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Pelle Larsson contract extension with Miami Heat

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2026-09-21 23:14 UTC → 2026-09-25 15:11 UTC · added ~~removed~~

Swedish guard Pelle Larsson has signed a four-year, $60 million contract extension with the Miami Heat. The agreement includes a mutual option for the 2030-31 season and is scheduled to begin with the 2027-28 season at an initial salary of approximately $13.5 million. Following a breakout campaign where he averaged 11.4 points per game, the extension secures the 25-year-old wing before he would have reached restricted free agency in 2027. Due to the specific structure and timing of the deal, Larsson is subject to NBA collective bargaining agreement restrictions that prevent him from being traded during the upcoming season, effectively removing him from the Heat’s trade market for that duration. Recent reports highlight Larsson’s efficiency, noting his scoring increased to 14.8 points when playing between 30 and 39 minutes per game. His two-way production is viewed as a fit for the Heat’s physical style of play. This extension comes amidst a high-profile off-season for Miami, which has also seen the acquisition of Giannis Antetokounmpo and the addition of veteran shooter Klay Thompson to bolster perimeter depth.

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