Miami, FL – January 11, 2024 – In a definitive move securing his future with the Miami Heat, Erik Splstra, the team’s head coach, has inked an impressive eight-year contract extension worth over $100 million, making him one of the NBA’s highest-paid coaches. Spoelstra, in the midst of his 16th season as the Heat’s head coach, boasts an impressive track record, having led the team to six NBA Finals appearances and clinched two championships in 2012 and 2013. With a regular-season record of 725-506, he has guided the Heat to the playoffs 12 times in the last 15 seasons. Additionally, Spoelstra already holds the title of the winningest head coach in both regular-season and playoff history for the franchise, surpassing his predecessor, Pat Riley. The contract extension eradicates uncertainty regarding Spoelstra’s tenure with the Heat beyond the current season.