MIAMI – The Miami Heat and rising star Bam Adebayo have agreed to a lucrative contract extension, Local 10 News has confirmed.
The deal expected to be signed soon will be at the maximum $163 million for five years, with an incentive trigger that could bring it to $195.6 million.
Adebayo is eligible for a rookie maximum contract -- $163M with trigger for $195.6M -- and Miami plans to sign him to the new deal, source says. https://t.co/4UCqLdLKLx— Shams Charania (@ShamsCharania) November 24, 2020
Adebayo, 23, averaged 15.9 points, 10.2 rebounds and 5.1 assists last season, earning his first All-Star selection.
He upped his scoring average to 17.8 points per game in the playoffs while helping lead the Heat to the NBA Finals.
Adebayo will make $5.1 million this season, the final year of his rookie contract. From there, the extension will kick in with a starting salary around $28.1 million for the 2021-22 season.
If he makes an All-NBA team this season his annual salary would rise more.
On a day that has to be one of the most important in his life, where was Bam?
He was hosting his third annual Thanksgiving food drive in the middle of City of Miami.
Bam spoke to Local 10′s Will Manso at Charles Hadley Park, where Adebayo and dozens of volunteers provided hundreds of thanksgiving meals to families in need.
The humble superstar said everything he does is due to his mother, and this big contract allows him to take care of her for the rest of her life.
“I always dedicate everything I do to her,” Adabayo told Manso. “She’s my pride and joy, my rock. Just having her in my corner, and seeing what she went through, and (now) she finally gets to relax. It’s a blessing for me.”
The plan now, he said, is to buy his mother a new house.