Back to the Miami Heat Newsfeed

Sources: Miami Heat, Jimmy Butler progressing toward max extension worth up to $184 million

Related Topics: Jimmy Butler, Miami Heat

The Miami Heat and Jimmy Butler are progressing toward a maximum contract extension that could be worth up to $184 million over four years, sources told ESPN.

Butler and the Heat can finalize the deal over the next week and officially come to terms after Aug. 6, 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.