This is a situation teams are keeping an eye on, as Pat Riley has always been cautious with giving out extensions (see Jimmy Butler's situation for details). A decision to extend or not to extend Herro will tell the tale of how the Heat view themselves in the East.
Luka Dončić signed a three-year maximum contract extension with the Lakers, which includes a third-year player option. The initial starting salary will depend on the 2026-27 salary cap.
Bill Guerin's management of the Minnesota Wild is hindered by a long-standing salary cap weight of over $10 million due to the buyouts of Zach Parise and Ryan Suter, making roster improvements difficult.
Devin Booker has made NBA history with a two-year, $145 million maximum contract extension, locking him in through the 2029-30 season, equating to $72.5 million per year, the highest average annual salary in NBA history.
McLaurin is the primary receiving threat on the Commanders, leading with 117 targets in 2024, indicating his importance to the team's offensive strategy.
Miami Dolphins wide receiver Tyreek Hill will cost the team $51.8 million on the salary cap in 2026, making his future uncertain. The Dolphins may release or amend his contract or trade him before the November deadline, focusing on youth and fiscal responsibility.
As you look at the rest of the team and what we're trying to do, there is no question our priorities would be to bring Al and Luke back. Those guys are huge parts of this organization. They're going to have, I'm sure, plenty of options all over the place, and that's well-deserved, but I think that would be a priority. At the same time, I don't want to put pressure on them.