Jimmy Butler Contract

Last Modified Dec 4, 2023 10:54 GMT
NameJimmy Butler III
Height6 ft 7 in (2.01 m)
PositionSmall forward/shooting guard
Age34 years
TeamMiami Heat
Net worth (On-court +Off-court earnings)$80 million (2023)
SalaryApprox. $45,183,960
Jimmy Butler Contract
Jimmy Butler

Jimmy Butler is one of the best players in the NBA today. Playing for the Miami Heat, Butler has the ability to play either as a shooting guard, small forward, or even power forward. Born in Houston, Texas, the six-time All Star had a very rough childhood. Even though his father left him and his family when he was an infant, and his mother at one point of time kicked him out of the house, Butler did not give up on life. He worked even harder to reach the highest level in the sport of basketball.

The 2011, first-round pick of the Chicago Bulls, Butler has been a consistent force to deal with on the basketball court. But what truly stands out is his gameplay during the playoffs which reaches a higher level. As a result, he is popularly known as ‘Playoff Jimmy’ in the NBA World.

Coming into the NBA, Butler was not seen as one of the top players. Even during his transition from high school to college, Butler was not ranked among the best basketball players. But when he came into the professional league, he didn’t take too long to start improving and reaching a whole new level on the court. And with that, he has now reached a point in his career where he can easily command a high-earning contract.

Jimmy Butler Contract

Current Contract$146.3 million over 3 years
Base salary (2023-24)$45,183,960
Cap hit (2023-24)$45,183,960
Dead Cap$45,183,960
Yearly Cash (average)$48,798,677

Jimmy Butler has recently signed a new contract with the Miami Heat. His new deal is a three-year contract worth $146,396,031 which he signed prior to the start of the 2023 season. As per this contract, his average annual salary comes to $48,798,677.

How much is Jimmy Butler getting paid?

For the 2023-24 NBA season, Butler will be earning a base salary of $45,183,960. As per his current contract, he will be earning an average annual salary of $48,798,677.

With an entry-level contract of roughly $1.3 million in average salary from 2011 to 2015, ‘Jimmy Buckets’ as he is fondly called has come a long way in the league where now he is earning almost $50 million in salary per year.

How much does Jimmy Butler make in a minute?

Currently, Jimmy Butler is pocketing around $85 per minute.

How much of Jimmy Butler's contract is guaranteed?

As per Jimmy Butler’s latest contract, $146,396,031 is guaranteed.

What are the terms of Jimmy Butler's contract?

Jimmy Butler’s current 3-year contract runs through the 2025-26 season. He will become an unrestricted free agent in 2026. The maximum allowed salary for the 2023-24 season is 120% of the 2022-23 season. Moreover, the 2025-26 season is a player option.

Jimmy Butler's Previous Contracts

When Butler was selected in 2011 as the 30th overall pick, he signed a four-year $5,209,508 contract that paid him an average annual salary of $1,302,377.

As he started developing his game, the 2021 steals leader earned his first big contract which he signed with the Chicago Bulls. This contract was a five-year $92,339,878 deal with an average annual salary of $18,467,976.

In 2019, he signed a humongous four-year $140,790,600 contract with the Philadelphia 76ers, but he played only one year with the team as he was then traded to the Miami Heat in 2019.

Jimmy Butler Career Earnings

Jimmy Butler’s career earnings have totaled $212,861,079 till the end of the 2022-23 NBA season.

SeasonTeamSalary
2011-12Chicago Bulls$821,748
2012-13Chicago Bulls$1,066,920
2013-14Chicago Bulls$1,112,880
2014-15Chicago Bulls$2,008,748
2015-16Chicago Bulls$15,257,500
2016-17Chicago Bulls$16,402,209
2017-18Minnesota Timberwolves$17,546,918
2017-18Chicago Bulls$604,152
2018-19Minnesota Timberwolves$2,640,060
2018-19Philadelphia 76ers$16,051,567
2018-19Chicago Bulls$604,152
2019-20*Miami Heat$30,695,625
2020-21Miami Heat$34,379,100
2021-22Miami Heat$36,016,200
2022-23Miami Heat$37,653,300

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FAQs

A. Jimmy Butler has played for four different teams in the NBA, the Chicago Bulls, the Minnesota Timberwolves, the Philadelphia 76ers, and the Miami Heat.

A. Jimmy Butler has played 13 seasons in the NBA. The current 2023-24 season is his 14th.

A. No, Jimmy Butler is yet to win an NBA Championship despite being in the Finals on 2 occasions.

A. Jimmy Butler is 6 ft 7 in (2.01 m) tall. 

A. Jimmy Butler can play the shooting guard, small forward, or the power forward. 

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