"Now that the Miami Heat and Tyler Herro failed to agree to a contract extension before the October 20 deadline, there's a very good chance that the team's core just may have ended as fans know it. Without an extension, Herro's future with the Heat is far from certain. Herro and the Heat had a 20-day window to agree to an early contract extension before the start of the 2025-26 NBA season."
"If nothing changes between now and next summer, Herro will have the opportunity to test unrestricted free agency if he so pleases. Alternatively, Herro could also opt into the final year of his contract (in hopes that he and the Heat can agree to an extension before the start of next season. At this point, anything, and everything, may be on the table for Herro and the Heat."
The Miami Heat and Tyler Herro failed to agree to an early contract extension before the October 20 deadline, ending the 20-day negotiation window. Without an extension, Herro can test unrestricted free agency next summer or opt into the final year of his contract while hoping for a later deal. The decision introduces many possible outcomes, including a trade prior to the 2026 NBA Trade Deadline. Trading Herro would make sense if the Heat cannot re-sign him to a large deal. The franchise's past handling of Jimmy Butler's situation shows risks in waiting, suggesting caution in delaying decisions.
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