Heat bonus for Herro with a four-year extension
Tyler Herro averaged 20.7 points as a substitute last year for Miami Heat, and won the sixth Man of the Year Award. That was enough for the Heat to lock down their 22-year-old keeper with a four-year rookie extension to keep Herro’s talent at South Beach through 2027.
Herro was the 13th pick in the 2019 draft and had an immediate influence on the Heat’s progress to the NBA Finals.
He started five Finals and scored the fourth most playoff points of any rookie in NBA history, including 37 points in a narrow conference final win over Boston.
Last year, he shot 39.9 percent of the ball from three-pointers and nearly led the Heat in scoring, despite coming off the bench and playing alongside three All-Stars, Jimmy Butler, Kyle Lowry and Bam Adebayo.
The contract includes $120 million in security over four years. Herro could earn an additional $10 million in incentives over the life of the deal, which could bring the total payouts to $130 million.
Herro joined Butler and Adebayo as the Heat players signed contracts until 2025-26, although Herro’s contract has one more year left. The deal exceeds the 4-year, $100 million contract signed by Anfernee Simons and the 4-year, $104 million contract for Jalen Brunson, perhaps setting a new benchmark for young shooting bodyguards.
Specifically for Jordan Poole qualifying for the Golden State Warriors’ renewal, having picked 15 spots under Herro, who also starred from the bench for the NBA Finalist.
This is also the largest contract ever signed for a player with a song by Jack Harlow named after hima distinction Herro should keep until a player named Churchill Downs or Young Harleezy arrives in the NBA.