"If the Miami Heat are going to bag another superstar, it is almost certainly going to happen via the draft or a trade rather than free agency. And they appear to know it. Miami's stance on Norman Powell's future proves as much. According to Barry Jackson of the Miami Herald, the Heat are "open to considering an extension with Powell if the start of the season goes well." But the mere willingness to think about paying Powell before the 2026 offseason is a big deal."
"For the first six months of his time in Miami, Powell can sign an extension worth up to three years and $77.4 million. After that, at any point up until he's a free agent, he's eligible to get up to four years and $128.5 million. The exact terms are fungible, depending on timing, and how much the Heat value Powell. The end result to any extension is the same: Miami forfeits cap space."
Miami is prioritizing acquiring a superstar through the draft or trades rather than free agency. The team is receptive to extending Norman Powell early in his Miami tenure if the season starts well. Powell can sign an extension in his first six months for up to three years and $77.4 million, or later for up to four years and $128.5 million. Any extension would reduce Miami's future cap space. Potential cap openings depend on Andrew Wiggins declining his option and Tyler Herro's contract timing. Paying Powell beyond this season would substantially limit flexibility in upcoming summers.
Read at All U Can Heat
Unable to calculate read time
Collection
[
|
...
]