NBA free agency 2022: Breaking down the biggest signings, opt-ins and extensions

What does Tyler Herro's four-year, $130 million extension mean for the Miami Heat? Nathaniel S. Butler/NBAE via Getty Images

NBA free agency is here, and stars are making some big-money moves.

Brooklyn Nets guard Kyrie Irving opted in to his $36.5 million player option for the 2022-23 season. Although his decision removes the possibility of Irving leaving the Nets via free agency this summer, questions will continue to surround the future of Irving and Kevin Durant after the latter requested a trade hours before the start to free agency.

John Wall, who was slated to make $47.4 million after exercising his player option with the Houston Rockets, joined the LA Clippers after a buyout.

Bradley Beal will stick with the Washington Wizards on a five-year deal, while Zach LaVine is staying put in Chicago. Russell Westbrook, meanwhile, will exercise his $47.1 million option with the Los Angeles Lakers, sources told ESPN's Adrian Wojnarowski.

Which remaining free agents will change teams this summer?

How are the latest deals impacting the NBA landscape? Kevin Pelton is breaking down the biggest signings, opt-ins and contract extensions.

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Heat, Herro agree to 4-year, $130M extension

Tyler Herro's negotiations with the Miami Heat on an extension to his rookie contract figured to be some of the most interesting ahead of the Oct. 17 deadline for such deals because of his divisive value as a player.

In the wake of his breakout playoff run as a 20-year-old rookie who helped Miami reach the NBA Finals in the bubble, Herro was anointed a future star.

During the 2021-22 regular season, Herro translated that potential into Sixth Man of the Year honors, averaging a career-high 20.7 points per game off the bench. Yet Herro's most recent postseason left more questions about his ability to help a contending team in a primary role.