An American professional basketball player, Jimmy Butler is worth $60 million. Formerly with the Chicago Bulls and Miami Heat, Butler is a familiar face to fans of the National Basketball Association. Butler immediately gained the moniker “Jimmy Buckets” after being picked in 2011 after playing collegiate basketball for a few years.
He is a five-time NBA All-Star, a four-time All-NBA Team selection, and a five-time All-Defensive Team selection. On top of all that, he was awarded the NBA’s Most Improved Player title for 2015.
|Net Worth:||$60 Million|
|Date of Birth:||Sep 14, 1989 (32 years old)|
|Height:||6 ft 7 in (2.01 m)|
|Nationality:||United States of America|
On September 14th, 1989, in Houston, Texas, a boy named Jimmy Butler III was born. Jimmy Butler was on the streets by the age of 13 after his father abandoned him as an infant. In the years that followed, he lived with a number of different friends after being kicked out of his mother’s house.
Many years later, Butler disclosed that even though his parents both abandoned him at an early age, he still maintains a close relationship with each of them. It didn’t take long for Jimmy’s basketball skills to be noticed during his high school years.
.@JimmyButler says his overall goal for Big Face is to create a premium coffee experience with high-quality products while building a coffee community where people of all walks of life can connect. https://t.co/mxCv8EHb00
— Fast Company (@FastCompany) April 7, 2022
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He was then accepted into the household of Jordan Leslie, a future NFL standout who was attending the same school. Butler was averaging 19.9 points per game by the time he was a senior. Even though he had excellent grades and test scores, he didn’t get many college offers after he graduated.
After just one season at Tyler Junior College, his abilities were quickly recognized by college coaches and the general public at large. Jimmy then attended Marquette University, where he was awarded an athletic scholarship. It took him a few years, but he eventually reached a point average of 15.7 per game by his senior year.
Salary and Contracts
Jimmy agreed to a new five-year, $95 million contract before the start of the next season. As the season progressed, his play became increasingly impressive, culminating in a season-high 43 points against the Detroit Pistons.
Then, against the Toronto Raptors, he broke Michael Jordan’s single-half scoring record with 40 points. Jimmy Buckets scored 53 points in a game against the Philadelphia 76ers as the season progressed. In the next week, though, he suffered a knee injury that sidelined him for the next month.
Injuries like this would plague him throughout the rest of the year. Butler remained with the Bulls for one more season before being sent to the Minnesota Timberwolves in the offseason. He was forced to have surgery on his right knee as a result of additional injuries. The Philadelphia 76ers acquired Jimmy after he demanded a trade after just one season. Before joining the Miami Heat in 2019, he spent a single season with this team.
Butler declared his NBA draught eligibility in 2011 when he dropped out of college. As the 30th overall choice, he was drafted by the Chicago Bulls. Due to the fact that he spent most of his first season sitting on the sidelines, Jimmy’s career started off slowly.
Due to a lockout, the season was also cut short. In the next season, Jimmy’s situation much improved, as he played in all 82 games for the Chicago Bears. After a poor start to the season, he was able to get more playing time and score 28 points in the game against the Raptors.
Although he played more minutes per game than ever before in 2013-2014 due to injuries, Butler missed 15 games. As a result, he was selected to the NBA All-Defensive Second Team at the conclusion of the campaign. He has 32 points in a game against the Denver Nuggets in 2014-2015.
After that, he went on a 35-point scoring spree against the New York Knicks. Despite this, Butler was able to play well in the playoffs after a second injury. In the end, he was named the NBA’s Most Improved Player. It was the first time the honor had gone to a Bulls player.
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|Minutes Played||60 @ Magic on 01/15/14|
|Points||53 @ Sixers on 01/14/16|
|Rebounds||18 v. Hawks on 12/10/19|
|Assists||15 v. Wizards on 12/28/21|
|Steals||7 @ Magic on 12/23/20|
Expenses and Compensation
One decade of NBA pay for Jimmy totaled $140 million. In addition, he made tens of millions of dollars in endorsement deals. He agreed to a four-year, $140 million contract in July of this year. With this deal, Jimmy’s NBA base pay increased to $32 million annually.
Butler opted to downsize from his River North, Chicago, mansion in 2017. He sold the house for $4.2 million, a far cry from the $5 million he had originally put it on the market for. A price reduction to $4.6 million was first made and he then settled on $4.2 million.
Butler had purchased the property for $4.3 million in 2015, therefore this resulted in a net loss. The home has a total living area of 10,000 square feet and has six bedrooms. Besides the three-car garage, the house has a 750-bottle wine cellar, a rooftop terrace, a home cinema, and a game room.
Butler reportedly engaged in a number of real estate transactions in 2018. A freshly constructed River North building was the initial purchase for him, and he made two condos there. For more than $1 million, these two residences were purchased One of the two condos was put on the market for $1.45 million by Jimmy right away. Located on the fifth floor, this home offers three bedrooms and was acquired for $1.239 million.
It has a total floor area of 1,663 square feet. Wooden floors and a private elevator entry are among the additional amenities. According to reports, Jimmy purchased a second condo for just under $2 million and planned to keep it for himself.
This year, Jimmy Butler put his Pennsylvania mansion on the market for the first time. Property in Ambler with a $6.8 million price tag was put for sale on the market. Originally constructed in 1913, the house now occupies a 7.8-acre plot. In addition to the six bedrooms, there are 14,000 square feet of living space in this home. In addition, there’s a wine cellar and a home theatre system.