NBA
Tyler Herro
Tyler Herro
Miami Heat, Shooting Guard
Age: 24-103d (Jan 20, 2000)
Exp: 5 Years
Country: US
College: Kentucky
Drafted: Round 1 (#13 overall), 2019
Agent(s): Jeff Schwartz, Mike Lindeman (Excel Sports Management)
2024-25 Cap Hit
$29,000,000
2024-25 Cash
$29,000,000
Career Earnings
$72,961,324
2023-2026 Rookie Extension (CURRENT)
Tyler Herro signed a 4 year , $120,000,000 contract with the Miami Heat, including $120,000,000 guaranteed, and an average annual salary of $30,000,000. In 2024-25, Herro will earn a base salary of $29,000,000, while carrying a cap hit of $29,000,000 and a dead cap value of $29,000,000.
Contract Terms:
4 yr(s) / $120,000,000
Average Salary:
$30,000,000
GTD at Sign:
$120,000,000
Total GTD:
$120,000,000
Signed Using:
Bird Rights
Free Agent:
2027 / UFA
| Year | Age | Option/Status | Base Salary | Incentives Likely | Incentives Unlikely | Cap Hit | Cap % League Cap | Luxury Tax | |
|---|---|---|---|---|---|---|---|---|---|
| 2023-24 |
|
24 | $27,000,000 | - | $2,500,000 | $27,000,000 | 19.85% | $27,000,000 | |
| 2024-25 |
|
25 | $29,000,000 | - | $2,500,000 | $29,000,000 | 20.57% | $29,000,000 | |
| 2025-26 |
|
26 | $31,000,000 | - | $2,500,000 | $31,000,000 | 19.99% | $31,000,000 | |
| 2026-27 |
|
27 | $33,000,000 | - | $2,500,000 | $33,000,000 | 19.34% | $33,000,000 | |
| 2027-28 |
|
28 |
UFA |
| Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | AYC Cumulative | AYC Remaining | |
|---|---|---|---|---|---|---|---|---|
| 2023 |
|
24 | $27,000,000 | $27,000,000 | $27,000,000 | $27,000,000 | $30,000,000 | |
| 2024 |
|
25 | $29,000,000 | $29,000,000 | $56,000,000 | $28,000,000 | $31,000,000 | |
| 2025 |
|
26 | $31,000,000 | $31,000,000 | $87,000,000 | $29,000,000 | $32,000,000 | |
| 2026 |
|
27 | $33,000,000 | $33,000,000 | $120,000,000 | $30,000,000 | $33,000,000 |
Contract Notes
Incentives
- Total Incentives: $10 million
- 2023-24: $2,500,000 ULTBE (>= 75% reg season games + (a) $1,000,000 MVP, (b) $1,500,000 DPOY, (c) $1,000,000 1st/2nd All-NBA, (d) $500,000 3rd All-NBA)
- 2024-25: $2,500,000 ULTBE (>= 75% reg season games + (a) $1,000,000 MVP, (b) $1,500,000 DPOY, (c) $1,000,000 1st/2nd All-NBA, (d) $500,000 3rd All-NBA)
- 2025-26: $2,500,000 ULTBE (>= 75% reg season games + (a) $1,000,000 MVP, (b) $1,500,000 DPOY, (c) $1,000,000 1st/2nd All-NBA, (d) $500,000 3rd All-NBA)
- 2026-27: $2,500,000 ULTBE (>= 75% reg season games + (a) $1,000,000 MVP, (b) $1,500,000 DPOY, (c) $1,000,000 1st/2nd All-NBA, (d) $500,000 3rd All-NBA)
Source:
Spotrac
2019-2022 Rookie
Tyler Herro signed a 4 year , $17,188,836 contract with the Miami Heat, including $17,188,836 guaranteed, and an average annual salary of $4,297,209.
