Report: Heat to Commit Historic Amount of Money to Extend Spoelstra

Miami Heat coach Erik Spoelstra’s storied tenure is reportedly set to continue for the foreseeable future after both sides agreed to a lucrative extension on Tuesday.

Spoelstra, the Heat’s coach since 2008, inked an eight-year contract that will put him in line to become one of the NBA’s highest-paid coaches, according to ESPN’s Adrian Wojnarowski.