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Jimmy Butler Re-Signs with Bulls: Latest Contract Details, Comments, Reaction

Timothy Rapp@@TRappaRTFeatured ColumnistJuly 1, 2015

CHICAGO, IL - MAY 14: Jimmy Butler #21 of the Chicago Bulls stands on the court during a game against the Cleveland Cavaliers in Game Six of the Eastern Conference Semifinals during the 2015 NBA Playoffs on May 14, 2015 at the United Center in Chicago,Illinois NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2015 NBAE (Photo by Jesse D. Garrabrant/NBAE via Getty Images)
Jesse D. Garrabrant/Getty Images

A year ago, Jimmy Butler bet on himself by reportedly turning down a four-year, $40 million extension in the hopes he could garner a bigger contract this offseason. That bet paid off Wednesday, as Butler signed a five-year, $90 million maximum deal with the Chicago Bulls, per Brian Windhorst of ESPN.com.

The Bulls confirmed the deal on July 9, via Vincent Goodwill of CSN Chicago.

Per Windhorst, Butler will have a player option on the fifth year of the deal. On July 10, ESPN's Marc Stein noted Butler also received a $4.6 million signing bonus as part of the deal.

Butler, 25, was one of the breakout stars in 2014-15, making the All-Star team after averaging 20 points, 5.8 rebounds and 3.3 assists per game while giving the Bulls a go-to guard with Derrick Rose battling injuries. His ability to impact a game on both ends of the court, as he is also a good defender, made him a player the Bulls had to prioritize retaining.

Butler addressed rumblings he didn't get along with Rose in an interview with Seerat Sohi of Rolling Stone:

I don't think we have any issues. I think we're fine. I think we're two basketball players that want to win games. That's where I'll leave it at. I think we just wanna win, bring a championship the city, to the organization. I think that's our job. And I think we're gonna do whatever it takes to make that happen. I have a lot of respect for the guy.

While Butler had visits planned with other teams, per Windhorst, Steve Kyler of Basketball Insiders believes Butler's goal was to remain in Chicago:

President Obama @POTUS44

butler's a great player on o and d; let's sign him up long term. go bulls! https://t.co/IqbyUmcbmJ


President Barack Obama, who is a Bulls fan, weighed in on Butler's contract:

CHICAGO, IL - MAY 14: Jimmy Butler #21 of the Chicago Bulls stands on the court during a game against the Cleveland Cavaliers in Game Six of the Eastern Conference Semifinals during the 2015 NBA Playoffs on May 14, 2015 at the United Center in Chicago,Ill
Jesse D. Garrabrant/Getty Images

Given that Butler's first bet on himself last year worked out beautifully for the guard, it's hard to second-guess him for taking the security of this deal while also ensuring he can hit free agency again at the age of 29.

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