The Miami Heat and shooting guard, Josh Richardson, have agreed to a four-year contract extension worth approximately $42 million.

According to Michael Scotto of Basketball Insiders, the new deal is set to have a player option for the final year of the contract.

Josh Richardson was the former second-round pick for Miami tracing back to 2015. After greatly exceeding expectations, the Heat have decided to grant the former Tennessee product with a new, and more lucrative deal.

Richardson has proven to be one of the best “three-and-D” players out of his draft class. His elite perimeter defense and shot from behind the arc make him a significant role player every franchise is in desperate need of.

As the Miami Heat continue to trend forward, locking up Josh Richardson only adds to their hopeful future as a successful team.

Pat Riley and the Miami Heat did not want to take any chances in restricted free agency next year with Richardson, rather they locked him in early, in hopes of salary relief in the near future.

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