"Instead of agreeing to a long-term extension with the Nets, Thomas opted to sign a one-year qualifying offer with the team. Could that have been done so Thomas could take command of his future? Sure. However, the bigger reason why Thomas had to "settle" for such a move revolves around the idea that the Nets didn't want to give him a particularly long or expensive contract extension."
"What does this have to do with the Heat and Herro? Fair question. But it's the idea that Herro and Thomas are similar players, and that if Thomas had a rough time finding a long-term deal of his liking, the odds are that Herro is going to find himself in a very similar spot. Herro becomes contract extension eligible October 1, but if he and the Heat can't agree to a deal, he'll have an opportunity to his unrestricted free agency next summer."
Cam Thomas signed a one-year qualifying offer after the Nets avoided a long, expensive extension, illustrating team reluctance to commit large deals to similar role players. Tyler Herro is now in a comparable position as he becomes extension-eligible on October 1, with the Heat able to either offer a long-term deal or risk him reaching unrestricted free agency next summer. The Heat must weigh franchise-altering consequences, balancing the certainty of a contract now against the gamble of retaining roster flexibility. Strong arguments exist on both sides, and the outcome depends on Herro's valuation versus what the Heat will pay.
Read at All U Can Heat
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