Miami Warmth, Tyler Herro conform to 4-year, $130M extension

Miami Warmth guard Tyler Herro — the 2022 NBA Sixth Man of the 12 months — has agreed to a four-year, $130 million contract extension, his brokers, Jeff Schwartz and Mike Lindeman of Excel Sports activities, advised ESPN on Sunday.

After averaging 20.7 factors a season in the past, Herro, 22, lands an annual wage value over $30 million for his rookie scale extension forward of the Oct. 18 deadline for members of the 2019 NBA draft class.

The deal consists of $120 million assured with incentives that may carry the contract to a full $130 million, sources stated.

Herro — chosen thirteenth general — is the sixth first-round participant within the draft class to agree on a rookie extension. That listing consists of the highest three picks: New Orleans’ Zion Williamson, Memphis’ Ja Morant and New York’s RJ Barrett.

Herro is a cornerstone participant for the Warmth’s championship aspirations, becoming a member of Bam Adebayo and Jimmy Butler as $100 million-plus gamers on the Warmth’s roster. Herro had eight 30-point video games off the bench for the Warmth final season, probably the most in a season for any participant since Lou Williams in 2018-2019, in response to ESPN Stats & Info analysis.

Herro and Utah’s Jordan Clarkson had been the one gamers final season to attain 1,000 factors or extra off the bench final season.

As a second-team All-NBA rookie in 2020, Herro had a memorable stretch within the NBA bubble through the Warmth’s run to the Jap Convention championship, scoring 335 factors, fourth most by a rookie within the postseason, in response to ESPN Stats & Info analysis.