MIAMI, FLORIDA - JANUARY 15: Tyler Herro #14 of the Miami Heat dribbles up the court against the Philadelphia 76ers at FTX Arena on January 15, 2022 in Miami, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Michael Reaves/Getty Images)
The deal has $120 million in guaranteed salary and another $10 million in incentives, said the person, who spoke to The Associated Press on condition of anonymity because the financial details were not made public. ESPN first reported the agreement.
It answers the question of whether Miami would let the reigning NBA Sixth Man of the Year go into this season without an extension. And now, about two weeks before the start of the regular season, that piece of business is complete.
And the move also means Miami’s core is locked up for years. Jimmy Butler, Bam Adebayo, Kyle Lowry and now Herro all have multiple seasons on their deals with the Heat, who won 53 games last season, were the No. 1 seed for the Eastern Conference playoffs and went to Game 7 of the East finals before falling to Boston.
Herro was the overwhelming pick as the NBA’s top sixth man last season, making him the first player to win the award as a member of the Heat. He averaged 20.7 points, nearly four more per game than any other reserve in the league.
“Tyler was ignitable for this team,”
“He was that way all season.”
Heat coach Erik Spoelstra said when the award was announced.
Herro grew up in Wisconsin and played one year at Kentucky before getting drafted by Miami. He is entering his fourth season and could have gotten an extension for as much as five years and about $188 million. The deal begins with the 2023-24 season.
Source: AP News
