Heat Sign Second-Rounder Pelle Larsson

The Heat have officially signed second-round pick Pelle Larsson to his first NBA contract, the team announced today in a press release.

Larsson was selected with the 44th pick in this year’s draft. The Rockets technically made the selection on Miami’s behalf, then sent the rookie’s rights to the Heat in a three-team trade that also involved the Hawks.

Larsson played three years of college ball at Arizona after spending his freshman season at Utah. In 2023/24, the 6’5″ wing averaged 12.8 points, 4.1 rebounds, and 3.7 assists in 30.1 minutes per game across 36 starts for the Wildcats, with a strong .519/.426/.750 shooting line.

Terms of Larsson’s deal weren’t disclosed by the Heat, but Anthony Chiang of The Miami Herald (Twitter links) hears that the team used the second-round pick exception to give him a three-year contract that starts at the rookie minimum (approximately $1.16MM). That means he’ll occupy a spot on Miami’s 15-man roster and the club will hold an option on him for the 2026/27 season.

The deal will be fully guaranteed in 2024/25, with a significant partial guarantee in year two, tweets Michael Scotto of HoopsHype.

The Heat have been busy on the transaction wire in the last 24 hours. Besides finalizing Larsson’s contract, they also signed a trio of players to two-way deals and completed Kel’el Ware‘s rookie scale contract.

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