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Pelle Larsson, Heat agree to new four-year $60 million extension

(Mandatory credit: Getty Images)

Some Miami Heat breaking news came via a Shams Charania report on Friday evening with Pelle Larsson agreeing to a new four-year $60 million contract extension.

Larsson emerged as a key rotation piece and underrated role player last season for Miami. He is coming off averages of 11.4 points, 3.5 rebounds and 3.4 assists on 48% shooting while also leading the team in charges drawn.

Miami made it a point to hold onto Larsson as one of their only development pieces remaining in their early summer Giannis Antetokounmpo blockbuster. He is a two-way physical wing capable of playing either guard or forward positions and primed to continue improving in the Heat’s system.

The 25-year-old third year wing earned opportunities last year, most notably by stepping into coach Erik Spoelstra’s starting lineup in place of injured Tyler Herro or Norman Powell. Larsson was a second-round draft selection find by Adam Simon and the crew in 2024.

This new deal comes out to an average of $15 million annually over the next four years, just a couple million above the non tax-payer midlevel exception price tag.

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2qbn
2qbn
25 days ago

It’s nice Pelle will be able to show off his NBA championship ring to his FIBA teammates next time around.

SunManFromDogBone
SunManFromDogBone
25 days ago

EASTERN CONFERENCE PREDICTIONS (SPORTS ILLUSTRATED)

PLACE TEAM RECORD
1 Knicks 52–30
2 Cavaliers 51–31
3 Celtics 50–32
4 76ers 49–33
5 Pistons 48–34
6 Raptors 45–37
7 Heat 44–38
8 Pacers 43–39
9 Magic 42–40
10 Hawks 39–43

WESTERN CONFERENCE PREDICTIONS (SPORTS ILLUSTRATED)

PLACE TEAM RECORD
1 Spurs 63–19
2 Thunder 59–23
3 Timberwolves 52–30
4 Lakers 50–32
5 Nuggets 48–34
6 Rockets 46–36
7 Jazz 43–39
8 Suns 42–40
9 Warriors 40–42
10 Trail Blazers 39–43

Reality Czech
Reality Czech
25 days ago

Ausar Thompson 5 years $155m $31m per season.
9.9/5.7/3.1 25% 3p% 26 mpg.

Pelle 4 years $60m $15m per season.
11.4/3.5/3.4 32.3 3p% 26 mpg.

SunManFromDogBone
SunManFromDogBone
25 days ago
Reply to  Reality Czech

Sounds like it is win/win at $15.M re: Pella. Only time will tell which one develops into a better all around player. For now, he’s a bargain. Jaquez should get $20M – $25M per.

2015Heat
2015Heat
25 days ago
Reply to  Reality Czech

Both winning players and good deals from the team side. The key number for Ausar is 109.7, Detroit’s defensive rating last year. They won 60 games with Cade + the #2 defense in the NBA and Ausar was the key to their defense.

SunManFromDogBone
SunManFromDogBone
24 days ago
Reply to  2015Heat

Half price for Pelle, any day!

2015Heat
2015Heat
24 days ago

Both “team friendly” deals, Pelle below the MLE is surprising, he can opt out in year 4. Ausar at 15% of the cap for 5 years, no options is also a really good deal for Detroit from the team side, they only put guaranteed money on the table when its an underpay.

Last edited 24 days ago by 2015Heat
2015Heat
2015Heat
25 days ago

Crazy good value for the Heat to have Larsson and Wiggins making around $30m combined next year, this shows why they frontloaded Wiggins extension this year.

The MLE is 9.12% of the salary cap per year, this deal is actually less than the MLE going forward. MLE will be a projected 16m next year and increasing each year as the cap increases.

Pelle gets comparisons to Josh Hart here who is looking at 20m per year. I love Hart’s game, think Pelle has more potential in terms of shot creation. I thought 20 would be the number, a below MLE deal is a big discount IMO.

