Tyler Herro Net Worth 2024: How much is he worth?

Miami Heat’s beloved guard Tyler Herro has been substantial during their playoffs run that eventually led them to the NBA Finals. Unfortunately for his injury, whether he will make an appearance in their Finals series remains uncertain. Amid all speculations regarding the player, exactly how much wealth has Tyler Herro made in the NBA, and what is his net worth in 2023?

Drafted in 2019 by the Miami Heat, Herro has been playing with the franchise ever since. Currently, in his fourth season in the NBA, the Heat guard has already made an impressive fortune for himself from his player contracts. Owing to his popularity on and off the court, Herro has been approached by various brands who have offered endorsement deals to the 23-year-old.

Having already signed his multi-year sneakers deal with Nike, Tyler Herro is earning quite a good deal of fortune from his partnership deals as well. So exactly how much wealth has the NBA professional earned over the years? Here’s all that you need to know about Tyler Herro’s net worth in 2023.

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Tyler Herro’s Net Worth

As of 2023, Tyler Herro has an estimated net worth of about $25 million. Tyler has earned a significant portion of his net worth from his NBA salaries and player contracts. Currently on his new rookie extension contract worth $120 million for four years that will come into effect after July 1, 2023, Herro’s overall net worth is sure to see a rise soon.

Apart from his player contracts, Tyler has also been approached by various brands with endorsement deal offers. Herro has already signed a multi-year deal with Nike and features their sneakers on the court. He has also partnered with Bose, Old Spice, New Era, and GLD, among others. 

Contracts & salary

Tyler Herro signed his four-year rookie extension worth $120,000,000 with the Miami Heat in October 2022. The deal comes with $120,000,000 guaranteed at signing and an average salary of $30,000,000 annually. 

For the 2023-24 season, Tyler Herro will earn a base salary of $27,000,000 with a dead cap and cap hit value of $27,000,000. The contract will see him play for the Heat until the end of the 2026-2027 season. Herro will become an Unrestricted Free Agent in 2027.

Endorsements

Although only playing his fourth season in the NBA, Tyler Herro has signed quite a few endorsement deals with various brands. He signed a multi-year contract with Nike and features their sneakers during the NBA games. 

He wears models of the Nike Zoom GT Cut, Nike PG and Nike Kobe series, among others. Various well-known brands have approached Tyler Herro with endorsement deal offers which also contribute significantly to his net worth. He has partnered with GLD, Bose, New Era, Hubolt, and Old Spice. Despite his relatively new career, Herro has already made an impressive fortune. 

Car Collection 

Tyler Herro has acquired a small yet sauve car collection for himself. The 23-year-old surely has a taste for Mercedes, and his collection includes a Mercedes-Benz G63 AMG, a Mercedes-Maybach S680, and a Mercedes-Maybach GLS600. Quite the collection from Tyler!

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