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Report: Bulls SG Jimmy Butler plans to seek short-term contract

Chicago Bulls guard Jimmy Butler reportedly plans to seek shorter-term offer sheets in free agency.
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Chicago Bulls shooting guard Jimmy Butler plans to seek shorter-term offer sheets, reports Adrian Wojnarowski of Yahoo! Sports.

Butler will enter restricted free agency after reportedly turning down a four-year, $40 million offer from the Bulls in October.

Chicago is expected to offer Butler a five-year, max-level extension on July 1. With the NBA salary cap set to rise greatly with the 2016–17 season, Butler is not looking to lock himself into a long-term deal this summer, according to the report.

As a restricted free agent, Butler will be able to sign an offer sheet with any team, but Chicago has the right of first refusal and can match any offer.

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The Los Angeles Lakers have been reported to be among several teams expected to pursue Butler.

Butler, 25, had a breakout season in 2014–15. He averaged 20 points, 5.8 rebounds and 3.3 assists was named the NBA's Most Improved Player.

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