Tyler Herro extension on hold until Heat get clarity on Kevin Durant, Donovan Mitchell?

A potential extension for Tyler Herro will probably wait until the Miami Heat have more clarity on the Kevin Durant and Donovan Mitchell trade situations, writes Anthony Chiang of The Miami Herald. Herro is eligible for a rookie scale extension until the day before the 2022-23 regular season begins. If he and the team can’t agree on terms, he will become a restricted free agent next offseason.

Miami would likely have to include Herro in any package for Durant or Mitchell, but if he has an extension already in place, he would be subject to the “poison pill provision” until next July 1. That means if he’s traded between the time the extension is signed and when it takes effect, Herro’s trade value for the team that acquires him would be the average of the salaries of the final year of his rookie contract and each year of the extension. However, the outgoing salary for Miami would only be $5.7M, which is what he will make next season.

Herro, the reigning Sixth Man of the Year and the Heat’s second leading scorer last season at 20.7 PPG, has been mentioned prominently in trade rumors with both the Brooklyn Nets and Utah Jazz. Neither of those teams appear to be in a hurry to unload their stars, so Herro’s wait for an extension could drag all the way into the fall.