Erik Spoelstra is staying in South Seaside for a very long time.
The Miami Warmth head coach since 2008, Spoelstra has reportedly agreed to an eight-year extension value $120 million.
The cash is essentially the most ever given to a coach within the historical past of the NBA, beating Gregg Popovich’s deal that was value north of $80 million he bought final July.
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Head coach Erik Spoelstra appears on within the sport towards the Chicago Bulls on the United Middle on November 20, 2023 in Chicago, Illinois. (Justin Casterline/Getty Photos)
Popvich had crushed Monty Williams’ $78.5 million from the month earlier than.
The extension comes months after the Warmth have been within the NBA Finals as a No. 8 seed, the second to ever accomplish that. Additionally they made the Japanese Convention Finals the yr prior.
Spoelstra has been on the group’s teaching employees since 1997, serving as an assistant for 11 years. He began within the video room and ultimately grew to become a scout, an assistant coach after which Pat Riley’s hand-picked successor as head coach in April 2008.
He has taken the Warmth to the NBA Finals six occasions, together with four-straight journeys from 2011 to 2014, successful all of it twice (2012 and 2013).
Miami Warmth head coach Erik Spoelstra appears on towards the Brooklyn Nets through the first half of an NBA basketball sport, Saturday, Nov. 25, 2023, in New York. (AP Picture/Adam Starvation)
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Spoelstra’s 725 regular-season wins rank nineteenth in NBA historical past, and solely three coaches — Popovich with the Spurs, Jerry Sloan with Utah and Pink Auerbach with Boston — have received extra video games with one franchise than Spoelstra has with the Warmth.
He’s additionally an assistant coach for USA Basketball on this Olympic cycle and can be a part of head coach Steve Kerr’s employees on the Paris Video games this summer season. Spoelstra will probably be among the many prime candidates to take over the Olympic workforce for the following cycle that can culminate on the 2028 Los Angeles Video games.
Assistant coach Erik Spoelstra and Anthony Edwards #10 of the USA heat up earlier than a 2023 FIBA World Cup exhibition sport towards Puerto Rico at T-Cellular Enviornment on August 07, 2023 in Las Vegas, Nevada. (Ethan Miller/Getty Photos)
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Spoelstra’s present deal expires after this season.
The Warmth are at the moment 21-15, good for fifth place within the Japanese Convention.
The Related Press contributed to this report.
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