The Warriors are trading out Andrew Wiggins, Dennis Schroder, Kyle Anderson, Lindy Waters III and a protected first round pick for Butler. The pick is top-10 protected in 2025 and 2026, then unprotected in 2027 if it doesn't convey.
Schroder will be routed to the Utah Jazz. Additionally, PJ Tucker will be traded by the Jazz to the Heat. Josh Richardson and Waters will be traded to the Detroit Pistons.
https://basketball.realgm.com/wiretap/279129/Jimmy-Butler-Traded-By-Heat-To-Warriors-Agrees-To-Two-Year-$121M-Extension
Could be a really good trade by the Jazz if they can flip Schroder before the deadline as he has decent trade value.