"The clock is ticking, and the Miami Heat don't have much more time to figure out what they plan to do with Tyler Herro. As we continue to wait for their decision, there could be one other move that the team could make that would all but crush Herro's dream of signing a long-term extension in October. And that's if the Heat moves to sign Norman Powell to a contract extension."
"It's been rumored that it could be on the table for the team, and perhaps more of a reality once the season begins in October. To be perfectly honest, I don't see a world where the Heat signs both Herro and Powell to contract extensions. That means there's at least a solid chance that the Heat will spend the next few weeks either deciding whether they should extend either Herro and Powell, or lay the groundwork for picking one over the other."
"In theory, you'd think that the Heat would lean toward extending Herro. He's their homegrown star and has certainly made big strides in the development of his game over the last few years. However, there's one big problem. Now that he's made the leap toward an All-Star player, he could be in line for a huge payday. On October 1, Herro becomes eligible for a contract extension worth up to three years, $150 million."
The Miami Heat face a short timeframe to decide Tyler Herro's contractual future while also considering a Norman Powell extension. The team may be unable to offer both players extensions and could prioritize one over the other before the season. Herro becomes eligible on October 1 for a three-year extension up to $150 million, a figure the Heat cannot comfortably meet if they plan to pursue another star. Herro has improved into an All-Star-level contributor but has not demonstrated the ability to singularly lead the franchise. Paying Herro like a top-tier superstar would strain future roster-building plans.
Read at All U Can Heat
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