1) Jimmy Butler is a restricted free agent, and the Bulls can match any offer he signs with another team and retain him.
2) The Chicago Bulls are very, very high on Butler and want to keep him.
With that background, we pass the report that what Butler wants to do is play for the Lakers. Via Mark Medina of the Los Angeles Daily News:
Lastly, Chicago forward Jimmy Butler hopes to take his talents elsewhere and take advantage of the new television deal after his career year coincided with Tom Thibodeau’s firing and Derrick Rose’s chemistry issues. Although Butler wants to sign a one-year deal with the Lakers, according to a league source familiar with his thinking, the Bulls are expected to match any offer for the restricted free agent.Two quick thoughts here. First, Butler does want to sign a shorter deal, not a five-year max contract, and the Lakers have been dropped as a team he is interested in before. Second, the Lakers cannot extend a one-year offer sheet. It’s part of the complexities of the salary cap, something Mark Deeks breaks down here, if you want to read about it in detail. Just know it has to be at least a two-year offer from the Lakers.
This is an agent trying to use the Lakers to leverage the Bulls. There will be a lot of that this season, whether it is Dwyane Wade or a host of others, if an agent is looking to create leverage he’ll use the big market and wads of cash that the Lakers have to do it.
This is simply an effort to get the Bulls to offer Butler a shorter deal and not the five-year max, because like everyone Butler would love to tap into that television money that is about to start flowing into the NBA in 2016.
If the Bulls offer the max, the Lakers would have to offer at least three years under the CBA, and the Bulls would just match that offer sheet if Butler signed it. If Butler really wanted out of Chicago, his only option would sign a one-year qualifying offer at $4.4 million and leave more than $85 million in guaranteed cash on the table, then he could be a free agent next summer.