Tyler Herro, one of the Miami Heat’s most dynamic scorers, is reportedly on the verge of signing a lucrative $46 million contract extension, signaling the franchise’s long-term commitment to the rising star. The deal would solidify Herro’s place as a central figure in Miami’s evolving core and comes after a strong 2024–25 campaign where he averaged 20.3 points, 5.2 rebounds, and 4.6 assists per game.
Herro’s potential extension would likely kick off at $46.2 million in its first year, placing him among the highest-paid players on the roster — and for good reason. His ability to create offense, stretch the floor with deep-range shooting, and handle late-game scoring responsibilities has made him indispensable to the Heat’s success.
After battling through injuries and trade rumors in recent seasons, Herro responded with his most complete season to date, earning his first All-Star nod and demonstrating maturity as both a scorer and playmaker. The Heat clearly view him as a cornerstone for the post-Jimmy Butler era and a building block for the team’s future.
“This organization believes in me,” Herro said in a recent interview. “I want to be part of what we’re building in Miami for the long haul.”
With Pat Riley and the front office focused on retooling the roster to remain competitive, locking in Herro offers stability and offensive firepower for years to come. His youth, offensive versatility, and improved leadership qualities align with the Heat’s long-term vision.
As free agency approaches, finalizing Herro’s deal could be the first major domino to fall in what’s expected to be a busy summer for Miami. For Heat fans, it’s a reassuring sign that the franchise is doubling down on homegrown talent to power its next chapter.
