Tyler Herro, Heat Agree to 4-Year, $130M Contract Extension Ahead of 2022 Season

Tyler Herro is sticking with the Miami Heat for the foreseeable future.

The young sharpshooter agreed to a four-year, $130 million contract extension Sunday:

Ahead of the 2022-23 season, Herro's fourth in the league, he was eligible to sign a designated rookie scale extension for five years and $186 million.

Given that Herro was voted the Sixth Man of the Year for the 2021-22 season after averaging 20.7 points, 5.0 rebounds and 4.0 assists per game while shooting 39.9 percent from three, it always seemed likely he'd get that bag, or at least close to it.

As a rookie, Herro was one of the key pieces for the Heat in the 2019-20 bubble playoffs, averaging 16 points per game as Miami reached the NBA Finals, where they lost to LeBron James and Los Angeles Lakers.

While he was solid in the 2020-21 campaign (15.1 PPG), he took another big step this past season, serving as instant offense off the bench for the Heat.

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