Miami Heat tied up coach Erik Spoelstra with the most expensive contract in North American sports history
The captain who brought home 2 championship trophies and reached 6 NBA finals was renewed by the Miami Heat, becoming the coach with the most expensive contract in North American sports.
In the American professional basketball tournament, not only do the players have huge salaries, but the coaches are also rewarded for their efforts.
Reputable journalist Adrian Wojnarowski said that coach Erik Spoelstra reached an agreement to extend his contract with the Miami Heat on January 10, Vietnam time. The 53-year-old captain will stay with Miami for another 8 years with a total contract value of up to 120 million USD.
This is not only the highest number in NBA history but also in all North American professional sports for coaches.
Coach Erik Spoelstra reached an extension agreement with the Miami Heat for another 8 years, receiving a total of 120 million USD to become the captain with the most expensive contract in North American sports.
The newly signed contract will help Erik Spoelstra become the second highest paid coach in the entire NBA with 19 million USD per year, only behind “godfather” Gregg Popovich.
But because Spoelstra’s contract is longer, the 53-year-old captain will be able to achieve a higher total income than all other coaches in the American Professional Basketball League.
Former student LeBron James was one of the first to congratulate the Miami Heat coach on his new contract, which the Lakers star called “worth every penny”.
To date, coach Erik Spoelstra is one of the most respected captains in the NBA in particular and North American sports in general.
He has spent almost his entire career holding the tactical board with the Miami Heat, working for this club from 1997 to present. During the first 11 years, he played the role of assistant before officially sitting in the “hot seat” in 2008.
After 1.5 decades working for the Heat, Coach Spoelstra has brought the team to 6 NBA Finals series and won the championship twice in two consecutive years (2012 and 2013).
It is impossible to ignore the statistics in the last two NBA Finals series, Miami Heat both appeared as champions of the East.
Coach Erik Spoelstra’s number of 6 NBA Finals appearances is extremely impressive, including the last 2 seasons.
This contract extension of Erik Spoelstra continues the trend of tying up coaches this season.
Two months ago, the Miami Heat’s opponent at last year’s NBA Finals, the Denver Nuggets, renewed the contract with coach Michael Malone, bringing this captain into the top-5 highest paid coaches in the tournament.
Previously, coach Gregg Popovich renewed with Spurs with a contract of nearly 80 million USD, further, coach Monty Williams was recruited and retained by the Detroit Pistons with a contract of 78.5 million USD.
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