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2h ago

Heat Commit to Four-Year, $62.4 Million Extension for Nikola Jović

The deal begins in 2026–27, signaling Miami’s belief in the 22-year-old’s upward trajectory after a career-best season.

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Miami Heat forward Nikola Jovic (5) celebrates his basket which, following a free throw and a defensive stop, defeats the Minnesota Timberwolves late in the fourth quarter of an NBA basketball game Sunday, Nov. 10, 2024, in Minneapolis. (AP Photo/Bruce Kluckhohn)
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Overview

  • Multiple outlets report the sides agreed to a rookie-scale extension worth $62.4 million over four years, with ESPN’s Shams Charania first reporting and Jović’s agents confirming the terms.
  • The contract has no player or team options and is set to keep Jović under contract through the 2029–30 season.
  • The extension does not affect this season, as Jović will play 2025–26 at roughly $4.4–$4.5 million before the new deal starts in 2026–27.
  • Jović averaged 10.7 points, 3.9 rebounds and 2.8 assists last season but was limited to 46 games after a broken right hand, returning to log 24 points in a playoff Game 4 vs. Cleveland.
  • His efficient EuroBasket stint with Serbia drew praise, and the move carries roster and cap implications as Miami weighs Tyler Herro’s pending extension while he recovers from foot surgery.