Milwaukee Bucks received guard Tyler Herro from Miami Heat

The Bucks acquiring Tyler Herro earns a B- Contract Value Index (CVI), and that grade reflects a calculated gamble on perimeter scoring depth—not a heist, but defensible given Milwaukee's offseason urgency. At $31M AAV on a fully guaranteed two-year, $64M deal, Herro's salary sits squarely in the "above-average starter" band for a guard who can create his own shot and space the floor, but the CVI dips below pure fair value because you're committing that capital for a secondary scorer rather than a franchise pillar. His age and career arc favor the Bucks—he's entered his prime window as a volume threat—yet the guaranteed money locks in significant outlay with no escape hatch, which matters for a 32-50 team that needs roster flexibility more than it needs certainty on a mid-tier scoring option. The real tension sits in contract structure: $64M fully locked in means zero optionality if fit issues emerge or if the Bucks' rebuild trajectory shifts. That rigidity is why this clears "slight overpay" territory and lands at B- rather than B or B+—you're paying starter money for a high-volume reserve on a team with serious roster construction questions, and the front office has sacrificed the nimbleness a struggling club typically requires.