Lottery for Erik Spoelstra! Heat manager reaches eight-year, $120 million extension

Lottery for Erik Spoelstra!  Heat manager reaches eight-year, 0 million extension

Miami — Erik Spoelstra and the Miami Heat have agreed to a contract extension, ensuring that the longest-tenured coach in franchise history will continue to add to his team’s records for many years to come.

Spoelstra signed an eight-year extension worth around $120 million, the largest contract in league history. NBA In terms of total value for a leader, according to a person with knowledge of the deal who spoke to The Associated Press on Tuesday on condition of anonymity because the terms were not publicly disclosed.

Spoelstra’s current contract expires after this season.

Spoelstra is in his 16th season as coach in Miami and his 29th season overall with the franchise. He started in the video room and eventually became a scout, assistant coach and then Pat Riley’s handpicked successor as quarterback in April 2008.

Spoelstra was 24 years old when he arrived in Miami. He is now 53 years old and has three NBA championship rings, two of them as Miami’s manager. He has led the Heat to the NBA Finals six times, including last season.

Spoelstra is the second-longest current mentor in the league behind San Antonio’s Gregg Popovich, who is in his 28th season as the Spurs’ coach. Spoelstra’s 725 regular-season wins rank 19th in NBA history, and only three coaches (Popovich with the Spurs, Jerry Sloan with Utah and Red Auerbach with Boston) have won more games with a franchise than Spoelstra. with the Heat.

Spoelstra is also an assistant coach for Team USA this Olympic cycle and will be part of Steve Kerr’s staff at the Paris Games this summer. Spoelstra will likely be among the leading candidates to take over the Olympic team for the next cycle that will culminate in the 2028 Los Angeles Games.

“What matters to us is the sweat and the effort,” Spoelstra said before this season began. “It’s about when no one is looking. We have a saying in the Heat: “There is beauty in routine, there is beauty in sweat.” “That’s what happens behind the scenes.”

Among Spoelstra’s highlights were a 27-game winning streak en route to a 66-16 record in the 2012-13 season (the winning streak was the second-longest in NBA history), NBA titles 2012 and 2013 NBA with teams led by LeBron James, Dwyane Wade and Chris Bosh, and nine coach of the month awards. During Spoelstra’s tenure in Miami, no manager in the league has more postseason victories. He has 109, 10 more than Kerr has had with Golden State.

The Heat highly value stability, and few sports franchises have enjoyed it as much on that front as Miami. There have only been six managers in the 36 years of the franchise; Ron Rothstein was the original coach for three years, followed by Kevin Loughery for parts of four years until Alvin Gentry took over on an interim basis to finish the 1994-95 season.

That’s when Riley arrived in Miami from New York. He coached until 2003, then promoted Stan Van Gundy from assistant to manager. Van Gundy sat out 21 games in his third season, Riley returned to the bench to lead the Heat to their first NBA title in 2006, and then Riley stepped aside again after the 2007-08 campaign to give the job to Spoelstra.

There has been no other change since then. Spoelstra passed Riley (454) as the franchise’s wins leader in December 2017 and now has nearly as many wins as the other five Heat coaches combined.

“We’ve had incredible stability and consistency over the years,” Spoelstra said last fall, when asked how he’s stayed with the Heat for so long. “I have been very fortunate to work for who I work for.”

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