A contract extension agreement between the Miami Heat and star shooting guard Tyler Herro isn’t likely to occur, according to ESPN’s Brian Windhorst.
“Tyler Herro is coming off an All-Star season and is definitely interested in extending with the Heat, but there haven’t been substantive talks to his point and a deal is doubtful, sources say,” Windhorst reported Friday.
Long-term extensions for Heat wings Andrew Wiggins and Norman Powell are “unlikely,” per Windhorst. Powell could sign a short-term deal instead, though.
Barry Jackson of the Miami Herald previously reported that Miami would be open to extending Powell, who was acquired in a July 7 trade with the Los Angeles Clippers, if he can start the 2025-26 season on a high note.
Herro still has two years remaining on a four-year extension worth $120 million that he signed in Oct. 2022. He’ll earn $31 million for the 2025-26 season before receiving $33 million for his 2026-27 campaign, via Spotrac.
Herro exceeded expectations for the Heat last season, averaging a career-high 23.9 points and 5.5 assists per game. His 47.2 field-goal percentage also represented a new personal-best mark and the sharpshooter connected on 37.5 percent of his triples.
Concerns from Miami regarding a new extension could stem from Herro’s ensuing playoff performance, as he averaged just 17.8 points per game on 41.5 percent shooting as the Heat were swept by the Cleveland Cavaliers in the first round.
He’ll also be sidelined for the start of the upcoming regular season after undergoing foot surgery on Sept. 19.
Wiggins could take on a larger offensive role in Herro’s absence, as he enters his first full season in Miami after he was acquired in the Feb. 6 trade that sent Jimmy Butler to the Golden State Warriors.
Wiggins averaged 19.0 points and 4.2 rebounds to go along with 3.3 assists per game on 45.8/36.0/73.1 shooting splits after the change of scenery.
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