Jimmy Butler has formally declined a four-year, $110 million contract offer from the Timberwolves, according to KSTP’s Darren Wolfson.
#Twolves All-Star Jimmy Butler has officially turned down the Wolves' 4-year, $110M range extension offer, per owner Glen Taylor. Full interview posting soon, which includes stuff on KAT extension talks, Thibs, filling out the roster, and #LosLynx.
— Darren Wolfson (@DWolfsonKSTP) July 13, 2018
“We offered him the extension and they met and came back to us and said that they’re really appreciative of it … but they declined it,” Wolves owner Glen Taylor told Wolfson.
Butler’s camp told Taylor that they want to wait until next year when Butler can sign a much larger contract.
Multiple reports previously indicated that Butler was planning to decline the offer.
One report – from Joe Cowley of the Chicago Sun-Times – said that Butler has no intention of signing any long-term extension with the Wolves because he’s “fed up” with young players on the team, specifically Karl-Anthony Towns.
As for Karl-Anthony Towns, Taylor said they’ve offered him a maximum contract extension and he’s “sure” Towns will sign it.