Reality Czech
Reality Czech
25 days ago

https://youtu.be/cwwWZpFK0uw

Discussion and film on Pelle’s defense.

TheBigRagu
TheBigRagu
25 days ago

Don’t get your hopes up

SunManFromDogBone
SunManFromDogBone
25 days ago
Reply to  TheBigRagu

Yeah RC. Tone it down a little. Wouldn’t want to encourage folks to start feeling optimistic around here.

SunManFromDogBone
SunManFromDogBone
25 days ago

Good move. Now if he and Jovic can play up to their contracts, that would be great.

Before you start ragging on him, remember, his extension doesn’t kick in until next year. If he can improve his 3 point shooting by then, he should be a lock as a starter down the road.

Jovic needs to get his game together now. If he is able to do so beginning this season, I can see him and Pelle being big contributors for years to come. The same with Mitchell. They all have higher gears they haven’t hit yet

I’m really looking forward to this season and seeing these guys gel as a team. Their defensive potential is tremendous and their offense shouldn’t be lagging far behind, especially if Spo lets the horses run.

heat for life
heat for life
25 days ago

jovics game not built for the nba he better be able to hit his js otherwise hes useless.they say a cat has nine lives jovic does to

SunManFromDogBone
SunManFromDogBone
25 days ago
Reply to  heat for life

Don’t give up on him yet cuz if he comes through, RC, Vagi and me gonna be ragging on your @$$ all season. Jus sayin. With all due respect.

heat for life
heat for life
24 days ago

ok so i can rag on u now please take off your heat sunglasses and put on your hfl realty sunglasses.i wish he would succede just dont see it.how can he be successful.what does he do good.he looks the part great nba body doesnt act the part

Reality Czech
Reality Czech
24 days ago
Reply to  heat for life

Oh yeah, I put on the Mr Negativity glasses and now can see he will never amount to anything, the Pelle contract is bad, our bc sucks, Dru too, Mitchell is too small, Klay is washed, Wiggins is just an okay player, Bam is overpaid, why Simone.
Wow, this fair weather fan stuff is invigorating!

heat for life
heat for life
24 days ago
Reply to  Reality Czech

pelle contract ok hes a #7 8 type player imo homer .where do u rate heat bc in east homer,dav is short if her were 6 3 be a better defender homer.drus d ok offense terrible homer.klay is at the end of his career would have preferred dd homer.wiggins is ok theres alot better at forward .bam is not a max player homer yes good complimentary player.what was he w/o jimmy homer in cleve playoffs homer hes not an alpha.simone signed to early prefer bruce brown over .i keep it real homer.where am i wrong homer what ive said.i want the heat to win as much as u just keeping it real homer

Reality Czech
Reality Czech
24 days ago
Reply to  heat for life

You’re wrong in just about everything fair weather fan. Your enthusiasm for our once again relevant team didn’t even make it to training camp, lol!

heat for life
heat for life
24 days ago
Reply to  Reality Czech

tell me where im wrong.i luv the heat and the basketball team to

Reality Czech
Reality Czech
24 days ago
Reply to  heat for life

As long as they’re winning

heat for life
heat for life
24 days ago
Reply to  Reality Czech

true to a degree how can u luv the dolphins theyve been mediocre to bad for 30 years.i watch them every sunday knowing theyre going no where breaks my sports heart.were easily my fav team were here way before the heat.hard to get into bad teams,can never like any sports teams but miami teams 4 sure but the dolphins frustrate me so much so the love for them on the down side right now.fins need a mickey arision pat riley type.looking forward to heat panthers canes,will the dolphins win a game this year?lgh

heat for life
heat for life
24 days ago
Reply to  Reality Czech

i said were a little short of jewelry imo.east is loaded could be anywhere from 3 – 8.nyk phily imo opinion better.we could be 3 -8.need a #2 type scorer derozan was that imo klay isnt that anymore imo.i;ll trust vagi on that whos seen him quite a bit

