After waiting all summer for an extension, Heat shooting guard Tyler Herro has agreed to a deal that could top many of his peers, writes Barry Jackson of The Miami Herald. Herro’s new contract, which takes effect next season, could pay him up to $130MM over four years, with $120MM guaranteed and the rest available through incentives.
Herro has the opportunity to earn more than the Knicks’ RJ Barrett, who recently agreed to a four-year, $120MM rookie scale extension, Jackson notes. Herro’s deal also exceeds the Celtics’ Jaylen Brown, who got a four-year, $107MM extension in 2019, and the Suns’ Mikal Bridges, who signed for four years at $90MM in 2021.
Herro’s base starting salary will be $26.8MM, which is a 20% discount from the projected max, tweets salary cap expert Albert Nahmad.
There’s more from Miami:
- The Heat may find it more difficult to find a taker for Duncan Robinson now that Herro’s extension is in place, according to Ira Winderman of The Sun-Sentinel. With Herro making just $5.7MM this year on the final season of his rookie contract, he was seen as a possible incentive in a deal for Robinson, but the poison pill provision will make Herro extremely difficult to move in 2022/23. Winderman states that the Heat will be limited financially unless they can find a taker for Robinson, especially with Max Strus headed toward free agency next summer.
- After four years of battling injuries, Victor Oladipo is just focused on staying healthy this season, Winderman adds in a separate story. “I really don’t have any goals or expectations for myself,” he said. “For this team, it’s to win a championship, obviously. But for me, it’s to contribute. Right now, I’m just focused on doing that. I think that sometimes, if we get too far ahead, or look too far back, that sometimes we can be disappointed, and sometimes you can lose sight of what is in front of you. For me, I’m just trying to stay in the moment.”
- Nikola Jovic struggled through Summer League, but veteran big man Udonis Haslem sees a lot of potential in the first-round pick, per Payton Titus of The Miami Herald. “[Jović] can score anywhere on the basketball court, can shoot with either hand, hard worker,” Haslem said. “Just experience, you know, experience is going to be the biggest thing that he’s going to need is this time over here working with us. The practice every day, competing, the physicality of it, getting in the weight room. And all those things are part of player development that we do very well here.”