The Phoenix Suns are rumored to be one team interested in Butler, but that involves the Heat taking Bradley Beal and the two seasons and $110.7 million remaining on Beal’s contract. Plus, Beal has a no-trade clause in his contract. The Suns would be willing to give Butler another financially significant contract.

The Brooklyn Nets, who are in the midst of a rebuilding process, have already made trades with the Golden State Warriors and the Los Angeles Lakers -- two teams led by future Hall of Famers hoping to make one last run at the NBA Finals.