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NBA franchise Miami Heat has re-signed guard Tyler Herro with a four-year contract. After a sophomore slump, Herro had an incredible 2021-22 season where he went on to win the NBA Sixth Man of the Year award. As per multiple reports, the deal was worth an average of $30 million per season with performance incentives.
The deal includes $120 million guaranteed with incentives that can bring the contract to a full $130 million . With this new extension, Herro will be another foundation player for the Heat as he joins Bam Adebayo and Jimmy Butler as the other $100 million-plus players on the roster.
Herro came off the bench in 56 of his 66 appearances last season to earn the NBA Sixth Man award, averaging 20.7 points, 5.0 rebounds and 4.0 assists in 32.6 minutes on the court. Herro had eight 30-point games off the bench which is the most in a season for any player since Lou Williams in 2018-2019. Herro along with Jordan Clarkson from the Utah Jazz were the only players to score 1,000 points or more off the bench last season.
Talking about career stats, the former Wildcat has averaged 16.7 points, 4.7 rebounds and 3.2 assists a game over his three league seasons, as he has shown consistent growth in his time in the league. His impact was immediately evident as he made the All-Rookie second team. He then took this incredible run of form into the postseason where Herro had a memorable stretch in the NBA bubble as the Heat reached the Eastern Conference championship, scoring 335 points, fourth-most by a rookie in the playoffs.
Miami Heat president Pat Riley expressed excitement and elation with the extension given to the University of Kentucky Alumni. “Tyler is an impact multi-faceted player and we are excited to have him signed for the next five years,” said HEAT President Pat Riley. “His improvement every year since we drafted him has led to this day. We believe he will continue to get better.”