Caron Butler, an unrestricted free agent who last played for the Dallas Mavericks, has narrowed his potential landing spots to four, reports ESPN's Chris Broussard. Two contenders -- the Chicago Bulls and San Antonio Spurs -- are reportedly offering their full mid-level exceptions worth a 2011-12 salary of $5 million. The L.A. Clippers and New Jersey Nets are, according to Broussard, offering deals starting around $7 million.
In related news, the Spurs will reportedly waive small forward Richard Jefferson using the amnesty clause, taking his $10 million salary off of the salary cap sheet. That could free up space for Butler. The Nets are also widely expected to waive Travis Outlaw, though a training injury suffered by that small forward could complicate matters.
The Bulls have Luol Deng at small forward, but seriously lack wing depth with Kyle Korver picking up the scarce minutes behind Deng last season.
On Wednesday afternoon, Butler tweeted that he had just completed a "great visit" with the Spurs.
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