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Heat, Larsson agree on 4-year extension worth up to $60 million, AP source says
On Friday, the Miami Heat agreed to a four-year, $60 million contract extension with guard Pelle Larsson, including a mutual option for the 2030-31 season.
Larsson's role expanded significantly last year, appearing in 70 games while his minutes climbed from 14.2 to 26.4 per contest.
The contract starting at $13.5 million for 2027-28 reflects a strategic shift for the Heat, which in recent years allowed Max Strus, Gabe Vincent, and Duncan Robinson to depart ahead of free agency.
Coach Erik Spoelstra called Larsson the 'ultimate glue guy' following the team's 43-39 season, while Larsson credited increased court time for his improved comfort.
Larsson will support Klay Thompson on a revised roster built around Giannis Antetokounmpo, positioning the Heat around their prime offseason acquisition.