Bam Adebayo and the Miami Heat are close to completing a contract extension, the team confirmed Tuesday.
Once the deal is finalized, Adebayo – taking into consideration his current salary – will be guaranteed at least $ 168 million for the next six seasons, an amount that could rise to $ 200 million.
The power forward will earn 5.1 million this season, the last year of his rookie contract. Its extension will begin later, with a starting salary of 28.1 million in the 2021-22 campaign. If he is selected to an “All-NBA” team next season, after this year was close, his annual salary would increase.
The Heat had until Dec. 21 to agree to an extension with Adebayo this season, or they would have had to wait until next summer. Miami had indicated that the team’s goal was to give Adebayo a new contract, but the question was when.
Adebayo is coming off the best season of his career. He was selected to the All-Star Game for the first time and won that weekend’s skills competition. His stopper preserved the win on a dunk attempt by Jayson Tatum in the final seconds of the opener against Boston in the Eastern Conference final series and he was named the best defensive team of the year.
When the contract is ready, Adebayo will become the fourth player in the 2017 draft to secure a maximum extension, alongside De’Aaron Fox (Sacramento), Donovan Mitchell (Utah) and Tatum.