Tyler Herro Misses Monday Extension Deadline: What’s Next for the Miami Heat Star?
Tyler Herro, a notable guard for the Miami Heat, will not sign an extension with the team this year. The deadline for a potential extension passed at 11:59 p.m. on Monday without an agreement, as reported by a league source. The Heat is keen to evaluate Herro’s performance in the upcoming season following his standout season last year.
What’s Next for Tyler Herro?
Herro, who turned 25 this year, was eligible for an extension that could have been worth up to $149.7 million. This negotiating window opened on October 1 and coincided with the Heat’s preparation for their regular season opener against the Orlando Magic on Wednesday.
Future Opportunities
- Herro’s next chance for an extension will be from July 1, 2026, to June 30, 2027.
- During that window, he could sign an extension worth up to $206.9 million for four seasons.
- If selected for an All-NBA team this season, he could become supermax eligible, potentially earning $380 million over five years.
Currently, Herro has two years remaining on his contract, valued at $31 million for this season and $33 million for the 2026-27 season. Any potential extension would begin in the 2027-28 season. If negotiations do not finalize by June 30, 2027, he will enter unrestricted free agency on July 1, 2027.
Personal Insights and Goals
During the Heat’s Media Day on September 29, Herro expressed that securing an extension was important but not his highest priority. He emphasized his commitment to his current role, stating, “I have two years on my contract. I’m happy to be here.”
Recently, Herro underwent ankle surgery, which will keep him sidelined for at least the first month of the regular season. Despite this setback, he remains focused on contributing to the team’s success.
Team Developments and Comparisons
While Herro awaits potential contract negotiations, the Miami Heat has made significant moves in contracts recently. In August, the team signed forward Nikola Jovic to a four-year extension worth $62.4 million. Additionally, Bam Adebayo received a maximum contract extension worth approximately $166 million, which keeps him with the team through the 2028-29 season.
Conclusion
Tyler Herro has established himself as a vital player for the Miami Heat since being drafted in 2019. He ranks as the franchise’s sixth all-time leading scorer, with 6,987 points. With aspirations to advance his career, Herro is focused on performing well this season. His commitment to team success will likely influence future contract discussions as the season progresses.
