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Heat give Herro 4-year, $130M extension

(AP Photo/Wilfredo Lee)

MIAMI (AP) Tyler Herro's future is secure, and the Miami Heat have him locked up for five years.

Herro signed a four-year contract extension with the Heat on Sunday. A person with knowledge of the details said the deal could be worth as much as $130 million - less than the maximum that Herro could have gotten, but a significant commitment from Miami nonetheless.

The deal has $120 million in guaranteed salary and another $10 million in incentives, said the person, who spoke to The Associated Press on condition of anonymity because the financial details were not made public. ESPN first reported the sides had reached an agreement.

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