Reality Czech
Reality Czech
24 days ago
Reply to  heat for life

I think 3-6

Reality Czech
Reality Czech
24 days ago
Reply to  heat for life

The likelihood is there will be no major trade or changes until possibly the trading deadline. Here’s a crazy suggestion – why not wait until the season starts and we get 20-25 games in so you can see how and if things are working, rather than making judgments even before we get to training camp? I think they will be.

heat for life
heat for life
24 days ago
Reply to  Reality Czech

thats the fun of sports wtf else is there to talk about i think theyre a 50 win team and fall a little short of jewelry unless a #2 option is acquired.ive been saying this for years imo cant win chip with bam as your 2nd best player can as third best .see bam w/o jimmy versus cavs playoffs max player lol.top 20 player?if your picking 20 players for your team is bam in there?if your picking 3 players for your team is greek in there?if your picking 50 players wigg in there?150 players pelle? 420 jovic?

Reality Czech
Reality Czech
23 days ago
Reply to  heat for life

You can see and accentuate the positives more than the negatives, or at least be equal. I wasn’t on the bandwagon to give away so many assets initially, but I did see the positives, and I see more now. I always liked Giannis. I was glad we got Portis too. I think Klay is a solid fit (and a much better fit than DD specifically for 3 point shooting). I think we will see improvement from both Pelle and Mitchell. I am happy that the team has retained and added young players – Pelle, Gardner, Conwell, Donaldson, Keshad, and, yes, Jovic. This team is very good and has a shot to be special even, imo, if they don’t add another player. I’m looking forward to the season. First preseason game in 2 weeks. I’m excited.

Last edited 23 days ago by Reality Czech
heat for life
heat for life
23 days ago
Reply to  Reality Czech

every fan base thinks there players will improve i hope so to vagi watched klay alot last year or 2 very negative reports u and i did not see alot of klay.team is def better but players 3-15 little underwhelming imo whos 3rd best player compare him to nyk or philys 3rd best player.imo u cant win a chip with bam your 2nd bestplayer.

Reality Czech
Reality Czech
23 days ago
Reply to  heat for life

You see it your way, I’ll see it my way. As I stated, your euphoria and joyful backflips didn’t even last into training camp.

‘every fan base thinks there players will improve’
…..but not every fan.

SunManFromDogBone
SunManFromDogBone
24 days ago
Reply to  heat for life

Sometimes the sum is greater than the parts. 69 Mets, 69 Jets, 80 US hockey team, 2027 Heat.

heat for life
heat for life
24 days ago

i think were a good scorer kd kyrie from jewelry.besides greek no pt getters.if u take greek off this team theyre an under 500 imo

SunManFromDogBone
SunManFromDogBone
24 days ago
Reply to  heat for life

I agree about KD. I don’t think you are giving the defense enough credit. I can’t think of a starting 5 better defensively than the Heat. (Mitchell, Larsson, Wiggins, Giannis and Bam. Most teams have 1-2 guards that are mediocre or worse than average defenders..

heat for life
heat for life
24 days ago

very good d best maybe spurs with wemby okcs with all those bros.nobodys stops ss and really good players that bc imo not champ level sm.jrues a much better defender than small davion.not sure now but in his day jrue could guard 1-4 strong as an ox what a player he was i wouldnt mind him and dav b/c,dont think pelles closing type player

SunManFromDogBone
SunManFromDogBone
24 days ago
Reply to  heat for life

That is what is meant by going “all in.” You gamble everything you have for a shot at glory. Miami has aleady put almost everything on the table. May as well put the rest out there and go for broke.

heat for life
heat for life
24 days ago

its champ or bust when greeks here.imo just a kd kyrie type player short after greek not looking forward to that.all in def.need little more imo

heat for life
heat for life
24 days ago

the greatest sum is greater than indiv parts was 72 dolphins sm

SunManFromDogBone
SunManFromDogBone
24 days ago
Reply to  heat for life

I guess that recent lobotomy didn’t get all the Debbie downer stuff. Gonna have to take you back for a little “tweaking.”

