Stop me if you’ve heard this one before.
Minnesota and Miami were pushing hard and progressing toward a trade that would have sent Jimmy Butler to Miami, but the Timberwolves moved the goalposts at the last minute and the deal fell apart. From Adrian Wojnarowski of ESPN.
While the Clippers, Rockets, and others have hung around the fringes, I have heard from sources as well that Miami was the only likely destination in the short term. The Heat have no cap space to sign Butler as a free agent (unlike the Clippers next summer) so there is an urgency to their efforts. However, while Butler continues to sit out training camp, other teams feel the asking price for a potential Butler rental is too high and Butler is frustrated with that. While Tom Thibodeau may be holding out for the player he wants, the demand for quality players (young and veterans) plus cap relief has been too steep for teams. There remains a sense around the league what Thibodeau really wants is to get Butler into camp and playing with the team again, not trade him.
The fact owners were involved makes it feel like a deal could get done, but at some point Miami may be willing to walk away from the table for a while.