A person with knowledge of the negotiations says Jimmy Butler has agreed to a $142 million, four-year contract and will be traded to the Miami Heat by the Philadelphia 76ers.
Miami and Philadelphia were still working out some aspects of the swap, such as the addition of Dallas as the third team, according to the person who spoke to The Associated Press on condition of anonymity because the move had not been finalized.
"Where da cheesesteaks?" asked Miami's Josh Richardson, after the Heat agreed to send him to Philadelphia in what was shaping up as a complex three-team deal.
The Heat and Mavericks discussed multiple permutations of a deal, and hours after thinking something was done were still unable to actually close on something.
It doesn't mean the Butler deal is dead, especially because of all the moves that were made in reaction to his joining Miami. But the Heat clearly still have some more work to do in order to make everything work.
Butler met with the Heat right when free agency began at 6 p.m. Sunday and made clear that he wanted to be in Miami.