The Miami Heat have reached an agreement with guard Josh Richardson on a four-year, $42 million contract extension.
Richardson, a 2015 second-round pick, has quickly emerged as one of Miami’s strongest bench pieces. He averaged 10.2 points and 3.2 rebounds in 53 games with the Heat last season, and shot a league leading 40.2 percent from beyond the arc after the All-Star break.
Richardson’s extension offer comes before that of his draft counterpart- Justise Winslow. His contract extension hints at the likelihood of the upcoming 2017-2018 season being Winslow’s final opportunity to make a strong case in marking his value after underachieving in his first year, and missing the majority of last season due to a torn labrum.
Miami will look to carve Richardson an increased role in the rotation, and will balance his minutes between both guard positions.
Richardson will be entering his third year as a member of the Heat, and it’ll be entirely up to him as to whether or not Miami prides itself on this “steal”, or regrets this decision.