The Miami Heat have yet to sign Tyler Herro to a contract extension although anything can still happen moving forward.

Miami can offer the 22-year-old guard a five-year deal that could be worth as much as $188 million. Alternatively, they can also sign Herro to a four-year deal but this would be lesser than a maximum extension.

The 6-foot-5 guard is eligible to sign a contract extension this offseason. However, it appears the South Beach squad is in no rush to strengthen their hold on the 13th pick of the 2019 NBA Draft. This could be risky on their end because they stand to lose Herro next summer as a restricted free agent, Ira Winderman of the South Florida Sun-Sentinel quipped.

It would also be fair to note that Herro has also been frequently mentioned in trade rumors. Kevin Durant and Donovan Mitchell have been linked to the heat with the former Kentucky Wildcat seen as a pawn in any trade scenario, the Miami Herald reported.

Despite those chatter, Herro remains unfazed. He says these do not bother him and that all he cares about is being ready for the coming NBA season.

"I mean, ever since I’ve been here, my name has been in rumors. So rumors, they don’t bother me," Herro said. "Whether I’m on the Heat or somewhere else, I’m getting ready for the season."

Even if the Heat wait until he becomes a restricted free agent, the chances of seeing the 22-year-old guard move to another team is not a certainty.

This offseason, it was the same case that Deandre Ayton had with the Phoenix Suns. The best to expect is to monitor what the Heat will do once the Oct. 18 extension comes. But for now, there is no urgency on Miami’s part to address the contract situation of Tyler Herro.

Tyler Herro #14 of the Miami Heat
Tyler Herro #14 of the Miami Heat Getty Images | Eric Espada

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