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1h ago

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

The deal reflects his 2024–25 rise, with Tyler Herro’s early-season absence creating added minutes.

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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

  • The extension is a straight four-year contract with no player or team option, according to multiple reports.
  • It begins in 2026–27 while he earns about $4.4–$4.5 million this season and runs through 2029–30.
  • The agreement was completed ahead of the Oct. 20 rookie-extension deadline, keeping him from restricted free agency next summer.
  • Jović logged career highs last season at 10.7 points, 3.9 rebounds and 2.8 assists in 46 games, missing 30 contests after a broken right hand.
  • He boosted his profile with Serbia at EuroBasket (about 12.8 points and four rebounds per game), and Herro’s multi-week injury is expected to expand his role to start 2025–26.