By Anthony Caruso III | Publisher
As expected, Philadelphia 76ers guard Jimmy Butler has declined his option for the 2019-20 season. He will now become a free agent.
He had a $19.8 million for the 2019-20 season. He had until June 29 to either opt-out, like he did, or opt-in.
Butler will not be able to sign with a team until June 30th at 6 pm. Once he hits the open market, the 76ers can offer him more money.
Despite Philadelphia having the option to sign him to a deal worth the most money, Butler is going to be heavily pursued in free agency. The Los Angeles Lakers are expected to be one of the favorites to sign Butler.
The star — who was acquired in a blockbuster deal with the Minnesota Timberwolves in November — indicated that he would re-sign with the team. Now is the team to see if he’ll keep his word.
He was acquired with Justin Patton on November 12, 2018. In exchange for Butler and Patton, Philadelphia traded Jerryd Bayless, Robert Covington, and Dario Šarić.
Minnesota also received a 2022 second-round draft pick.
The 76ers can offer him a deal of five-years, $189.6 million. However, other teams can offer him a four-year, $140.6 million.
“Knock on wood, I will get a max contract no matter where I go,” Butler stated at his exit interview last month. “You always want to be able to win. I think that’s key, for sure. You’re looking at coaches, you’re looking at the city. There’s a lot that goes into it.”