"For so long, we have heard about this team's plan to maximize flexibility both now and later. If the Heat aren't bent on having cap space in the summer of 2026, it's because they want to stockpile it for 2027. Much of their current offseason has aligned with this vision. Davion Mitchell is the only player they signed or acquired who is owed guaranteed money beyond next year (first-round pick Kasparas Jakucionis notwithstanding)."
"Yet, according to Barry Jackson of the Miami Herald, the Heat are " open to considering signing [Norman] Powell to an extension if the start of the season goes well." While this isn't a definitive stance, merely considering it flies in the face of cap-space plans. Any deal Powell inks would almost assuredly add guaranteed money to not just the 2026-27 ledger, but the 2027-28 bottom line as well."
Tyler Herro becomes eligible October 1 for a three-year, $150 million extension. The Miami Heat historically prioritized maintaining cap flexibility, targeting significant space in 2027. Recent roster moves have limited long-term guarantees, with Davion Mitchell the only acquisition owed money beyond next season aside from rookie Kasparas Jakucionis. Barry Jackson reported the Heat are open to considering a Norman Powell extension if the season starts well. Signing Powell or extending Nikola Jovic would add guaranteed salary into 2026–27 and 2027–28, reducing summer flexibility. Reduced emphasis on cap preservation would make a Herro extension more likely.
Read at All U Can Heat
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