The Miami Heat matched a four-year offer sheet for Tyler Johnson to keep him from going to the Brooklyn Nets.
Johnson's contract includes a "poison pill" which means the back-half is much higher than the first two years. The Nets structured the contract in this manner in order to persuade Miami to not match it. The Heat elected to match it anyway and take the risk that Johnson ends up being worth the commitment.
Johnson's salary for the next two seasons will be roughly $11 million with the remaining $39 million coming in the final two years of the deal.
“We are extremely happy to re-sign Tyler,” said Heat President Pat Riley. “He, Hassan, Justise and Josh have grown together as an exciting, athletic, highly skilled young core over the last couple of years. They are going to have a tremendous opportunity this season and we are looking forward to watching them play together on the floor.”
The Heat likely would have let Johnson leave if Dwyane Wade stayed with the team. With those funds freed up, Miami had extra money available to take a chance on a potentially rising star.
Johnson should see a bigger role withthe Heat in the 2016-17 season. The team is young especially in terms of depth at the guard spot. Josh Richardson could see some starts, and Johnson could see some as well. Head coach Erik Spoelstra will have some big decisions ahead of next season.
Miami shored up its roster on Sunday with a flurry of signings and will head into next season with a young, but talented roster.