Jan 31, 2014; Orlando, FL, USA; Milwaukee Bucks small forward Caron Butler (3) reacts from the court against the Orlando Magic during the second half at Amway Center. Orlando Magic won 113-102. Mandatory Credit: Kim Klement-USA TODAY Sports

NBA Buyout Rumors: Milwaukee Bucks reach buyout agreement with Caron Butler

In a move that was expected to happen this week, the Milwaukee Bucks have reached a buyout agreement with veteran forward Caron Butler, sending him to waivers and eventually the free agent market. Adrian Wojnarowski reports that the agreement has been made, but the details of which are not known.

This was expected to happen, as Butler has been looking to get out of Milwaukee and the Bucks obliged him. When buyout talks first started surrounding Butler, the Miami Heat became a frontrunner to land him once bought out. The Heat drafted Butler back in 2002 and are now looking to add him for wing depth in the postseason.

Butler will have to clear waivers first and the Heat aren’t his only suitor, as the San Antonio Spurs and Oklahoma City Thunder are interested as well. It’s not often that a guy like Butler is a top free agent target, but the buyout season has historically been kind to veteran talent like Butler.

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Tags: Caron Butler Miami Heat Milwaukee Bucks