Contract Terms:
4 yr(s) / $17,188,836
Average Salary:
$4,297,209
GTD at Sign:
$7,462,440
Total GTD:
$17,188,836
Signed Using:
rookie-scale-exception
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Career Earnings thru 2024
$72,961,324
Career Earnings w/ Different Teams
1 team
Earnings Per Year
| Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
|---|---|---|---|---|---|---|
| 2019 | 20 |
|
Active
|
$3,412,688 |
$3,412,688 |
|
| 2020 | 21 |
|
Active
|
$3,822,240 |
$7,234,928 |
|
| 2021 | 22 |
|
Active / Club Exercised
|
$4,004,280 |
$11,239,208 |
SMOY |
| 2022 | 23 |
|
Active / Club Exercised
|
$5,722,116 |
$16,961,324 |
|
| 2023 | 24 |
|
Active
|
$27,000,000 |
$43,961,324 |
|
| 2024 | 25 |
|
Active
|
$29,000,000 |
$72,961,324 |
|
| Total |
$72,961,324 |
$72,961,324 |
||||
| 2025 | 26 |
|
Active
|
$31,000,000 |
$103,961,324 |
|
| 2026 | 27 |
|
Active
|
$33,000,000 |
$136,961,324 |
|
| Total |
$136,961,324 |
| Year | Team(s) | Age | Base | Signing | Incentives | Cash Total | Cash Cumulative |
|---|---|---|---|---|---|---|---|
| 2019 |
|
20 |
$3,412,688
|
$3,412,688 |
$3,412,688 |
||
| 2020 |
|
21 |
$3,822,240
|
$3,822,240 |
$7,234,928 |
||
| 2021 |
|
22 |
$4,004,280
|
$4,004,280 |
$11,239,208 |
||
| 2022 |
|
23 |
$5,722,116
|
$5,722,116 |
$16,961,324 |
||
| 2023 |
|
24 |
$27,000,000
|
$27,000,000 |
$43,961,324 |
||
| 2024 |
|
25 |
$29,000,000
|
$29,000,000 |
$72,961,324 |
||
| Total |
$72,961,324 |
$72,961,324 |
$72,961,324 |
||||
| 2025 |
|
26 |
$31,000,000
|
$31,000,000 |
$103,961,324 |
||
| 2026 |
|
27 |
$33,000,000
|
$33,000,000 |
$136,961,324 |
||
| Total |
$136,961,324 |
$136,961,324 |
Earnings Per Team
| Years | Team | Base | Signing | Incentives | Cash Cumulative |
|---|---|---|---|---|---|
| 5 |
|
$43,961,324 | - | - | $43,961,324 |
-
Oct 02, 2022
Signed a 4 year $120 million rookie contract extension with Miami (MIA)
-
Jan 05, 2022
Fined $2,000 for ejection from MIA-POR game
-
Dec 26, 2021
Fined $2,000 for ejection from ORL-MIA game
-
Sep 03, 2021
Miami (MIA) exercised $5.72 million option for 2022-23
-
Dec 01, 2020
Miami (MIA) exercised $4 million option for 2021-22
-
Jul 10, 2019
Signed a 4 year $17.19 million rookie scale contract with Miami (MIA)
-
Jun 20, 2019
Drafted by Miami (MIA): Round 1 (#13 overall)
Fines
| Date | Reason | Fine Amount | ||
|---|---|---|---|---|
| Dec 26, 2021 |
|
for technical foul during ORL-MIA game | $2,000 | |
| Dec 26, 2021 |
|
for ejection from ORL-MIA game | $2,000 | |
| Dec 26, 2021 |
|
for technical foul during ORL-MIA game | $2,000 | |
| Jan 05, 2022 |
|
for technical foul during MIA-POR game | $2,000 | |
| Jan 05, 2022 |
|
for ejection from MIA-POR game | $2,000 | |
| Mar 11, 2022 |
|
for technical foul during CLE-MIA game | $2,000 | |
| Apr 02, 2022 |
|
for technical foul during MIA-CHI game | $2,000 | |
| Apr 03, 2022 |
|
for technical foul during MIA-TOR game | $2,000 | |
| Nov 27, 2022 |
|
for technical foul during MIA-ATL game | $2,000 | |
| Jan 20, 2023 |
|
for technical foul during MIA-DAL game | $2,000 | |
| Mar 15, 2023 |
|
for technical foul during MEM-MIA game | $2,000 | |
| Apr 04, 2023 |
|
for technical foul during MIA-DET game | $2,000 | |
| Nov 06, 2023 |
|
for technical foul during LAL-MIA game | $2,000 | |
| Jan 08, 2024 |
|
for technical foul during HOU-MIA game | $2,000 |
| Year | Team | GP | GS | Min/Gm | Pt/Gm | Reb/Gm | Ast/Gm | Stl/Gm | Blk/Gm | FG% | 3PT% | FT% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | MIA | 42 | 40 | 33.1 | 20.8 | 5.3 | 4.5 | 0.7 | 0.1 | .441 | .396 | .856 |
| 2022 | MIA | 67 | 67 | 34.9 | 20.1 | 5.4 | 4.2 | 0.8 | 0.2 | .439 | .378 | .934 |
| 2021 | MIA | 66 | 10 | 32.6 | 20.7 | 5.0 | 4.0 | 0.7 | 0.1 | .447 | .399 | .868 |
| 2020 | MIA | 54 | 15 | 30.3 | 15.1 | 4.9 | 3.4 | 0.6 | 0.3 | .439 | .360 | .803 |
| 2019 | MIA | 55 | 8 | 27.4 | 13.5 | 4.1 | 2.2 | 0.6 | 0.2 | .428 | .389 | .870 |
