Minnesota Timberwolves guard Jimmy Butler has declined a four-year, $110 million extension from the team, owner Glen Taylor tells KSTP.
Butler has two years left on a five–year, $92.3 million contract he signed as a member of the Chicago Bulls in 2016. He was traded to Minnesota the following offseason for Zach LaVine, Kris Dunn and Lauri Markkanen.
Taylor said they approached Butler's reps on a new deal early in the free agency period.
"They said they are really appreciative of it. We got to them right away, but they declined it," Taylor said.