Time has officially run out on guard Tyler Herro’s opportunity to sign a contract extension with the Miami Heat this year. The deadline passed late Monday night.
It seems as if Herro’s representatives and the Heat organization didn’t come close to agreeing on a deal before that deadline, either. Per the Miami Herald‘s Anthony Chiang, the Heat did not actually make a firm offer to the former University of Kentucky star during extension talks between the two sides.
“Guard Tyler Herro won’t be signing an extension with the Miami Heat this year,” Chiang wrote.
“Monday’s 11:59 p.m. deadline for Herro to sign an extension with the Heat this year passed without the two sides reaching an agreement, a league source told the Miami Herald. After Herro turned in the best season of his NBA career last season, the Heat wants to see how he follows that up in the months ahead.
“According to a source, the Heat and Herro’s representation had discussions, but the Heat had not made a firm offer as of this past Friday.”
At this juncture, Herro is set to hit unrestricted free agency in the summer of 2027, as his current deal has him under contract through the 2026-27 season.
Perhaps Herro’s injury status had something to do with the fact that he couldn’t come to terms on an extension with the Heat before Monday night. After all, he underwent foot surgery just last month and will be sidelined for a period of time to begin the 2025-26 regular season. It’s possible that he will look off his game upon making his return to the court.
Still, it’s a bit surprising that the Heat didn’t lock up Herro on a long-term deal prior to the deadline with the season he just enjoyed. Herro was legitimately one of the premier offensive players in all of basketball and averaged a career-high 23.9 points per game while shooting 37.5 percent from 3-point range in the 2024-25 campaign. He earned an All-Star nod for the first time as an NBA player last season as well.
Not only is he on the heels of far and away his best pro season, but at just 25 years old, it’s possible he has another level to reach as a player. A new and improved Herro from a scoring standpoint is a thought that should strike fear in opposing teams around the league.
Gifted scorers of Herro’s ilk don’t exactly grow on trees, and thus Miami should do all in its power to extend him once he becomes eligible once again, barring a woeful 2025-26 season from him. How Herro fares on the court this season will be a major storyline to follow.