Jimmy Butler will opt out in 2025 and become a free agent.

I'm told (Jimmy Butler) will not be signing an extension with the Heat or any other team ahead of his opt-out in 2025 free agency,” per

@ShamsCharania

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Journalists have been arguing whether the Heat should build around Jimmy (by going all in to win now) or Bam Adebayo (by making long term investments). Jimmy decided for them, it seems (or knows that his days are numbered).