Tyler Herro Rumors | Hoops Rumors

Heat Notes: Spoelstra, Trade Restrictions, Haslem, Cain

October 30th, 2022 at 10:53am CST by Arthur Hill

Heat coach Erik Spoelstra is frustrated by what he has seen from his players during their 2-5 start, writes Barry Jackson of The Miami Herald. After finishing with the best record in the East last season, Miami has been plagued by lax defense and poor shot selection, both of which were on display as the team was outscored 71-49 in the first half Saturday by the previously winless Kings.

“Right now, this is about the collective group, how are we going to impact this thing together to impact winning,” Spoelstra said. “If we try to do it any other way, it’s going to lead to an incredible amount of frustration. Anybody that is trying to do it on their own or anybody that is trying to self will it or anybody trying to work any individual goals with this, it ain’t going to work, it ain’t going to work on either end.”

One of the few Heat players who had a good game in Sacramento was Tyler Herro, who scored 34 points, although Spoelstra dismissed it as “not in a winning effort.” Herro, who is adapting to a new role as a starter this season, said the team needs to upgrade its defense, which currently ranks 18th in the league.

“After taking five losses, especially after the first half tonight, it’s time we… lock in and decide what type of team we want to be,” Herro said. “If we’re going to just get in shootouts like in the first half, then that’s the kind of team we want to be. I know we hang our hat on defense, so we’ve got to cover for each other.”

There’s more on the Heat:

Miami has limited options for roster moves because Dewayne Dedmon and injured guard Victor Oladipo are both under trade restrictions that prevent them from being moved until January 15, Jackson adds in a separate story. He states that outside of Jimmy Butler and Bam Adebayo, the rest of the team has little trade value.
Udonis Haslem saw rare first-quarter minutes Saturday, which shows the Heat’s lack of depth in the frontcourt, notes Ira Winderman of The Sun-Sentinel. The 42-year-old power forward was actually the first player off the bench, replacing Adebayo after he picked up his second foul. Miami was missing Dedmon, who is suffering from an upper-respiratory infection and a foot issue, and Omer Yurtseven, who is rehabbing an injured ankle, but it appears Haslem might have a larger role than originally expected.
Jamal Cain, who earned a two-way contract with a strong preseason performance, will be sent to the team’s G League affiliate in Sioux Falls, Winderman adds. First-round pick Nikola Jovic, who has seen limited playing time in three games, may be headed there as well once Dedmon and Yurtseven are able to play.

Heat Notes: Herro, Martin, Adebayo, D. Smith, Garrett

October 14th, 2022 at 8:58am CST by Arthur Hill

The Heat unveiled their new-look starting lineup for the first time this preseason in Wednesday’s victory over the Pelicans, writes Anthony Chiang of The Miami Herald. Tyler Herro and Caleb Martin have joined Kyle Lowry, Jimmy Butler and Bam Adebayo in the first unit and they were impressive in their first outing, outscoring New Orleans 60-48 in the 20 minutes they were on the court together.

Herro, the reigning Sixth Man of the Year, has the starting job that he said he wanted after the end of last season. His future in Miami is secure after receiving a contract extension that could be worth $130MM over four years, and he’s ready to take on a slightly different role in the offense.

“Having Jimmy, Kyle, Bam out there with me allows me to play off the ball a little bit more,” Herro said. “It allows me to just be a spacer. If I’m open, they kick to me and I just knock it down or play out of a close-out. It’s hard to guard me when guys are closing out to me.”

Martin moved into the starting role that opened when P.J. Tucker left for Philadelphia in free agency. He’s undersized for the power forward position, but he’s athletic enough to be an asset on a team that switches frequently on defense.

“I think Caleb has been doing exceptionally well,” Butler said. “I’m talking about switching, making shots, being aggressive, being a great teammate. It’s tough to do what P.J. does, but I think Caleb does it extremely well.”

