Sunday, with a rival executive telling Stein, “When you call them, they’re willing to make a deal right now.” Stein hears that the Raptors, Trail Blazers and Bulls are also being monitored to see if they’re interested in parting with certain players. Sources tell Stein that Brooklyn is asking for at least one first-round pick in exchange for swingman Dorian Finney-Smith or point guard Dennis Schröder. Washington is “increasingly regarded as likely” to pursue trades involving Jonas Valanciunas and Malcolm Brogdon while listening to offers for Kyle Kuzma, who is in the second season of a four-year, $90MM contract.
- Sources tell Stein that the Pelicans have no interest in fielding offers for Herbert Jones despite the team’s disastrous 5-20 start. Jones is the team’s best perimeter defender and is under contract through the 2026/27 season.
- The Sixers aren’t expected to be active in December, according to Stein, because their most logical trade chip — KJ Martin — doesn’t become trade eligible until January 15.
- Scouts believe the Cavaliers will try to acquire at least one more wing before the deadline, Stein adds. Even though Cleveland is at the top of the East, there’s a belief that the team will need to upgrade its perimeter defense for the playoffs.
The Warriors are among the clubs that have expressed interest in those three players, sources tell Charania, who adds that rival teams believe Golden State is willing to use 
The 47th overall pick in the 2006 draft out of Louisiana Tech, Millsap spent his first seven seasons with the Jazz before signing as a free agent in 2013 with Atlanta. The 6’7″ big man made four straight All-Star teams with the Hawks before leaving for Denver as a free agent in 2017. He played for the Nuggets for four seasons, then spent his final season in 2021/22 with the Nets and Sixers.