Erik Spoelstra Finalizing Contract Extension With The Heat

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The Miami Heat are in the process of rewarding head coach Eric Spoelestra for winning two straight NBA titles. Adrian Wojnarowski is reporting that Spoelestra and the Heat are close on a multi-year contract extension.

Spoelestra was in position to set off a huge bidding war for his services not seen since Phil Jackson hit the coaching market. Yahoo is reporting that Spoelesta would have gotten the LeBron James or big free agent treatment from team executives.

Spoelstra, 42, is 260-134 (.660) in five seasons as Miami’s coach, including three straight trips to the NBA Finals and two titles. He’s 50-29 (.633) in five trips to the postseason.

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