Overview
- Monday’s 11:59 p.m. deadline passed without an agreement, keeping Herro on his existing deal at $31 million for 2025–26 and $33 million for 2026–27.
- In this window he was limited to a three-year maximum around $150 million, while waiting until summer could allow a four-year max near $207 million or a five-year supermax if he makes All-NBA.
- The Miami Herald reported the Heat had not made a firm offer by Friday as the team assesses how he follows up last season’s All-Star campaign.
- Herro is rehabbing from recent ankle surgery, is expected to miss roughly the first three weeks, and has pointed to a mid-November return.
- Herro has downplayed urgency and said he will not be a problem, and Pat Riley praised his value while indicating the organization is not ready to finalize terms now.