Heat, Larsson agree on 4-year extension worth up to $60M, AP source says

Pelle Larsson and the Miami Heat have agreed on a four-year contract extension that could be worth up to $60 million. A person familiar with the talks shared the details with The Associated Press. Larsson's starting salary for 2027-28 will be $13.5 million, with a mutual option for the 2030-31 season. Larsson was originally picked by Houston in 2024 before being traded to Miami. He quickly became a key player for the Heat, playing in 55 games as a rookie and 70 games last season.

The Heat have praised his development, including his performances for Sweden this summer in World Cup qualifiers.

Read the original report at Apnews.