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Tyler Herro contract: Grading Miami Heat’s new deal for Sixth Man of the Year

MIAMI, FLORIDA – SEPTEMBER 26: Tyler Herro #14 of the Miami Heat poses for a portrait during media day at FTX Arena on September 26, 2022 in Miami, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Eric Espada/Getty Images)

The Miami Heat have inked Tyler Herro to a multi-year deal, but was it worth giving the Sixth Man of the Year that kind of raise?

When the Miami Heat drafted Tyler Herro, the expectation was that he would join the legacy of sharpshooters that roamed South Beach. So far, he’s done quite well with a Sixth Man of the Year award and a berth in an NBA Finals, albeit in the Orlando Bubble.

Now, Herro has a new contract to show for it. ESPN’s Adrian Wojnarowski has reported that Herro and the Heat have agreed on a four-year, $130 million contract extension. That means Herro won’t be leaving South Beach anytime soon.

That’s the pleasantries, but let’s take a closer look at the situation, specifically the investment and how it should be graded. Twitter had a lot to say, some positive and some negative (shocking, right?)

Here’s what we know. Herro has averaged 16.7 points, 4.7 rebounds, and 3.2 assists in 175 games played in the regular season, and 14.0 points, 4.5 rebounds, and 3.2 assists in 40 playoff games. Those are not bad numbers, and Herro is certainly worthy of an extension by all means. He’s earned it. However, the amount is a bit perplexing, so the grade for this deal is a B-. 

The Tyler Herro extension by the Miami Heat deserves a grade of B-.

Sure, Herro has performed extremely well during his tenure, but there have been several instances where he just wasn’t the same guy. At the same time, Herro is playing alongside Jimmy Butler and Bam Adebayo, both of whom already have $100 million plus deals. The reasoning for this is likely because Herro will move from Sixth Man to starter, which makes sense.

Still, it gets a B- because we need to see more from Tyler Herro. He’s earned his money and deserves to be paid for his play; that’s no debate. The amount of money? We can have a discussion. That said, congrats to Tyler Herro on an extension; let’s hope his play continues on an upward trajectory to justify the investment.