Butler would likely be a fit with Heat coach Erik Spoelstra's defense-first style, but Miami was not on his initial list of preferred destinations.
The deal will pay Towns, 22, more than he could make with any other team under a rule in the collective bargaining agreement that allows teams to pay a home-grown player coming off his rookie contract 35 percent of the National Basketball Association salary cap.
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The issue is that Butler continues to tell Thibodeau he wants out of Minnesota.
Thibodeau, it seems, is hoping Butler will at least consider playing out that free-agency season in Minnesota.
We've chosen these teams going down the pecking order from the western standings last season, so obviously we'll get to the bottom of the barrel in the west for our next post.
There were possible rumors that Butler would be traded by late-Sunday night, but alas that didn't happen and here we are waiting for the Wolves to make a decision. There have been bubbles of optimism that Taylor has convinced Layden and Thibodeau to follow his edict to trade Butler soon, but those have so far given way to renewed uncertainty and hazy chains of communication. Glen, Scott, myself, I think we've made that clear to everyone.
Klopp in awe of Sarri as Liverpool and Chelsea prepare for double-header
And he still believes the Swiss can turn out to be a good player for Liverpool as he has the ability to turn games on his own. Klopp was asked about that on Tuesday, and said: "He said we are one year ahead?" "You need to get used to it".
The Timberwolves signed wing Andrew Wiggins, a No. 1 draft pick of the Cleveland Cavaliers in 2014, to a max contract before last season, four years for a guaranteed $147.7 million.
Information from ESPN's Zach Lowe was used in this report.
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