The Miami Heat must evaluate extension options for several players as they approach the 2025-26 season, with over $60 million in expirings. Andrew Wiggins, with a current four-year, $109 million contract, is not expected to be extended but has potential value for future trades. Terry Rozier's poor performance, coupled with ongoing legal issues, makes any extension improbable. Lastly, while Norman Powell is eligible for a maximum extension, he too is not likely to receive one before the upcoming season begins.
Andrew Wiggins is entering the penultimate year of a four-year, $109 million contract, with a player option for the final year. The Heat plans to build his value back up for a future trade.
Terry Rozier averaged 10.6 points per game last season with 39.1 percent shooting, and is under investigation, making his extension extremely unlikely before the new season.
Norman Powell is eligible for an extension amount up to the maximum allowed, but he is not expected to be extended before the upcoming season.
Miami Heat has over $60 million in expiring contracts heading into the 2025-26 season, requiring decisions on several extension-eligible players.
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