Tyler Herro is a shooting guard who is one of the rising stars in the NBA. He plays for the Miami Heat and has been one of the most important pieces for the Heat in recent years. He has been to the NBA finals once and has played in the conference finals thrice. He is a lights-out shooter from beyond the arc and is a microwave who can score in a hurry.
During the 2019-2020 NBA finals against the Lakers, Herro put on a show and was mugged after scoring. Ever since then, he has been a decent player in the NBA but has not taken the steps every fan and analyst thought he would. Whether it is getting trapped in the city life of Miami or getting featured in a music video with Jack Harlow, Herro has quite frankly been distracted. His early success led to the Heat offering him huge amounts of money which has not been worth it so far.
Herro won the Sixth Man of the Year Award in the 2021-22 season and proved that he still belonged in the league. This season he is averaging a career-best 22.9 points and is shooting at 44.7 percent from the field and 41.0 percent from three-point range. All the criticism may finally stop this season since he rejuvenated his game.
Tyler Herro Contract Breakdown
| Year | Base Salary | SigningBonus | Cap Hit | Dead Cap | Yearly Cash |
| 2023-24 | $27,000,000 | - | $27,000,000 | - | $27,000,000 |
| 2024-25 | $29,000,000 | - | $29,000,000 | - | $29,000,000 |
| 2025-26 | $31,000,000 | - | $31,000,000 | - | $31,000,000 |
| 2026-27 | $33,000,000 | - | $33,000,000 | - | $33,000,000 |
How much is Tyler Herro getting paid?
Herro will earn a base salary of $27 million in the 2023-24 NBA season, $29 million in the 2024-25 season, $31 million in the 2025-26 season, and $33 million in the 2026-2027 season. Herro recently signed his second contract with the Miami Heat. He signed a four-year $120,000,000 contract on October 2nd, 2022. He was previously under an entry-level contract with the Heat which was worth $17,188,836.
How much does Tyler Herro make in a minute?
Herro is currently earning $51 per minute, $18,750 a day. This is crazy to think about because a common man in the United States earns $27.6 a day and $57,447 per year. Herro could probably buy a Nissan Versa every day and it will still not hurt his pockets!
Tyler Herro’s Career Earnings
After the 2023-2024 season, Herro will have accumulated a total of $43,961,324 million in 5 years playing for the Miami Heat. In the 2022-23 season, while under the rookie contract, Herro earned $5,722,116 as his base salary and $4,004,280 in the 2021-22 season.
By the time his current contract ends, Herro will have a career earnings of $136,961,324. The kind of money that the NBA players are making is absurd. As the league keeps growing across the globe, the players are earning more money than ever before.
What are the terms of Tyler Herro’s Contract?
Herro is currently under a four-year contract with the Miami Heat which is worth $120 million. This includes $120 million guaranteed with an annual base salary of around $30,000,000. He also has incentives worth $10 million and here are the terms. The following are the terms of Herro’s current contract
2023-24: $2,500,000. Has to play 75% reg season games. (a) $1,000,000 for MVP, (b) $1,500,000 for DPOY, (c) $1,000,000 for making it to the 1st/2nd All-NBA, (d) $500,000 for the 3rd All-NBA)
2024-25: $2,500,000. Has to play 75% reg season games. $1,000,000 for MVP, (b)
$1,500,000 for DPOY, (c) $1,000,000 for making it to the 1st/2nd All-NBA, (d) $500,000 3rd All-NBA)
2025-26: $2,500,000. Has to play 75% reg season games. (a) $1,000,000 for MVP, (b) $1,500,000 for DPOY, (c) $1,000,000 for making it to the 1st/2nd All-NBA, (d) $500,000 3rd All-NBA)
2026-27: $2,500,000. Has to play 75% reg season games. (a) $1,000,000 for MVP, (b) $1,500,000 for DPOY, (c) $1,000,000 for making it to the 1st/2nd All-NBA, (d) $500,000 3rd All-NBA)
How much of Tyler Herro’s contract is guaranteed?
Herro signed a four-year $120 million contract with the Heat. In the 2023-24 season, he will receive a guaranteed salary of $27,000,000 million, $29,000,000 million guaranteed in the 2024-25 season, $31,000,000 million guaranteed in the 2025-26 season, and $33,000,000 million guaranteed in the 2026-2027 season.
Tyler Herro’s Contract History
| YEAR | TEAM | SALARY | SIGNING BONUS | TOTAL CASH |
| 2019-20 | Heat | $3,412,688 | - | $3,412,688 |
| 2020-21 | Heat | $3,822,240 | - | $3,822,240 |
| 2021-22 | Heat | $4,004,280 | - | $4,004,280 |
| 2022-23 | Heat | $5,722,116 | - | $5,722,116 |
| 2023-24 | Heat | $27,000,000 | - | $27,000,000 |
| 2024-25 | Heat | $29,000,000 | - | $29,000,000 |
| 2025-26 | Heat | $31,000,000 | - | $31,000,000 |
| 2026-27 | Heat | $33,000,000 | - | $33,000,000 |
| Total | $136,961,324 | $136,961,324 |
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FAQs
A. Tyler Herro was born on January 20, 2000, in Greenfield, Wisconsin.
A. Tyler Herro is 6 feet 5 inches tall and weighs 195 pounds.
A. Tyler Herro attended Whitnall High School in Greenfield, Wisconsin.
A. Tyler Herro's career NBA three-point shooting percentage is 38.4%.
