Jimmy Butler Net Worth, Salary, Contract (2020)

Jimmy Butler Net Worth, Salary, Contract, Endorsements

What is Jimmy Butler’s net worth and salary in 2020? See how much Butler is worth, his NBA contract, and other interesting facts.

Jimmy Butler (born September 14, 1989) is a professional basketball player who plays in the National Basketball Association (NBA) for the Miami Heats. Dubbed “Jimmy Buckets,” Butler has progressed rapidly in the league to become one of the NBA’s top stars.

In 2015, Butler received the NBA Most Improved Player Award, and since then, his performance on the pitch has been outstanding. Butler, who has been playing in the NBA since 2011, has played for more than four franchises.

Currently playing for the Miami Heats, Butler has emerged as the Heats leading player. At the 2020 NBA Finals, Butler’s creative basketball prowess came to the fore as he tried to inspire his side to defeat the Los Angeles Lakers.

Though the Heats succumbed to the Lakers, Butler’s performance was laudable. He became the third player in the history of NBA Finals to record 40+ points triple-double.

He also recorded multiple triple-doubles in the Finals, making him the sixth player to do so. Though yet to claim an NBA Championship, Butler’s performance in the 2020 NBA Finals shows he may well be on his way to clinch the honor.

Career Highlights

  • 5× NBA All-Star (2015–2018, 2020)
  • 3× All-NBA Third Team (2017, 2018, 2020)
  • 4× NBA All-Defensive Second Team (2014–2016, 2018)
  • NBA Most Improved Player (2015)
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What is Jimmy Butler’s Net Worth?

As of 2020, Jimmy Butler’s net worth is valued at $25 million. When Butler arrived in the NBA, the Round one 30th pick of the 2011 NBA Draft could be said to be an average player. 

Compared to other top round 1 selections, Butler’s salary was relatively small. Butler continued to earn less than $3 million in annual salary for four seasons, but after clinching the 2015 Most Improved Player, his salary shot up from $2 million to $16 million. 

Ever since then, his salary has been on a steady rise. That rise had thus had a corresponding effect on Butler’s worth.

In 2020, Butler was among the top NBA players who made it to the Forbes highest-paid athletes list in 2020. Despite the pandemic’s effect on sports earnings, Butler raked in $27.6 million, which placed him at the 52nd spot on the list. 

Though most of the $27 million earning came from his salary, he managed to haul $3 million from sponsor Anheuser Busch InBev.

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How Much is Jimmy Butler’s Salary?

For the 2019/20 season, Jimmy Butler would earn $32,742,000, a 65% increase from what he earned in the 2019 season. Butler’s salary makes him the 11th best-paid player in the NBA and 7th best-paid guard this season. 

Next season Butler who is currently Miami Heats’ highest-paid player, would earn $34,379,100 in salary, which would see him become the 12th best-paid player and 8th best-paid guard in the NBA.

His salary next season would see him hold his spot as Miami Heats highest-paid player. 

Coupled with his 2020 season salary, Jimmy Butler has earned a total of $110,652,028 in salaries since he debuted in the NBA.

Jimmy Butler’s Contract History

After he was selected in round one of the 2011 NBA Draft by the Chicago Bulls, Jimmy Butler penned a $2.18 million two-year deal with the Chicago Bulls. 

In July 2015, he signed a five-year contract extension worth $92.3 million with the Bulls. 

Butler was traded to the Minnesota Timberwolves in June 2017. By November 2018, he was once again traded to the Philadelphia 76ers. 

Butler signed a $140.79 maximum contract with the 76ers in July 2019, and then traded to the Miami Heats.

Jimmy Butler’s Charity & Philanthropy

Jimmy Butler has been involved in numerous charity, and philanthropic activities, which has seen him receive the NBA Cares Community Assist Award. 

In 2014, Butler donated holiday gifts to 400 children at the Museum of Science and Industry, which he did in partnership with the Bulls and Chicago Housing Authority.

In 2015, Butler visited Phoenix Military Academy to raise awareness about childhood hunger in America, and he donated $20,000 after chatting with the students.

How does Jimmy Butler his Money?

After he was traded to the Minnesota Timberwolves, Jimmy Butler decided to put his house on Huron Street, on the market for $5 million. The house, which covers 10,000 square feet, was bought by Butler in 2014 for $4.3 million. 

In 2018, Jimmy Butler bought two condominiums in a 41-unit River North building, each for about $1 million. He eventually put one of the apartments back on the market for $1.45 million. 

Despite the fortune he owns, Butler drives a 2017 Toyota Sienna, which costs about $29,000.

Summary

Net Worth:$25 Million
Salary:$32.7 Million
Date of Birth:September 14, 1989
Age:31 years old
Nationality:American
Source of Wealth:Basketball Player
Endorsements:Anheuser Busch InBev
Last Update:2020

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Conclusion

Jimmy Butler’s net worth right now is evidence of his years of hard work in the NBA.

Although he entered the league as an average player, his determination for success led him to improve his performance.

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