There’s more from Miami:

The Heat want Adebayo to assume a larger role in the offense, and his preseason numbers are pointing in that direction, Chiang tweets. Per 36 minutes, Adebayo averaged 31 points on 19.4 shots and 12.1 free throws in three games, compared to 21.1 points, 14.4 field goal attempts and 6.7 foul shots last season.
Signing Dru Smith to a two-way contract is likely the team’s last personnel move before the start of the season, according to Ira Winderman of The Sun-Sentinel. However, he notes that five players held two-way deals with Miami in 2021/22, so those spots could change as the season progresses.
The decision to waive Marcus Garrett was related to his fractured wrist, but his role with the team was already shaky because his offense hasn’t improved, Winderman adds. Once Garrett recovers, the Heat may consider sending him to the G League or bringing him back in a two-way role.

Southeast Notes: Beal, Porzingis, Rozier, Bridges, Herro, Magic

October 12th, 2022 at 2:12pm CST by Luke Adams

The Wizards‘ two stars remain on track to be available for the team’s regular season opener next week. Bradley Beal, who briefly entered the NBA’s health and safety protocols, was cleared on Monday following a negative COVID-19 test and has since rejoined the club at practice, according to Ava Wallace of The Washington Post and Chase Hughes of NBC Sports Washington (Twitter links).

Meanwhile, Kristaps Porzingis sprained his left ankle during Monday’s preseason game vs. Charlotte, but that injury is considered very minor, Hughes writes for NBC Sports Washington.

“I already knew it was nothing major. I wanted to go back in in the second half,” Porzingis said. “But I just wanted to be smart, they told me to relax and get ready for the next one or for the regular season.”

Here’s more from around the Southeast:

The Hornets, who aren’t exactly loaded with point guard depth, are expected to shift Terry Rozier over from his shooting guard spot to take on additional ball-handling responsibilities while LaMelo Ball recovers from an ankle sprain, according to Rod Boone of The Charlotte Observer. “Look, Terry was the starting point guard on a team that went to the Eastern Conference Finals,” head coach Steve Clifford said, referring to the 2018 Celtics. “So it’s a role that he’s comfortable with. And if that ends up being the situation, that’s how we’d do it.”
The preliminary court hearing for Hornets forward Miles Bridges has been delayed yet again, according to Baxter Holmes of ESPN, who tweets that the new date is October 17. That hearing for Bridges, who has pleaded not guilty to three felony domestic violence charges, was initially scheduled for August 19.
Trading Tyler Herro after signing him to a rookie scale extension would have been tricky due to the poison pill provision. However, that didn’t stop the Heat from making their initial extension offer to the fourth-year guard on July 1, even as they remained involved in the Kevin Durant sweepstakes, writes Barry Jackson of The Miami Herald. According to Herro, that original offer was worth $100MM over four years. He eventually accepted once the Heat upped their offer to a guaranteed $120MM. “Thirty million a year is what I thought I was worth,” Herro said.
Khobi Price of The Orlando Sentinel takes a look at how the Magic intend to compensate for the play-making they’ll be missing with guards Markelle Fultz (toe) and Jalen Suggs (knee) sidelined to start the season. “We talk about this often — sometimes injuries provide opportunities for others,” head coach Jamahl Mosley said. “With that being said, Franz (Wagner) will have an opportunity to handle the ball more, Paolo (Banchero) will handle the ball more. We play maybe a little bit more — as you saw last year — through Wendell (Carter). Those are going to be the opportunities to happen as we move forward.”

Heat Notes: Herro, Cain, Jovic, Oladipo, Haslem

October 8th, 2022 at 12:53pm CST by Dana Gauruder

The Heat initially offered Tyler Herro a four-year rookie scale extension with $112MM in guaranteed money and incentives that would have pushed its value to $128MM, Joe Vardon of The Athletic reports.

Miami eventually upped the ante, with Herro signing a four-year deal with $120MM in guaranteed money and another $10MM in incentives.

