Heat’s Tyler Herro expected to sign lucrative extension after All-Star season

Alex Walsh

Heat’s Tyler Herro expected to sign lucrative extension after All-Star season image

The Heat are coming off a season where they narrowly made the playoffs through the play-in tournament, but were swept by the Cavs in the first round.

One of the few bright spots last season was Heat guard Tyler Herro.

After a great 24-25 season, Herro could be in for a huge extension in the Fall.

MORE: Heat predicted to acquire Trae Young in latest trade proposal

How much money could Herro get in his extension?

According to ESPN's Bobby Marks, Herro could get roughly a 3-year $150 million extension starting Oct. 1.

After Oct. 20, Marks says that Herro can sign a 4-year ~$207 million extension if he can't agree on a deal before that date.

Herro could play the long game and hope to be all-NBA in the 25-26 season, which would then make him eligible for a supermax contract of 5-years $380 million ($76 million AAV).

MORE: Shai Gilgeous-Alexander eligible to make almost $1 million per game with new eligible extension

The idea of Herro making $76 million a year is kind of wild, but as I've said in past articles, these lucrative deals for players are the direction the NBA is heading toward.

In 24-25, Herro averaged 23.9 PPG (career high), 5.2 RPG, 5.5 APG (career high) and shot 47.2 FG% (career high).

Herro didn't receive any all-NBA votes in 24-25, so it would take another year of an uptick in production, paired with some team success to become eligible for that all-NBA extension.

MORE: Bulls Lonzo Ball 'expected to be made available in trade' per NBA insider

Alex Walsh

Alex is a freelance writer with The Sporting News. A current Sports Media major at Hofstra University in New York, he is a huge Celtics and NBA fan who gets way too many notifications from NBA insiders on X. He became interested in PDC Darts at the beginning of 2024 and has been obsessed ever since.