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With all parties desperate to make a deal as soon as possible, we should see the situation escalate this week and expect another big trade to take place.

In his meeting with Thibodeau on Monday in Minneapolis, Butler reiterated that he had no plans to play for the team again, league sources said.

Obviously other teams remain interested in Butler but, as of now, Miami and Cleveland are chasing the hardest.

Butler has been granted permission to not show up to Timberwolves media day on Monday, and he does not have to report to the team for the start of training camp on Tuesday. From there, Thibodeau continued and stated that Minnesota's needs as a franchise will be the centerpiece of any trade discussion.

Thibodeau and general manager Scott Layden initially rebuffed calls from teams as they had no intentions of parting with the veteran but Taylor has stepped in and made it clear that they must do business.

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Butler has really put Thibodeau and the Timberwolves in a tough spot here.

Butler, a four-time All-Star, was given the OK by the team not to participate in media day.

The Cleveland Cavaliers are unlikely to find a trade for Jimmy Butler, despite their interest, given that their only major piece, the newly re-signed Kevin Love, can't be traded for another six months, according to ESPN's Zach Lowe.

A first-round pick of the Bulls in the 2011 NBA Draft out of Marquette University, Butler has averaged 16.7 points, 5.3 rebounds, 3.0 assists and 1.5 steals in 43 playoff games, including 38 in Chicago and five with Minnesota. However, with no assurances Butler would return next summer, the Cavs would likely also ask for a first-round draft pick as well. Whatever happens with the Butler deal, the Kings are determined to use that $11 million in cap space and their expiring contracts to gather more assets for the future.