Swedish wing **[Pelle Larsson](https://www.basketball-reference.com/players/l/larsspe01.html?utm_medium=linker&utm_source=www.hoopsrumors.com&utm_campaign=2026-09-18_bbr)** has agreed to a four-year, $60MM extension with the **Heat**, agents **Austin Brown** and **Steven Heumann** tell Shams Charania of ESPN ([Twitter link](https://x.com/ShamsCharania/status/2101055068740985231)).
Larsson will earn $2.3MM this season after Miami exercised its team option on his contract in June. He would have been on track for restricted free agency in 2027, but instead will sign a four-year extension that features a mutual option — both a player _and_ a team option — for the 2030/31 season, per Charania.
Larsson signed a three-year, minimum-salary contract after he was selected 44th overall in the 2024 draft. Miami acquired his rights in a draft-day trade with Houston.
After receiving some rotation minutes as a rookie in 2024/25, averaging 4.6 points, 1.7 rebounds and 1.2 assists in 55 regular season outings (14.2 minutes per game), Larsson emerged as a critical player for the Heat in his second season. In 70 appearances in 2025/26, including 54 starts, he averaged 11.4 PPG, 3.5 RPG and 3.4 APG on .496/.323/.797 shooting in 26.4 MPG.
More to come…