Tyler Herro is facing a significant financial decision regarding a potential contract extension with the Miami Heat. He could secure a three-year, $150 million extension as early as October 1 or opt for a four-year extension projected at $207 million in 2026. Currently under a four-year deal signed in 2022, he has emerged as a first-time NBA All-Star with impressive averages. The decision poses questions about his growth potential and the justification for a max contract extension.
Tyler Herro could be eligible for a three-year contract extension worth nearly $150 million starting October 1, or a four-year extension at $207 million in 2026.
Herro's current four-year deal was signed in October 2022 for $130 million, earning $31 million in the upcoming season.
After becoming a first-time NBA All-Star and winning the 3-point champion title, Herro averaged career highs of 23.9 points, 5.5 assists, and 47.2% shooting.
The potential for a max contract extension raises questions about whether Herro can sustain his growth and improve his overall game.
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