Milutinović played college basketball for the San Diego–based U.S. International University.

[1][2] Milutinović had two stints for Crvena zvezda of the Yugoslav League.

In the 1993–94 season, he won the Yugoslav League with Zvezda and played together with Dragoljub Vidačić, Ivica Mavrenski, Saša Obradović, Mileta Lisica, Aleksandar Trifunović, and Dejan Tomašević.

[3] In the 2000–01 season, Milutinović played for German team Mitteldeutscher.

[4][5] During that season his team played FIBA Korać Cup where he averaged 14.8 points, 4.0 rebounds and 3.0 assists per game over four tournaments games.