RJ Barrett signed a rookie contract extension for four years, $107 million fully guaranteed that could climb to $120 million with incentives. Several others out of the 2019 draft class — Ja Morant, Zion Williamson, Darius Garland — earned max contract extensions with their team.
Tyler Herro is still waiting on his extension with the Miami Heat.
And with that baked in Herro confidence, he said he is better than some players he has seen getting paid, he told Ira Winderman of the South Florida Sun-Sentinel.
“I was active early in the summer,” he told the South Florida Sun Sentinel of the extension window that opened in July. “Then I realized it wasn’t going to get done, if it does get done, until later. So I just told my agent to call me when it’s ready. “So we haven’t really spoken much about the contract. Obviously, I tell him to call me when it’s ready. If it’s not ready, I continue to play my game and figure it out next summer…
“There’s players across the league that have gotten paid who I know I’m better than. So it’s got to be the right number,” he said, with the Heat continuing camp on makeshift courts at the [ Baha Mar resort in the Bahamas].
One reason an extension for Herro has not gotten done — and may not get done before the Oct. 18 deadline — is Herro is the Heat’s best trade asset to go after a big name. Once he signs an extension that is off the table, something Winderman and I have discussed in our weekly video/podcast on the Heat and NBA.
The other question on a Herro extension is what is the “right number?” Did the Knicks’ Barrett set the market with his extension?
Maybe Barrett is one of the players Herro “knows” he is better than, but that would not be the consensus of scouts and free agents around the league. Herro has hardware as the reigning Sixth Man of the Year, he puts up numbers averaging 20.7 points a game while shooting 39.9% from 3 last season, he can do some secondary play creation and has had big playoff games. He has real value.
However, as Winderman has pointed out, Herro has started just 33 games across three years, compared to Barrett’s 197 starts. More importantly, Herro’s defensive limitations limited how Eric Spoelstra could use him in the playoffs. Then there is the matter of load carried. Barrett was the No. 1 option for the Knicks last season (with Julius Randle falling off) and even with the signing of Jalen Brunson, Barrett is option No.1 or 1B for Tom Thibodeau. Herro is down the Heat pecking order behind Bam Adebayo, Jimmy Butler, and maybe Kyle Lowry depending on how he bounces back from a down year. The Heat don’t need Herro the way the Knicks need Barrett right now, which is one key reason Herro is available via trade.
Would Herro take a four-year, $105 extension? Would the Heat even offer it? If Miami is hoping for a trade at the deadline, it may wait on an offer and let the market set Herro’s price as a restricted free agent next summer. For Herro, that would give him a chance to prove he is a starter and that his defense has improved — that he is worth more than the Heat had been offering.
If the Heat and Herro agree on an extension, look for it to be in a couple of weeks, pushing up against that October deadline.