On Tuesday evening, it was reported that longtime Miami Heat head coach Erik Spoelstra received a massive eight-year, $120 million contract extension from the organization.

It is definitely a massive extension, but many feel it isn’t outlandish, as Spoelstra has long been considered one of the NBA’s best coaches, if not the best coach in the league.

He has won two world championships and been to six NBA Finals since he took over during the 2008-09 season, and a big reason is that fact that he maximized LeBron James during James’ time with the Heat.

The 39-year-old Los Angeles Lakers superstar gave his old coach his flowers while saying Spoelstra is “worth every single cent” of his new extension.

In the four seasons James and Spoelstra were together, Miami reached the championship series each June. These days, the latter has a different group that is an underdog rather than a frontrunner, yet it still finds a way to be in the title mix more often than not in the end.

Story originally appeared on LeBron Wire