What happened: Andrew Wiggins intends to sign a three-year, $64 million contract to remain with the Miami Heat, with a player option in the third season, according to ESPN. The agreement was negotiated by Heat executives and Wiggins' representatives at CAA Sports.

Why it matters: Locking up Wiggins keeps a proven two-way wing in Miami's rotation as the Heat shape their roster for the 2026-27 season. The player option in the final year preserves flexibility for both sides while securing his place in the franchise's plans.

What to watch: Watch for the deal to become official once the new league year opens and for how it affects Miami's remaining offseason moves and salary-cap picture.