The Miami Heat locked up one of their most promising young players this week as they inked Nikola Jovic to a contract extension, as per Shams Charania of ESPN. The move comes as the Heat open training camp and prepare for the 2025-26 regular season.
The contract extension that Nikola Jovic signed with the Heat is worth $62.4 million and for four years. Jovic was entering the final year of his rookie scale contract after the Heat exercised his team option before last season. If they did not come to an agreement on a contract extension, Jovic would have hit unrestricted free agency this coming offseason.
The No. 27 overall pick in the 2022 NBA Draft, Jovic’s playing time and role has increased in each of the past few seasons. Last year, his third in the NBA, Jovic put up career num