The Miami Heat’s efforts of completing a sign-and-trade deal to acquire Philadelphia 76ers star Jimmy Butler hit a snag on Sunday night when the Dallas Mavericks bailed out of the proposed three-team transaction.
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Despite that setback, an early morning report indicated that the deal is expected to be completed sometime on Monday, either with a new offer to the Mavericks or an entirely new team.
The original deal fell apart over a misunderstanding involving players the Heat had planned on sending the Mavericks in order to fit Butler within the salary cap. The Heat were apparently expecting to send Goran Dragic to Dallas, but the Mavericks reportedly had asked instead for Kelly Olynyk and Derrick Jones Jr.
The Heat had sent Josh Richardson to the 76ers in the trade, with no known complication resulting from that particular side of the transaction.
A sign-and-trade by the Heat was necessary since their current salary-cap situation precludes them from signing Butler as a free agent. Once the trade becomes official, however, he will be signed to a four-year, $142 million contract.
The deal for Butler, who had expressed his enthusiasm in potentially playing for the Heat, picked up speed on Sunday. The trade was announced later in the day, with the aforementioned complications then putting the deal in limbo.
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