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Herro comments after signing extension
Miami Heat guard Tyler Herro. Jasen Vinlove-USA TODAY Sports

Tyler Herro is officially laughing all the way to the bank.

The Miami Heat shooting guard secured a new four-year extension from the team this week that could be worth up to $130M. After news of Herro’s extension broke, he took to Twitter with a savage post. Herro tweeted a GIF of Bugs Bunny counting up money.

The tweet could be interpreted as a message to Herro’s haters. Many fans called for Herro to be traded this summer, and when he managed to survive his inclusion in multiple trade rumors, Herro seemingly gloated a little bit.

Some have already labeled Herro’s new extension as an overpay, citing his limitations defensively and his uneven postseason performance last year. But for a player who is still only 22, averaged 21-5-4 in 2021-22, and won Sixth Man of the Year, it seems like pretty fair value. Herro’s extension also has $120M guaranteed (the other $10M is in incentives) and is $20-$30M below a max deal, per salary cap expert Albert Nahmad.

For the Heat, who were the top seed in the East last season and came within a hangnail of another Finals berth, Herro becomes their third $100M player on the books (after Jimmy Butler and Bam Adebayo). In addition to extending Herro, Miami appears to have some interesting plans this season.

This article first appeared on Larry Brown Sports and was syndicated with permission.

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