Miami, FL

Miami Heat Suspend Star Jimmy Butler 7 Games After He Suggests Trade

Published

1 year ago

January 3, 2025

Miami Heat Suspend Star Jimmy Butler 7 Games After He Suggests Trade

Topline

Miami Heat star forward Jimmy Butler has been suspended for seven games, the team announced Friday, making the decision one day after Butler suggested a trade from Miami and said he lost his joy for basketball while playing for the team.

Butler joined the Heat in 2019. (Photo by Kevin C. Cox/Getty Images)

Getty Images

Key Facts

The Heat, which have appeared in two NBA Finals since Butler joined the team in 2019, said in a statement the suspension was due to “multiple instances of conduct detrimental to the team over the course of the season and particularly the last several weeks.”

The team noted Butler and his representative have indicated their desire for a trade and that “we will listen to offers.”

The suspension follows comments from Butler made after the Heat’s Thursday loss to the Indiana Pacers, with the six-time all-star telling reporters he wants his joy back from playing basketball elsewhere and wants to play with a “dominant” team (the Heat are in sixth place in the Eastern Conference).

Butler’s dissatisfaction with the Heat appears to be partially rooted in an implication from team officials that he did not play up to his ability in the Heat’s win against the New Orleans Pelicans on Wednesday, according to ESPN, as Butler returned from a 13-day illness leave to score just nine points.

Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here.

Forbes Valuation

Butler ranked No. 7 on Forbes’ list of the NBA’s highest-paid players in 2024, bringing in $48.8 million on the court and $10 million through off-court business ventures.

Key Background

Butler is now in the final year of his roughly $49 million per season contract with the team. Miami Heat president Pat Riley, who said about a week ago the team had no intention of trading Butler, has had a contentious relationship with the star player. Riley suggested Butler should keep his “mouth shut” after the forward said on social media the Heat would have avoided its first-round playoff exit last season if he were healthy and playing. Riley later announced the Heat would not extend Butler’s contract before the current NBA season. Butler is shooting a career-high 55.3% from the field this season, according to ESPN, which noted his teams have made playoff appearances in 12 of his 13 seasons in the NBA.

Former Titans GM mock Miami right tackle to the Cleveland Browns at 6

Published

12 hours ago

April 18, 2026

Press Room

Former Titans GM mock Miami right tackle to the Cleveland Browns at 6

The Cleveland Browns traded for an extended right tackle, former Houston Texan Tytus Howard, at the start of free agency as they began their rebuild of the offensive line that was awful in 2025. But Howard has played every position on the offensive line except for center, so if it’s all about getting your best five on the field, which it should be, there’s a chance Howard doesn’t play at right tackle in 2026.

While doing a mock draft on Peter Schrager’s podcast, former Tennessee Titans general manager Ran Carthon had the Browns drafting Miami (FL) right tackle sixth overall. He talked about the issue with Howard, but said Mauigoa could either take over the tackle spot or be a really good guard.

Carthon said he knows that Mauigoa would be one of their best five, whether it is at guard or tackle. Some will say that a guy who may be best at guard isn’t worth the sixth overall pick, and I have to disagree. You should draft the best football players, and Francis Mauigoa is my highest-rated offensive lineman and seventh overall. It might be at guard, but I have a good feeling that Mauigoa will find a home in the NFL as a high-quality offensive lineman.

Source link

Miami, FL

Inventory drops for first time since 2023 as sales rebound across coastal Miami, beaches

Published

1 day ago

April 17, 2026

Press Room

Inventory drops for first time since 2023 as sales rebound across coastal Miami, beaches

Inventory of homes and condos across the coastal Miami mainland and Miami Beach and the barrier island markets fell in the first quarter, marking the first big inventory drops since 2023.

The Corcoran Group’s first quarter reports don’t cover all of Miami-Dade County, but they offer insight into how the coastal markets, which have a higher share of luxury properties, are performing.

In Miami Beach, Sunny Isles Beach, Bal Harbour, Bay Harbor Islands, Surfside, Miami Beach, Fisher Island and Key Biscayne, single-family home inventory dropped 15 percent annually to 398 listings, and condo inventory was down 13 percent to 3,919 listings.

On Miami’s coastal mainland markets, which include Aventura, Miami Shores, Upper East Side, Edgewater, downtown Miami, Brickell, Coral Gables and Coconut Grove, inventory slipped 4 percent to 4,584 condo listings and 555 single-family listings, down 6 percent year-over-year.

Here’s a closer look at the market:

Miami Beach and the barrier islands

Single-family sales rose 13 percent year-over-year to 85 closings, the first time they have increased since the second quarter of 2024. Condo closings rose 15 percent to 693 closings, the first increase since the last quarter of 2024.

Pricing dropped, with the median price of single-family homes down 4 percent to $3.5 million and the median condo price down 9 percent to $640,000. The average price per square foot was nearly flat at $1,119.

Still, buyers set records with their purchases. Billionaire Facebook founder Mark Zuckerberg paid $170 million for the waterfront mansion at 7 Indian Creek Island Road, and Starbucks billionaire Howard Schultz paid $44 million, or $7,949 per square foot, for a penthouse at the Four Seasons Residences at The Surf Club.

Coastal mainland

Sales of single-family homes on the coastal mainland rose 16 percent to 220 closings. While markets like Coral Gables experienced declines in condo and single-family home sales, Coconut Grove home sales surged — up over 100 percent for single-family homes to 47 closings and up 55 percent to 87 condo closings. Condo sales rose 13 percent to 759 closings.

The median price of single-family homes across the coastal mainland rose 11 percent to just over $2 million. The median price of condos increased slightly, up 1 percent, to $602,000.

The priciest deals in the first quarter were the $32 million trade of 12 Tahiti Beach Island Road in Coral Gables, and the $19.8 million sale of a penthouse at Vita at Grove Isle.

Source link