“I wanted to be here and they wanted me here, so I mean, it was something we both wanted to get done,” Herro said. “We’re paying a lot of guys now. … so it was just getting the right number. I think it’s a good deal for both sides.”

We have more on the Heat:

Herro didn’t play in the back-to-back preseason games on Thursday and Friday due to a knee contusion, Anthony Chiang of the Miami Herald notes.
In the same notebook, Chiang writes that Oakland University rookie Jamal Cain may be forcing the team’s hand with some impressive preseason performances. Cain, who is on an Exhibit 10 deal, had 15 points on 6-of-10 shooting from the field, 11 rebounds and five steals in 27 minutes against Brooklyn on Thursday and 19 points, six rebounds and three assists against the Grizzlies on Friday. Cain may not pass through waivers without being claimed, so Miami will have to consider converting him to a standard deal or a two-way, though both of the team’s two-way slots are currently filled.
Along with trying to make his mark on the team, Nikola Jovic is in the midst of finishing high school, Tim Bontemps of ESPN writes. Jovic still has to take one more comprehensive exam to get his high school degree from his Serbian school. He skipped the exam during the spring while undergoing draft workouts.
Victor Oladipo hasn’t played in the preseason as the Heat are taking a cautious approach with the oft-injured guard, according to Chiang. Oladipo re-signed with the club on a two-year, $18.2MM contract this summer. “We’re just getting him ready and that’s really it,” coach Erik Spoelstra said. “He had a very good camp, he’s doing some really good work right now and we want to keep in this good place.”
Playing 20 seasons with one franchise, putting him in rare company, was one of the reasons why Udonis Haslem decided to keep his career going this season, ESPN’s Israel Gutierrez writes in a lengthy interview with the 42-year-old big man. “I want kids somewhere to say, ‘I want to have a career like Udonis Haslem — undrafted, worked for everything I got, won three championships, retired and went into ownership with the same organization I played with for 20 years,” Haslem said.

Heat Notes: Herro, Cap Outlook, Adebayo, Yurtseven

October 5th, 2022 at 4:00pm CST by Luke Adams

When the Heat signed Tyler Herro to a long-term deal on Sunday, this year’s rookie scale extension deadline was still over two weeks away. But Herro told reporters, including Anthony Chiang of The Miami Herald, that he was happy with the Heat’s offer and didn’t feel the need to take negotiations down to the wire to try to squeeze out a few more million.

“It was a number I couldn’t pass up,” Herro said. “It wasn’t worth going into restricted free agency. And at the end of the day, this is where I want to be. … So it made sense.”

Herro’s new contract has a base value of $120MM and can technically be worth up to $130MM, but his incentives won’t be easy to achieve. As Anil Gogna of NoTradeClause.com details (via Twitter), Herro’s various bonuses are tied to being named to an All-NBA team, winning the MVP, and/or being named Defensive Player of the Year.

Here’s more on the Heat:

With Herro locked up for the next five seasons, the Heat will face a cap crunch going forward, according to Chiang and Barry Jackson of The Miami Herald. As The Herald’s duo observes, any major roster addition Miami makes in the next few years will likely have to come via trade, since the team won’t have any cap room available anytime soon, barring some major roster reshuffling. Re-signing Max Strus, Gabe Vincent, and/or Omer Yurtseven beyond 2022/23 will only push team salary further over the cap (and the tax line), Chiang and Jackson note.
After playing Bam Adebayo and Yurtseven together for just 18 total minutes last season, head coach Erik Spoelstra had the duo on the floor for 20 minutes in the Heat’s preseason opener on Tuesday, showing that he’s committed to determining whether the frontcourt pairing can work, writes Ira Winderman of The South Florida Sun Sentinel. “They’re not going to play this many minutes together (during the season), if they play together. We’ll figure that part out,” Spoelstra said. “But that takes more time than some of the space or speed lineups. That’s why we’re dedicating time to that now in the preseason and in training camp.”
Spoelstra intends to continue using the preseason as a time to experiment with different lineup combinations, telling reporters that he’s “open to whatever” as he gets a sense of what works and what doesn’t, per Winderman. “We view all of this as training camp until we get to that Chicago game,” Spoelstra said, referring to Miami’s first game of the regular season on October 19.

