Miami Heat president Pat Riley revealed on Monday that the front office has not held internal discussions regarding a contract extension for star Jimmy Butler, although a trade doesn't seem to be on the table.
Riley told Tim Reynolds of the Associated Press that "we haven't in earnest discussed" an extension and noted that the Heat have until 2025 to decide on a potential offer.
However, the executive responded with a simple "no" when asked if Miami would consider trading Butler due to his contract situation (per Wes Goldberg of The Ringer).
This article will be updated soon to provide more information and analysis.