Pelle Larsson entered last season as a relative unknown. Then he made himself some money.

The Miami Heat guard has agreed to a four-year, $60 million contract extension with a mutual option for the 2030-31 season, according to ESPN’s Shams Charania. The deal has not been confirmed by the Heat.

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Larsson was slated to hit restricted free agency next offseason.

The 25-year-old Swede represents the latest find for the Heat and their vaunted player development machine. Miami acquired him in the 2024 NBA Draft via a trade with the Houston Rockets, who officially selected him with the 44th overall pick. Larsson spent much of his rookie…

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