The New Orleans Pelicans are reportedly exploring the possibility of acquiring Miami Heat star Jimmy Butler in a trade centered around Brandon Ingram’s $36 million expiring contract, according to The Stein Line.
With Miami motivated to make a strong playoff push, the Heat are said to be interested in Ingram’s versatile scoring ability and offensive contributions.
The Pelicans, however, face a complex situation. Currently sitting well outside playoff contention, they are also keen to cut costs and get below the luxury tax threshold.
Presently, the franchise is approximately $1.5 million over the tax line, making financial considerations crucial to any potential deal.
Since Butler’s salary for this season is $48.8 million – substantially higher than Ingram’s – the Pelicans would likely need to include additional lower-salaried players to balance the trade financially and comply with league salary-matching rules.
Butler remains a high-demand player despite his hefty salary and contract terms.
The Phoenix Suns are reportedly his preferred trade destination, yet several other contenders have expressed varying degrees of interest, including the Golden State Warriors, Milwaukee Bucks, and Memphis Grizzlies.
The future financial implications for any team acquiring Butler are notable. He holds a $52 million player option for the 2025-2026 season, which would require any interested franchise to consider both his long-term fit and financial flexibility.
Should the Pelicans successfully land Butler, they may attempt to negotiate a contract extension to ensure he remains with the team beyond this season.
This move comes against the backdrop of previous unsuccessful negotiations between New Orleans and Brandon Ingram.
Despite his key role in the franchise’s recent campaigns, the two parties were unable to come to terms on an extension, leaving the Pelicans in a position where parting ways with their star forward may now make the most strategic sense.
As the trade deadline looms, all eyes will be on whether New Orleans can navigate the financial complexities and competitive landscape to secure a deal for Jimmy Butler – a move that could potentially reinvigorate their roster and chart a new course for the franchise.
Pelicans Pursuing Jimmy Butler Trade With Offer Centered On Brandon Ingram https://t.co/HipC3zQajS
— RealGM (@RealGM) January 31, 2025
