Miami Heat

Miami Heat 2023 Salary Cap

Heat 2023 Salary Cap

   
%: Pct of League Cap
Player Option
Early Termination Option
Club Option

Active Roster

Players (18) Pos. Age 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
Butler Jimmy Butler
3 yr, $146,396,031 (AAV: $48.80M)
Extension / Maximum
SF 34 0$45,183,960
33.2%
0$48,798,677
34.6%
0$52,413,394
PLAYER
33.8%
0UFA
$54.29M
Bird
   
Adebayo Bam Adebayo
5 yr, $163,000,300 (AAV: $32.60M)
Extension / Designated Rookie
C 26 0$32,600,060
24.0%
Ext. Eligible
0$34,848,340
24.7%
0$37,096,620
23.9%
0UFA
$39.10M
Bird
   
Herro Tyler Herro
4 yr, $120,000,000 (AAV: $30.00M)
Extension / Rookie
SG 24 0$27,000,000
19.9%
0$29,000,000
20.6%
0$31,000,000
20.0%
0$33,000,000
19.3%
0UFA
$48.86M
Bird
 
Rozier Terry Rozier
4 yr, $96,258,694 (AAV: $24.06M)
Extension / Veteran
PG 29 0$23,205,221
17.1%
0$24,924,126
17.7%
0$26,643,031
$24.9M GTD
17.2%
0UFA
$39.96M
Bird
   
Robinson Duncan Robinson
5 yr, $90,000,000 (AAV: $18.00M)
Free Agent
SF 29 0$18,154,000
13.3%
0$19,406,000
13.8%
0$19,888,000
ETO
12.8%
0UFA
$29.83M
Bird
   
Martin Caleb Martin
3 yr, $20,408,850 (AAV: $6.80M)
Free Agent
SF 28 0$6,802,950
5.0%
0$7,126,900
PLAYER
5.1%
0UFA
$13.54M
Bird
     
Love Kevin Love
2 yr, $7,863,263 (AAV: $3.93M)
Free Agent
C 35 0$3,835,738
2.8%
0$4,027,525
PLAYER
2.9%
0UFA
$7.46M
Bird
     
Jaquez Jr. Jaime Jaquez Jr.
4 yr, $16,997,141 (AAV: $4.25M)
1st-Round / Rookie Scale
SF 22 0$3,510,600
2.6%
0$3,685,800
2.6%
0$3,861,600
CLUB
2.5%
Ext. Eligible
0$5,939,141
CLUB
3.5%
0RFA
$17.82M
Bird
 
Richardson Josh Richardson
2 yr, $5,942,620 (AAV: $2.97M)
Free Agent
SG 30 0$2,891,467
2.1%
0$3,051,153
PLAYER
2.2%
0UFA
$2.44M
Early Bird
     
Bryant Thomas Bryant
2 yr, $5,373,575 (AAV: $2.69M)
Free Agent
C 26 0$2,528,233
1.9%
0$2,845,342
PLAYER
2.0%
0UFA
$2.35M
Early Bird
     
Jovic Nikola Jovic
4 yr, $11,501,537 (AAV: $2.88M)
1st-Round / Rookie Scale
SF 20 0$2,352,000
1.7%
0$2,464,200
CLUB
1.7%
Ext. Eligible
0$4,445,417
CLUB
2.9%
0RFA
$13.34M
Bird
   
Highsmith Haywood Highsmith
3 yr, $3,945,742 (AAV: $1.32M)
Rest-of-Season
F 27 0$1,902,137
1.4%
0RFA
$2.38M
Bird
       
Robinson Orlando Robinson
2 yr, $3,922,462 (AAV: $1.96M)
Free Agent
C 23 0$1,801,769
1.3%
0$2,120,693
$0M GTD
1.5%
0RFA
$2.86M
Bird
     
Wright Delon Wright
1 yr, $947,205 (AAV: $0.95M)
Rest-of-Season
PG 31 0$661,628
0.5%
0UFA
$2.09M
Non-Bird
       
Mills Patty Mills
1 yr, $734,816 (AAV: $0.73M)
Rest-of-Season
PG 35 0$464,300
0.3%
0UFA
$2.09M
Non-Bird
       
Cain Jamal Cain
1 yr
Two-Way
SF 24 0Two-Way
 
 
0RFA
$1.87M
Two-Way
       
Swider Cole Swider
1 yr
Two-Way
F 24 0Two-Way
 
 
0RFA
$1.87M
Two-Way
       
Williams Alondes Williams
1 yr
Two-Way
G 24 0Two-Way
 
 
0RFA
$1.87M
Two-Way
       
   

Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.

