The Miami Heat have officially exercised contract options for players Jaime Jaquez Jr. and Nikola Jovic, extending their contracts through the 2025-26 season. Jaquez, drafted No. 18 in 2023, averaged 11.9 points, 3.8 rebounds, and 2.6 assists per game during his rookie season, while Jovic, the No. 27 pick in 2022, contributed 7.7 points, 4.2 rebounds, and 2 assists. This decision underscores the Heat's focus on nurturing young talent, with both players expected to have significant roles moving forward. Jaquez will earn approximately $3.9 million in the 2025-26 season, while Jovic's option is valued at about $4.4 million, making him eligible for a rookie scale extension in 2025. The Heat now have 11 players under contract for at least the next two years, signaling a commitment to building a competitive roster. The options were picked up well ahead of the Oct. 31 deadline for such decisions.