The NBA sector of the internet was in a frenzy Friday afternoon when Darren Wolfson reported that, according to Minnesota Timberwolves owner Glen Taylor, Jimmy Butler has turned down a four-year, $110 million max contract extension offer from the Timberwolves.
#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
The offer was the best the Wolves could do at this point in time, signaling to Butler that they are willing to offer him max dollars next offseason as well. Butler will be eligible for four-year, $141 million offers from other teams and a five-year, $188 million extension from Minnesota during the 2019 NBA offseason ($78 million more than the max offer he declined).
Unfortunately, this non-news story has become a news story thanks to the lovely click-bait environment of social media. Butler turning down this offer does not increase or decrease the chances he stays in Minnesota past next season. And it certainly does not mean that Butler is unhappy with the Wolves, as this tweet from the Yahoo! Sports official NBA account suggests.
Jimmy Butler showing just how unhappy he is with the Timberwolves after turning down a 4-year $110-million contract extension pic.twitter.com/1SDhrrh8WA— Yahoo Sports NBA (@YahooSportsNBA) July 13, 2018
The Timberwolves front office understood that Butler would be declining this offer. They simply extended the offer anyway to show his value to the franchise. That’s it. That’s all there is to the story.