Contract Negotiation NBA Players

Tyler Herro And The Miami Heat Agree To 4-Year, $130M Extension

Miami Heat guard Tyler Herro has agreed to a four-year, $130 million contract extension. Herro is currently represented by Jeff Schwartz and Mike Lindeman of Excel Sports Management.

Following the 2022 season Herro was named the 2022 NBA Sixth Man of the Year and averaged 20.7 PPG, 5.0 RPG, and 4.0 APG. With the October 17th deadline ahead, Herro has agreed to the following deal with $120 million guaranteed, and incentives which could increase the contract to $130 million (via ESPN).

As an intricate piece to the Miami Heat’s success alongside Bam Adebayo and Jimmy Butler, we can expect to see the core group together for this upcoming year.