MIAMI (AP) — Bam Adebayo and the Miami Heat have agreed on a contract extension that will be worth at least $163 million over five seasons starting in 2021-22, the team and Adebayo’s agent Alex Saratsis said Tuesday.
Adebayo will make $5.1 million this season, the final year of his rookie contract. From there, the extension will kick in with a starting salary of somewhere around $28.1 million for the 2021-22 season. And if he makes an All-NBA team this season his annual salary would only rise more.
The contract has not been signed and won’t be until Adebayo completes a physical, something that is likely to occur in the next few days.