Why the Heat Decided Pelle Larsson is Worth $60 Million

Pelle Larsson is staying in Miami. The Heat have agreed to a four-year, $60 million extension with Larsson, including a mutual option in the final season. Wes Goldberg and David Ramil explain why Miami views Larsson as a core piece alongside Giannis Antetokounmpo and Bam Adebayo — and why this contract could become a bargain.

Then, how did the Heat clean up their salary cap situation so quickly? After carrying several questionable contracts, Miami suddenly has a much healthier long-term outlook thanks to Andrew Wiggins’ new deal, Larsson’s extension and flexibility surrounding future deals for Giannis and Davion Mitchell.

Finally, should the Heat eventually retire Jimmy Butler’s No. 22? His résumé includes two Finals appearances, but the ugly breakup left damaged relationships and lost respect on both sides. Is reconciliation possible?

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.