The Miami Heat want to keep Bam Adebayo around long term, and the team is working out a contract to make that happen.
According to Ira Winderman of the South Florida Sun Sentinel, the Heat are in the process of extending the former Wildcat’s contract, and it’s going to be a big one.
The offer? A five-year, maximum contract extension worth upwards of $200 million.
“The Miami Heat are moving forward with a maximum rookie-scale extension for All-Star center, an NBA source confirmed to the Sun Sentinel, a five-year agreement that would kick in for the 2021-22 season and could run upwards of five years at almost $200 million,” Winderman reported. “The Heat have a Dec. 21 deadline to finalize such an agreement, the day before the scheduled start of the pandemic-delayed 2020-21 season.”
Shams Charania of The Athletic has reported a five-year, $163 million contract extension for Adebayo, which could reach as high as $195 million with incentives.
— Shams Charania (@ShamsCharania) November 24, 2020
Following news of De’Aaron Fox, Jayson Tatum and Donovan Mitchell all signing max extensions with their respective franchises, ESPN’s Adrian Wojnarowski hinted at Adebayo being next in line to receive a rookie max extension, as well.
One more deserving rookie max extension candidate in this 2017 draft class: Miami’s Bam Adebayo. https://t.co/GMCFdTUq2t
— Adrian Wojnarowski (@wojespn) November 22, 2020
In his third year with the Heat, Adebayo averaged 15.9 points, 10.2 rebounds, 5.1 assists, 1.3 blocks and 1.1 steals per contest to help lead Miami to the NBA Finals. He was named to his first NBA All-Star game and earned NBA All-Defensive Second Team honors in 2020.
During his time at Kentucky, the former Wildcat averaged 13.0 points, 8.0 rebounds and 1.5 blocks per contest in 38 games during the 2016-17 season. After declaring for the NBA Draft following his freshman campaign, the Heat selected him with the 14th overall pick.
Two max extensions for former Wildcats in one offseason? We’ll take it.