Heat Secure Andrew Wiggins With $64 Million Deal After Trade
WHO:
NY Post - Andrew Wiggins is involved with the Miami Heat.
Newsweek - Shams Charania is an ESPN NBA insider reporting on the contract.
WHAT:
Miami Herald - Andrew Wiggins opted in to a $30.2 million player option for the upcoming season and agreed to a two-year extension worth $34 million.
Miami Herald - Wiggins will have a projected salary of $16.5 million for the 2027-28 season and $17.5 million for the 2028-29 season, with a player option in the final year.
Miami Herald - The Miami Heat's current salary-cap breakdown includes 10 players on standard contracts for next season, totaling about $190 million committed to salaries.
Miami Herald - The projected salary cap for the 2026-27 season is set at $165 million, with the projected luxury tax at $200.5 million.
Miami Herald - The Heat is expected to approach the first apron of $209 million for the upcoming season.
NY Post - The Miami Heat have given Andrew Wiggins a $64 million contract.
Newsweek - Andrew Wiggins has agreed to a new contract with the Miami Heat.
WHERE:
NY Post - The Miami Heat are based in Miami, Florida.
WHEN:
NY Post - The contract was secured following a trade involving Giannis Antetokounmpo.
WHY:
Miami Herald - Wiggins' decision to opt in and agree to an extension does not lower his cap hit for the upcoming season but allows the Heat more flexibility to build around Antetokounmpo in future summers.
NY Post - The contract is part of the Miami Heat's plans for the future.
HOW:
Miami Herald - The Heat can shed salary through a trade to create more room under the first apron, potentially trading Nikola Jovic's $16.2 million salary.
Newsweek - The agreement was reported by ESPN NBA insider Shams Charania.
(UPDATED June 29, 2026 23:22 UTC)
Andrew Wiggins has opted in to a $30.2 million player option for the upcoming season and signed a two-year extension worth $34 million, which will see him earning a projected $16.5 million in the 2027-28 season and $17.5 million in the 2028-29 season, with a player option in the final year. Meanwhile, the Miami Heat currently have about $190 million committed to salaries for ten players next season, with the projected salary cap set at $165 million and the luxury tax at $200.5 million, as they approach the first apron of $209 million. To create more room under that first apron, the Heat may look to shed salary through trades, potentially including Nikola Jovic's $16.2 million salary.
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(UPDATED June 29, 2026 21:29 UTC)
The Miami Heat have secured Andrew Wiggins with a $64 million contract, following a trade involving Giannis Antetokounmpo. This agreement, reported by ESPN NBA insider Shams Charania, is part of the team's strategic plans for the future. The Miami Heat, based in Miami, Florida, are looking to strengthen their roster with this significant addition.