Jimmy Butler Net Worth, Salary and Endorsements

Posted on by Jim Smarts

Jimmy Butler is an American professional basketball player who plays for Miami Heats in the NBA. He was drafted with the 30th pick overall in the 2011 NBA draft by the Chicago Bulls. From that point forward, he has played for Minnesota Timberwolves, Philadelphia 76ers, and Miami Heats. He is a five-time NBA All-Star, three-time all NBA Third group, and four-time All NBA Defensive Second Team. Aside from these amazing highlights, he has likewise won the Gold Medal with the United States of America Senior Basketball team at the 2016 Olympics.

Jimmy Butler earns $36 million per year, consisting of $24 million in salary & winnings and $3 million in endorsement deals. As of December 2018, his total career earnings topped $60 million. The American sharpshooter’s earnings have been massively hit due to the coronavirus pandemic. Butler joined Miami Heats in 2019 with a huge $142 million deal through a sign-and-trade agreement with the Philadelphia 76ers for four years.

Jimmy Butler’s net worth

The Houston-born small forward Jimmy Butler is estimated to be worth around $27.3 million in 2021.  According to his current contract, Butler earns around $24.6 million in salary and winnings at Miami Heats, which runs till 2023. According to Forbes, he is ranked 52nd among the world’s highest-paid athletes in 2020.

https://www.youtube.com/watch?v=X8qCiPe9kZw

Butler’s endorsements

Butler earns around $3 million through various endorsements and arrangements, according to Forbes. He has been associated with various brands such as AQUAhydrate, Beats by Dre, Bonobos, Five Four, Hyperice, Anheuser-Busch Inbev, Jordan, Li Ning others.

Jimmy Butler signed a multi-year contract with Li Ning. The deal with the Chinese sneaker company will bring Butler his signature sneaker. The Miami Heats superstar will wear the Li-Ning Yushuai 14 Boom model during the ongoing season. The financial terms of the agreement have not been made public, but the deal will make Butler the face of the brand.

He terminated his contract with Adidas to take up Michael Jordan’s brand for lesser pay. However, during the 2019-20 NBA season, he cut ties with Jordan, ten months ahead of the deal’s expiry.

Jimmy Butler’s agents

Jimmy Butler has many agents who assist him regarding the endorsements, contracts, etc. Andrew Kenward, Rob Koslowsky, Doug Luchterhand, Kevin Shivers, and Dave Wirtschafter are his four agents working with him.

Jimmy Butler Charity

In 2015, Jimmy Butler was out with an injury, and he made good use of his injury by making charitable contributions and raising awareness about childhood hunger. He also visited the Phoenix Military Academy, where the schools said that he donated $10000 for every three-pointer he scored with one hand. During his stint with Miami Heats, he worked with the team’s community partners and offered mentorship to the city’s youngsters. His amazing gestures and efforts won him NBA Cares Community Assist Award that year. 

Butler’s other sources of income

The Miami Heats star has his own Youtube channel, which has 718,000 subscribers at the moment. During last year’s NBA Playoffs inside the bio-bubble, Butler started a coffee shop named ‘Big Face Coffee.’ He operated it from outside his room using his French press coffee brewer and charged $20 for a cup of coffee.