Tyler Herro

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Shooting Guard Age: 21-5d Exp: 2 Years
Drafted: Round 1 (#13 overall), 2019 College: Kentucky Agent(s): Jeff Schwartz (Excel Sports Management)

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Heat – The Athletic

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    Current Contract

    Tyler Herro signed a 4 year / $17,188,836 contract with the Miami Heat, including $17,188,836 guaranteed, and an annual average salary of $4,297,209. In 2021-22, Herro will earn a base salary of $4,004,280, while carrying a cap hit of $4,004,280 and a dead cap value of $4,004,280.

    Contract: 4 yr(s) / $17,188,836
    Average Salary: $4,297,209
    Guaranteed at Signing $7,462,440
    Signed Using: Entry Level/Rookie
    Free Agent: 2023 / RFA
    Year   Age Base Salary Likely Incent. Unlikely Incent. Trade Bonus Cap Hit Yearly Cash Guaranteed
    2019-20 Contract details by year 19 $3,640,200 - - - $3,640,200 $3,412,688($3,412,688) $3,640,200
    2020-21 Contract details by year 20 $3,822,240 - - - $3,822,240 $3,822,240($7,234,928) $3,822,240
    2021-22 Contract details by year 21 $4,004,280 - - - $4,004,280 $4,004,280($11,239,208) $4,004,280

    Rookie Extension Eligible (25% Cap Max): 5 year, $181M (2023-27), Year 1 Salary = $31.24M
    2022-23 Contract details by year 22 $5,722,116 - - - $5,722,116 $5,722,116($16,961,324) $5,722,116
    2023-24 Contract details by year 23 QO: $7,913,687 - - - Hold: $17,166,348
    2023 Free Agent Year 24 RFA  
    Contract Notes:
    • 2021-22 Club Option (exercised)
    • 2022-23 Club Option (exercised, 9/3/21)
    Sources: Spotrac

  • Estimated Career Earnings

    A look at the calculated cash earnings for Tyler Herro, including any upcoming years.

    Year Team Awards Salary Signing Bonus Incentive Trade Kicker Total Cash
    2019-20* Player Cash Earnings $3,412,688 - - - $3,412,688
    2020-21 Player Cash Earnings $3,822,240 - - - $3,822,240
    2021-22 Player Cash Earnings $4,004,280 - - - $4,004,280
    Est. Earnings
    (3 seasons)    		 $11,239,208 - - - $11,239,208
    2022-23 Player Cash Earnings $5,722,116 - - - $5,722,116
    $16,961,324 - - - $16,961,324
    Seasons Team Salary Signing Bonus Incentive Trade Kicker Total Cash
    3 seasons Player Cash Earnings $11,239,208 - - - $11,239,208

    * earnings may include deduction of original cashed earned due to shortened season

  • Transactions

    Sep 3 2021Miami (MIA) exercised $5.72 million option for 2022-23
    Dec 1 2020Miami (MIA) exercised $4 million option for 2021-22
    Jul 10 2019Signed a 4 year $17.19 million rookie scale contract with Miami (MIA)
    Jun 20 2019Drafted by Miami (MIA): Round 1 (#13 overall)

  • Statistics

    Season Team Games MPG FG% 3PT% FT% ORB DRB TRB AST STL BLK TOV PT Prod Pts
    2021 MIA 2 32.5 0.478 0.350 0.857 1.00 7.00 8.00 2.50 0.00 0.00 2.50 28.50 39.35
    2020 MIA 54 30.28 0.439 0.360 0.803 0.46 4.48 4.94 3.41 0.65 0.31 1.87 15.09 26.19
    2019 MIA 55 27.42 0.428 0.389 0.870 0.29 3.78 4.07 2.20 0.62 0.16 1.58 13.51 21.68
    Totals 111 28.90 0.435 0.374 0.835 0.39 4.18 4.57 2.79 0.62 0.23 1.74 14.55 24.19