Contract Details: Fernando, Herro, Nance, Adams

October 4th, 2022 at 7:46am CST by Luke Adams

The Rockets used a portion of their mid-level exception to give Bruno Fernando a four-year deal and a guaranteed salary of $2,717,391 for the 2022/23 season, Hoops Rumors has confirmed. Fernando’s salary will dip to $2,581,522 for 2023/24 before rising back up to $2,717,391 for ’24/25 and increasing to $2,853,260 for ’25/26. As Michael Scotto of HoopsHype tweets, the second and third years of Fernando’s deal are non-guaranteed, while the fourth year is a team option.

Here are some details on a few more new contracts from around the NBA:

Tyler Herro‘s four-year extension with the Heat will pay him annual salaries of $27MM, $29MM, $31MM, and $33MM beginning in 2023/24, for a base value of exactly $120MM, tweets ESPN’s Bobby Marks. The deal also includes $2.5MM in annual incentives that are currently considered unlikely.
Larry Nance Jr.‘s two-year extension with the Pelicans will pay him $10,375,000 in 2023/24 and $11,205,000 in ’24/25, tweets Anil Gogna of NoTradeClause.com. Because Nance’s second-year raise exceeds 5%, he’ll be ineligible to be traded during the 2022/23 season.
Steven Adams‘ two-year extension with the Grizzlies features a flat base salary of $12.6MM in both 2023/24 and ’24/25, with no options or incentives, Hoops Rumors has confirmed. Adams’ new deal doesn’t exceed the extend-and-trade limits, so he’ll remain trade-eligible this season.
As expected, the recent contracts signed by Kaiser Gates (Nets), Brandon Rachal (Nets), and Sacha Killeya-Jones (Thunder) all included Exhibit 10 language.

Heat Notes: Herro, Robinson, Oladipo, Jovic

October 3rd, 2022 at 9:10am CST by Arthur Hill

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.”

Heat Sign Tyler Herro To Four-Year Extension

October 2nd, 2022 at 5:31pm CST by JD Shaw

6:28pm: Miami has officially announced Herro’s four-year extension.

“Tyler is an impact multi-faceted player and we are excited to have him signed for the next five years,” Heat president Pat Riley said in a statement. “His improvement every year since we drafted him has led to this day. We believe he will continue to get better.”

5:31pm: The Heat have agreed to a four-year, $130MM contract extension with star guard Tyler Herro, his agents tell ESPN’s Adrian Wojnarowski (Twitter link). Anthony Chiang of the Miami Herald relays (via Twitter) that $120MM is guaranteed, while the other $10MM can be earned via incentives. Herro’s extension will begin in 2023/24.

With the deal, Miami now has both of its young stars, Herro and Bam Adebayo, under contract long-term. The team has a healthy blend of young players and veterans and is expected to once again compete for a title this season.

Herro averaged 20.7 points, 5.0 rebounds and 4.0 assists per game last year, winning the NBA’s Sixth Man of the Year award. He’ll likely make a strong case in training camp for starting this season.

Herro is entering his fourth season with Miami. Last season was his best campaign since being drafted No. 13 overall by the team in 2019. At just 22 years old, he has ample time to continue improving and establish himself as a cornerstone piece for the Heat.

Miami had until opening night to reach an extension with Herro, otherwise, he would’ve reached restricted free agency next summer. He previously said he wouldn’t sign for anything he believes is less than his market value.

“I want to be here. I want to be in Miami,” Herro said. “But I’m not rushed to sign anything. It’s got to make sense for me and my family. I’m not just going to sign anything. I see the market, I see what guys got paid and I know my worth. So I’m looking for the right number.”