Reality Czech
Reality Czech
24 days ago

Nope, that euphoria and those joyous backflips didn’t even last until training camp.

SunManFromDogBone
SunManFromDogBone
24 days ago
Reply to  Reality Czech

Get that boy some good mota. Oh, I forgot, its against the law in Fla. unless you have cancer, Parkinson’s disease, multiple sclerosis or some other debilitating condition. Out here, you just place a phone order and it’s delivered to your home, legally. Life is good.

heat for life
heat for life
25 days ago

what have u seen from jovic that makes u think he can play here.he shows flashes at times but never consistently good.pats made some mistakes with contracts so far this is a mistake but he gets another chance and another and another.pelle can play here hes tough athletic,jovic has neither

Reality Czech
Reality Czech
25 days ago
Reply to  heat for life

Some people see what you obviously can’t. But the only thing he’s shown in 4 years is potential, and you don’t win games or get minutes with potential. He has to execute. As a 6’10” point forward who can handle, pass, and shoot, he can be a real asset to the team as a player and as a trade chip IF he puts it together. I know that’s a big IF, and if he fails to show anything this season, all the non believers will have been correct.

heat for life
heat for life
25 days ago
Reply to  Reality Czech

if if if so far no no no.

Reality Czech
Reality Czech
25 days ago
Reply to  heat for life

Correct

heat for life
heat for life
25 days ago
Reply to  Reality Czech

a cat has 9 lives new name for him kitola katzic

Reality Czech
Reality Czech
25 days ago
Reply to  heat for life

That’s the best you can do?

2qbn
2qbn
25 days ago
Reply to  Reality Czech

We know he can do much worse.

heat for life
heat for life
24 days ago
Reply to  2qbn

cat stevensic

MIAtrix
MIAtrix
24 days ago
Reply to  Reality Czech

Jovic should play better this year. He won’t be forced to play out of position now, and with JJJ, he should have a more defined role. Plus he has the gravity of Giannis to play off of now, similar to playing with Jokic in international play. No excuses for him this year though.

Reality Czech
Reality Czech
24 days ago
Reply to  MIAtrix

Totally agree. Plus i think he will get encouragement from Giannis and Klay that he really didn’t get from Butler and others.

SunManFromDogBone
SunManFromDogBone
24 days ago
Reply to  Reality Czech

Yup. Glass is half full…not completely dry and broken on the floor.

SunManFromDogBone
SunManFromDogBone
24 days ago
Reply to  MIAtrix

Exactly!

2015Heat
2015Heat
25 days ago
Reply to  heat for life

Jovic is only 23, a year younger than Lendeborg. By year since his rookie year he’s played 5%, 23%, 29%, 21% of the Heat’s available minutes. Minutes trending up until last year, was supposed to be his breakout year as a full-time starter, didn’t happen and it was a lost year but only one season.

Last edited 25 days ago by 2015Heat
SunManFromDogBone
SunManFromDogBone
25 days ago
Reply to  2015Heat

Hopefully, he comes into camp with his head and game together. No mas drama!

Reality Czech
Reality Czech
25 days ago

Pelle 4 years/$60m extension. Yay! I also think it’s a good move.

Bout30man
25 days ago

Congrats to Pelle. And this contract is, in my opinion, a very astute move by the front office in buying in on a player who showed enough in year one to justify their faith. BTW, I never offered similar sentiments at this moment for a previous contract offer that was very much like this one.
I say that for the record because we all have been posting for years now and we pretty much know each others thoughts on most players. I just want to be on the record that I endorsed this move.

Last edited 25 days ago by Bout30man
heat for life
heat for life
25 days ago

2015s happy

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