Overview
- ESPN reports there have been no substantive talks with Tyler Herro and a preseason extension is considered doubtful.
- If no deal is reached by Monday, Herro cannot sign a new extension until the 2026 offseason and remains under contract at $31 million in 2025–26 and $33 million in 2026–27.
- Team strategy centers on preserving room for a projected 2027 free-agent class that could feature multiple superstars, per reporting from Brian Windhorst and Tim Bontemps.
- Signing a multi-year deal now would restrict Miami from trading Herro until well past the February deadline, limiting roster maneuverability.
- Nikola Jović received a four-year, $62.4 million extension structured to be trade-friendly, while long-term deals for Andrew Wiggins and Norman Powell are viewed as unlikely at this time.