Erik Spoelstra has signed an incredible eight-year, $120M+ extension with the Miami Heat, per Adrian Wojnarowski.
According to the same report, it is the most committed coaching money in NBA history. Spoelstra has already coached the Miami Heat since 2008 and has now signed an extension that’ll keep him in South Beach until 2032.
Here’s how NBA Twitter reacted to the biggest news of the night.
ESPN Sources: Miami Heat coach Erik Spoelstra’s contract extension includes the most committed coaching money in history: eight-years, $120-plus million. pic.twitter.com/S7cX4a3gwW
— Adrian Wojnarowski (@wojespn) January 10, 2024
In 1995, Erik Spoelstra was a video coordinator for the Miami Heat.
He then became the team’s head coach & won 2 NBA titles.
Tonight, the Heat signed him to an eight-year, $120-plus million contract extension, per ESPN.
Get your foot in the door — and do the work! 👏 pic.twitter.com/e08THQws5A
— Andrew Moses (@andrewhmoses) January 10, 2024
Erik Spoelstra started out as a video coordinator with the Heat in 1995. 29 years later in Miami:
-725 Wins
-109 Playoff wins (5th all time)
-3x champion (two as HC)
-7x East titles & NBA Finals appearances
-Just signed 8-year/$120M+ extensionJob’s not finished for Coach Spo… pic.twitter.com/MTnvOVZHlc
— Bleacher Report (@BleacherReport) January 10, 2024
I think about this quote from Erik Spoelstra quite often. He’s the first person to say the NBA is a results-driven process. But his love for the true act of coaching—working with players so they can be the best version of themselves—is the biggest driver of Miami’s succes, imo. pic.twitter.com/2ZouLthfhY
— Rohan Nadkarni (@RohanNadkarni) January 10, 2024
Erik Spoelstra, 1995: Video coordinator for the Miami Heat
Erik Spoelstra, 2024: 8 years, $120 million — the most committed coaching money in NBA history pic.twitter.com/B1RcCSJXIE
— Front Office Sports (@FOS) January 10, 2024
Here’s why I’m happy that Erik Spoelstra got what he deserved.
It has nothing to do with the coach he’s become.
I think of the way he’s treated people in this business. I could tell you a thousand stories.
He is one of the best people.
— Ethan J. Skolnick, 5 Reasons Sports (@EthanJSkolnick) January 10, 2024
Highest paid coaches annually in the NBA:
💰 Gregg Popovich (Spurs):
$19 million per season💰 Erik Spoelstra (Heat):
$15 million per season pic.twitter.com/BwLWLcHpIY— ClutchPoints (@ClutchPoints) January 10, 2024
Spo!!!!!!!!! 💰💰💰💰💰💰💰💰 Earned!
— DWade (@DwyaneWade) January 10, 2024
A reminder than Erik Spoelstra has never won NBA coach of the year. That’s criminal.
— Will Manso (@WillManso) January 10, 2024
Erik Spoelstra has gone up against 108 different head coaches. Just think about that for a second.
There have been 167 coaching changes in the NBA since he took over in Miami.
— Tim Reynolds (@ByTimReynolds) January 10, 2024
Erik Spoelstra will be 61 years old when his new deal (reported 8 years) would expire. Still not that old. He’s the ultimate Heat lifer.
— Will Manso (@WillManso) January 10, 2024
