Reports – Heat’s Bam Adebayo to sign 3-year, $166M extension

MIAMI — One of the NBA’s best point guards, Bam Adebayo, is set to become a two-time U.S. Olympian and wants to sign a three-year, $166 million extension with the Miami Heat the next time the league’s offseason moratorium is lifted. month, according to multiple reports.

Adebayo, who turns 27 in July, can sign the contract on July 6, according to league rules.

Miami’s captain and starting center has two years and about $72 million remaining on his current contract with the Heat, the only team he has played for since Miami drafted him in 2017.

Adebayo has made the NBA All-Defensive team in each of the last five seasons, and was named to the first team for the first time this past season.

“I feel like it’s been a long time coming, obviously,” Adebayo said when he made the first team. “Being in the moment, enjoying it and being blessed to be one of the chosen ones.”

Adebayo, a member of the U.S. Olympic team that won gold at the Tokyo Games three years ago, is on the team for next month’s Paris Games. He averaged 19.3 points, 10.4 rebounds and 3.9 assists for the Heat last season.

Adebayo is three years into his current contract, a five-year, $163 million contract.

The Associated Press contributed to this report.

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