Jimmy Butler, Chicago Bulls finalizing a five-year, $95M maximum contract with player option after four years, league sources tell Yahoo.
— Adrian Wojnarowski (@WojYahooNBA) July 1, 2015
According to Adrian Wojnarowski, Jimmy Butler and the Chicago Bulls are finalizing a five-year deal worth $95 million with a player option after the fourth season. Supposedly, teams quite simply gave up pursuing him, leading to Butler and the Bulls making a deal:
Teams pursuing Butler with offer sheet proposals have conceded and moved on, league sources said. Butler was a restricted free agent, and Chicago could've matched an offer sheet and retained him.
The Bulls must be overjoyed at this development, seeing as they won't have to re-visit these talks anytime soon. Butler could have taken Chicagos' QO and left after this season, or demanded a three-year with an opt-out. Instead, he's locking in for four full seasons, giving the Bulls ample time to build a championship roster around him.
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