Forward Andrew Wiggins is reported to sign a new three-year, $64 million contract extension with the Miami Heat, according to The Athletic and Yahoo Sports. The reported deal is intended to keep him with the franchise and provides Miami with additional roster flexibility. Yahoo Sports also reports that Wiggins picks up the Heat’s option by exercising a $30.2 million player option on the final year of his existing contract, which makes him eligible to be traded for the first time since the NBA’s February trading deadline. The decision aligns with a deadline that Wiggins faced on Monday ahead of an NBA schedule milestone. Yahoo Sports further reports that Wiggins played 68 games for Miami last season at age 31. The outlets do not dispute the overall valuation and term of the reported agreement, though they describe the timing in different ways—one as a new reported extension and another as the exercise of an option that extends his contract through the 2028–29 season.