Erik Spoelstra signs the largest coaching deal in NBA history / News - Basketnews.com

Spoelstra signed an eight-year $120 million contract extension with the Heat, the largest coaching deal in NBA history.

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Erik Spoelstra is widely regarded as one of the best head coaches in the NBA. He is set to stay with the Miami Heat franchise for the foreseeable future.

3-pointers this season

39%12,8Points made:12,8Accuracy:38,5%Place in standings:14Record max:20Record min:8Most made 3FGs:Tyler HerroTeamNBAStatisticsSchedule

According to Shams Charania from The Athletic, Spoelstra signed a new lucrative deal to remain the head coach of the franchise.

Spoelstra agreed on an eight-year $120 million extension with the Heat, making it the largest coaching contract in NBA history, Adrian Wojnarowski from ESPN adds.

A two-time NBA champion in 2012 and 2013, Spoelstra coached the Heat to two NBA Finals appearances in the last four seasons. The 53-year-old specialist is widely regarded as one of the best tacticians in the game, who manages to instill the famous Heat culture in players.

Spoelstra is 19th on the all-time winningest coaches list with 1231 wins in his career.

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