The Miami Heat and guard Tyler Herro, the reigning NBA 6th Man of the Year, have agreed to a 4-year, $130 million contract extension.
The 22-year old is coming off his third NBA season, averaging 20.7 points per game on 44.7% shooting and 39.9% from the 3-point line.
The contract extension includes $120 million guaranteed with incentives to bring the contract to a full $130 million. Herro will earn an annual salary worth over $30 million for his rookie scale extension ahead of the October 17th deadline for members of the 2019 NBA draft class.
Herro was chosen with the 13th pick in the 2019 NBA Draft by the Miami Heat and is the sixth first-round pick in the draft class to agree to a rookie extension.