With Donovan Mitchell heading to Cleveland, the odds of the Heat giving Tyler Herro a rookie scale extension have seemingly increased, according to Barry Jackson and Anthony Chiang of The Miami Herald.
As Jackson and Chiang write, the Heat were keeping their options open, but with Kevin Durant agreeing to stick with the Nets, at least for now, and Mitchell off the table, there aren’t any obvious star players to target in a trade.
The reason Herro likely hasn’t received an extension to this point is due to the “poison pill provision,” and our Luke Adams actually used Herro as an example of why extending him would make trading him extremely difficult in our updated glossary entry.
If he theoretically received a four-year, $120M extension, then Herro’s 2022/23 salary of $5,722,116 would count as the Heat’s outgoing salary figure in a trade, but any team acquiring Herro would have to view his incoming value as $25,144,423 — that’s the annual average of the five years and $125,722,116 he has left when accounting for both his current contract and his (hypothetical) new extension.
The Heat have given extensions to players on rookie contracts in the past, including Bam Adebayo, Josh Richardson and Justise Winslow, Jackson and Chiang note.
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