Tyler Herro Wants Market Value Before Signing Extension

September 29th, 2022 at 9:16am CST by Dana Gauruder

Tyler Herro wants to sign an extension with the Heat but he’s not going to settle for less than what he perceives as his market value, Anthony Chiang of the Miami Herald reports.

Herro is looking for the “right number” before he inks a rookie scale extension, which must happen before opening night. Otherwise, he’ll be a restricted free agent next offseason.

“I want to be here. I want to be in Miami,” Herro said. “But I’m not rushed to sign anything. It’s got to make sense for me and my family. I’m not just going to sign anything. I see the market, I see what guys got paid and I know my worth. So I’m looking for the right number.”

Herro didn’t provide any details on what he believes his market value is but Chiang speculates he could seeking an extension similar to the one RJ Barrett signed with the Knicks late this summer. Barrett inked a four-year deal with $107MM in guaranteed money with another $13MM in potential bonuses.

Herro, the league’s reigning Sixth Man of the Year, will make approximately $5.72MM this season. Yet he was mentioned prominently in trade rumors this summer as Miami pursued a number of high-profile stars. Herro declares he wouldn’t be disappointed by a trade.

“I can get traded or I can stay here, I don’t care. I just want to play,” he said. “I want to play my game, have fun and I want to be wanted. Wherever they want me, I want to be.”

Herro expressed a desire to be a starter this season but has since softened that stance. After last season, team president Pat Riley challenged Herro to get stronger and become a better defensive player to earn a starting spot.

Challenge accepted, according to Herro.

“If somebody challenges me, I’m going to take it as a challenge,” he said. “That’s how my personality is, that’s what I do. And it’s not coming from just anybody. It’s coming from Pat. He wants the best for not only his team, but at the end of the day he wants the best for us individually, as well. If he challenges me, I’m going to take it on.”

Heat Notes: Butler, Martin, Strus, Herro, Lowry

September 26th, 2022 at 5:15pm CST by Dana Gauruder

There’s been plenty of speculation this offseason that with the current makeup of the Heat’s roster that Jimmy Butler will play a lot of minutes at power forward. That’s not a prospect he relishes, he indicated during the team’s media day on Monday (link via Anthony Chiang of the Miami Herald).

“I could play the four, yes,” Butler said with a smile. “If they absolutely need me to play the four, I could, yes. If they absolutely wanted to have a conversation about me playing the four, I could, yes. But I’m not playing the four.”

Caleb Martin might be the early favorite to get the starting nod and he’d “love to start” at power forward, Barry Jackson of the Miami Herald writes. However, Martin is mainly concerned with being a part of the rotation.

“As long as I’m playing and can be productive, that’s fine,” Martin said, adding that he’s “flattered” that the team passed up on signing or trading for another power forward.

We have more on the Heat as they enter training camp:

At 6’5”, Max Strus wouldn’t seem like an option to start at the “four” spot. He’s open to do anything that would make him a part of the lineup, Jackson adds. “Obviously I want to be starting again,” he said. “That’s my goal.” In part due to injuries to team members, Strus started 16 regular season and all 18 postseason contests last season. “You don’t start in the Eastern Finals and be considered a bad basketball player,” he said.
Sixth Man of the Year award winner Tyler Herro expressed a desire after the playoffs to be a starter this season. Herro, a rookie scale extension candidate, has softened that stance, Chiang notes. “I’m a team player,” Herro, 22, said. “Whatever (coach Erik Spoelstra) and our organization wants me to do, I’m willing to do. Obviously, I have my own personal goals. But at the end of the day, the team is always over what I want to do as an individual player. So whatever they want me to do, whatever role they think fits me best, that’s what I’ll do.”
In June, team president Pat Riley said Kyle Lowry needed to improve his conditioning. Lowry took that criticism with a grain of salt, saying he didn’t do anything differently this offseason and said his conditioning is “not a problem,” Jackson relays in a separate story. “Honestly, he has his opinion,” Lowry said. “Right? Everyone has their opinion and it doesn’t do anything for me. All I do is motivate myself, I always motivate myself.”