Players (4) Pos. Age 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
Haslem Udonis Haslem PF 43 0UFA
$2.02M
Bird
0UFA
$2.09M
Bird
0UFA
$2.30M
Bird
0UFA
$2.53M
Bird
0UFA
$2.79M
Bird
0UFA
$3.07M
Bird
Mickey Jordan Mickey PF 29 0UFA
$2.02M
Non-Bird
0UFA
$2.09M
Non-Bird
0UFA
$2.30M
Non-Bird
0UFA
$2.53M
Non-Bird
0UFA
$2.79M
Non-Bird
0UFA
$3.07M
Non-Bird
Wade Dwyane Wade SG 42 0UFA
$2.02M
Early Bird
0UFA
$2.09M
Early Bird
0UFA
$2.30M
Early Bird
0UFA
$2.53M
Early Bird
0UFA
$2.79M
Early Bird
0UFA
$3.07M
Early Bird
Lowry Kyle Lowry PG 37 0$0          
     

Dead/Retained

Cap breakdowns for players who have been released or served 10-day contracts. All count against the team's Total Cap Allocations.

Players (1) Pos. Age 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
Smith Dru Smith SG 26 1801769$1,801,769          

Summary

2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
Cap Summary
Cap Maximum $136,021,000 $141,000,000 $155,100,000 $170,610,000 $187,671,000 $206,438,100
Active Roster Cap $172,894,063 $182,298,756 $175,348,062 $38,939,141 - -
Dead/Retained Cap $1,801,769 - - - - -
Cap Holds $9,569,118 $18,449,022 $35,558,057 $184,121,061 $75,040,716 $9,195,882
Total Cap Allocations $184,264,950 $200,747,778 $210,906,119 $223,060,202 $75,040,716 $9,195,882
Cap Space $-48,243,950 $-59,747,778 $-55,806,119 $-52,450,202 $112,630,284 $197,242,218
Hard-Cap Space Not Hard-Capped
Super-Tax Space
Tax Summary
Tax Threshold $165,294,000 $171,315,000 $188,447,000 $207,292,000 $228,021,000 $250,823,000
Taxable Salaries $174,723,698 $182,298,756 $175,348,062 $38,939,141 $0 $0
Tax Space $-9,429,698 $-10,983,756 $13,098,938 $168,352,859 $228,021,000 $250,823,000
Tax Bill (Estimated)
$15,251,973
$18,709,393
- - - -


Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players.

Type Reason (Used On) Original Available
Taxpayer Mid-Level
$5,000,000 $5,000,000
Trade
7/06/2024
Victor Oladipo trade with OKC
$9,450,000 $9,450,000
Trade
7/08/2024
Max Strus trade with CLE
$7,243,842 $7,243,842
Trade
1/23/2025
Kyle Lowry trade with CHA
$6,477,319 $6,477,319




Deadlines

Deadline Date Player Type Value
6/29/2024 Thomas Bryant 2024-25 Player Option $2,845,342
6/29/2024 Alondes Williams 2024-25 Qualifying Offer — Two-Way $1,867,722
6/29/2024 Cole Swider 2024-25 Qualifying Offer — Two-Way $1,867,722
6/29/2024 Jamal Cain 2024-25 Qualifying Offer $1,867,722
6/29/2024 Kevin Love 2024-25 Player Option $4,027,525
6/29/2024 Josh Richardson 2024-25 Player Option $3,051,153
6/29/2024 Caleb Martin 2024-25 Player Option $7,126,900
6/29/2024 Haywood Highsmith 2024-25 Qualifying Offer $2,377,671
7/15/2024 Orlando Robinson 2024-25 Guaranteed $2,120,693
10/31/2024 Jaime Jaquez Jr. 2025-26 Club Option $3,861,600
10/31/2024 Nikola Jovic 2025-26 Club Option $4,445,417
6/29/2025 Duncan Robinson 2025-26 Player Option — Early Termination Option
6/29/2025 Jimmy Butler 2025-26 Player Option $52,413,394
7/08/2025 Duncan Robinson 2025-26 Guaranteed $19,888,000
10/31/2025 Jaime Jaquez Jr. 2026-27 Club Option $5,939,141
1/10/2026 Terry Rozier 2025-26 Guaranteed $26,643,031
6/29/2026 Nikola Jovic 2026-27 Qualifying Offer $6,592,553
6/29/2027 Jaime Jaquez Jr. 2027-28 Qualifying Offer $9,021,556


Unsigned Draft Picks

Draft Year Player Age Position Country College
1995 George Banks 28 PF USA Texas El-Paso
1997 Roberto Dueñas 48 C ESP


Future Draft Picks

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
2024
MIA
If 1-14 or if MIA does not convey 1st to OKC in 2025
CHA
If 15-30 and if MIA conveys 1st to OKC in 2025
2025
MIA
Top-14 Protected
OKC
15-30 (via LAC)
2026
MIA    OKC
MIA pick if settled with OKC, OKC pick if not settled (via LAC)
2027
MIA
2028
MIA
2029
MIA
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
2024
MIA
31-50
ATL
51-55
NYK
56-60 (via CLE to DET to PHI)
2025
IND
31-37
BKN
38-59 (via IND)
2026
MIA
via CLE
MEM
More favorable of IND and MIA to MEM
2027
SAS
Least favorable of HOU, IND, MIA and OKC then others to OKC (via HOU to DET to OKC; via UTA to SAS)
MIA
Least favorable of SAS or HOU, IND, MIA and OKC then others to OKC and SAS
2028
DAL
via SAS
2029
OKC