Butler was acquired last off-season by the Timberwolves, who ended a streak of 13 consecutive seasons without making the playoffs, which was the longest active playoff drought.
The Timberwolves held their media day on Monday and Butler was excused from participating, but he did take his physical.
Butler skipped media day Monday, and is expected to miss training camp as he waits for the Timberwolves to find a deal. Butler's interest the Knicks may be overstated, according to Jeff Zillgitt of USA Today, as he wants to win now as opposed to later.
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.
But it's another if Thibodeau really is trying to hold onto Butler and ignoring what his boss has told him to do. The Sacramento Kings are also possibly another destination for Butler. Even more doubt exists about whether there's even yet alignment between Taylor and Thibodeau on a structure and a timetable for a deal, league sources told ESPN.
However, owner Glen Taylor said in a meeting with other front office executives recently in NY that Jimmy Butler is on the trade block, and not only that, Taylor is demanding that Thibodeau and Layden get to work finding a trade partner as soon as possible.
Wojnarowski adds that Cavs owner Dan Gilbert and Timberwolves owner Glen Taylor, who were both players in the trade that brought All-Star Kevin Love to Cleveland in exchange for former first overall pick Andrew Wiggins were seen talking privately at the NBA Board of Governors meeting on Friday.