Miami Heat 2026-27 Cap Table

The Miami Heat 2026-27 salary cap table, including salary cap table, including team cap space, player cap hits, incentives, & bonus info.

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Total Cap Allocations

$273,009,524 / 2nd

Cap Space

$-102,897,524 / 29th

1st Apron Space

$106,315,976

2nd Apron Space

$119,382,976

2026-27 Active Roster Cap

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (5) Pos Age Type Cap Hit Cap Hit Pct League Cap Base Salary Incentives Likely Incentives Unlikely Trade Bonus Proration Guaranteed
Adebayo Bam Adebayo C 29 Maximum Veteran Extension $51,033,600 30.00% $51,033,600 - - - $51,033,600
Herro Tyler Herro SG 27 RK-EXT $33,000,000 19.40% $33,000,000 - $2,500,000 - $33,000,000
Jaquez Jr. Jaime Jaquez Jr. SF 25 RK-1ST $5,939,141 3.49% $5,939,141 - - - $5,939,141
Ware Kel'el Ware C 22 RK-1ST $4,654,920 2.74% $4,654,920 - - - -
Larsson Pelle Larsson SG 25 RK-2ND $2,296,271 1.35% $2,296,271 - - - -

2026-27 Cap Hold Cap

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

Player (10) Pos Age Type Cap Hit Cap Hit Pct League Cap Qualifying Offer        
Butler Jimmy Butler SF 37 Maximum Veteran Extension $54,292,700 31.92% - Bird
Rozier Terry Rozier PG 32 VET-EXT $39,964,547 23.49% - Bird
Robinson Duncan Robinson SF 32 FA $29,832,000 17.54% - Bird
Jovic Nikola Jovic SF 23 RK-1ST $13,336,251 7.84% $6,592,553 Restricted Bird
Highsmith Haywood Highsmith F 30 FA $10,670,400 6.27% - Bird
Love Kevin Love C 38 FA $7,885,000 4.64% - Bird
Johnson Keshad Johnson PF 25 ROS $2,725,905 1.60% $2,725,905 Restricted Early Bird
Haslem Udonis Haslem PF 46 FA $2,525,899 1.48% - Bird
Mickey Jordan Mickey PF 32 $2,525,899 1.48% - Non-Bird
Wade Dwyane Wade SG 45 $2,525,899 1.48% - Early Bird
Incomplete Roster Charge         $9,801,092            

2026 Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Type Reason Used On Expires Original Available
Trade
Thomas Bryant trade with IND
 12/15/2025 $2,087,519 $2,087,519

2026 Cap Totals

Cap Maximum Summary
Cap Maximum $170,112,000
Active Roster $96,923,932 23rd
Cap Hold $176,085,592 2nd
Total Allocations $273,009,524 2nd
Space $-102,897,524 29th
Practical Cap Space Summary
Projected Practical Cap Space
This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.
 $72,076,840 -
Maximum Possible Cap Space
This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.
 $72,076,840 -
1st Apron Summary
1st Apron Maximum $215,541,000
Total Allocations $109,225,024 -
Space $106,315,976 -
2nd Apron Summary
2nd Apron Maximum $228,608,000
Total Allocations $109,225,024 -
Space $119,382,976 -

2026 Deadlines

Deadline Date Player Type Value
10/31/2025 Jaime Jaquez Jr.
CLUB
2026-27 Club Option 		$5,939,141
10/31/2025 Kel'el Ware
CLUB
2026-27 Club Option 		$4,654,920
6/29/2026 Nikola Jovic
RFA / QO
2026-27 Qualifying Offer 		$6,592,553
6/29/2026 Pelle Larsson
CLUB
2026-27 Club Option — non-guaranteed
6/29/2026 Keshad Johnson
RFA / QO
2026-27 Qualifying Offer 		$2,725,905
7/1/2026 Jaime Jaquez Jr.
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/2/2026 Pelle Larsson
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/19/2026 Pelle Larsson
GUARANTEED
2026-27 Guaranteed — Opening Night TBD
10/31/2026 Kel'el Ware
CLUB
2027-28 Club Option 		$7,135,992
6/29/2027 Jaime Jaquez Jr.
RFA / QO
2027-28 Qualifying Offer 		$9,021,556
7/1/2027 Kel'el Ware
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/6/2027 Bam Adebayo
EXTENSION ELIGIBLE
2027-28 Extension Eligible
6/29/2028 Kel'el Ware
RFA / QO
2028-29 Qualifying Offer 		$10,689,719
6/29/2028 Bam Adebayo
PLAYER
2028-29 Player Option 		$59,198,795

Unsigned Draft Picks

Draft Year Player Pos Age Country College
1997 Roberto Dueñas C 49 Spain
1995 George Banks PF 29 United States Texas El-Paso

Future Draft Picks

2025
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
MIA
If 1-14
OKC
If 15-30 (via LAC)

2026
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
MIA    OKC
If already settled with OKC, else OKC (via LAC)

2027
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
MIA
If 1-14 or if MIA does not convey 1st to OKC in 2025
CHA
If 1-14 or if MIA does not convey 1st to OKC in 2025

2028
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
MIA    CHA
If MIA does not convey 1st to OKC in 2025

2029
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
MIA

2030
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
MIA

2031
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
MIA

2025
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
GSW
If 38-59 (via IND to BKN)

2026
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
MIA
(via CLE)
MEM
More favorable of IND and MIA to MEM

2027
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
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
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
DET
(via SAS to DAL)

2029
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
OKC

2030
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
OKC

2031
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
MIA
MIA right to swap with IND
IND
MIA right to swap with IND

TRANSACTIONS

Jan 22, 2025
Jimmy Butler, SF

Suspended 2 games by Miami (MIA) for continued pattern of disregard of team rules, insubordinate conduct and conduct detrimental to the team; forfeits $673,085

Jan 03, 2025
Jimmy Butler, SF

Suspended 7 games by Miami (MIA) for multiple instances of conduct detrimental to the team over the course of the season and particularly the last several weeks; forfeits $2,355,798

Dec 31, 2024
Tyler Herro, SG

Fined $25,000 for role in on-court altercation during MIA-HOU game

Dec 31, 2024
Terry Rozier, PG

Suspended 1 game for involvement in on-court altercation during MIA-HOU game; forfeits $143,242

Dec 29, 2024
Tyler Herro, SG

Fined $2,000 for ejection from MIA-HOU game

View More Transactions

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TRANSACTIONS

Jan 22, 2025
Jimmy Butler, SF

Suspended 2 games by Miami (MIA) for continued pattern of disregard of team rules, insubordinate conduct and conduct detrimental to the team; forfeits $673,085

Jan 03, 2025
Jimmy Butler, SF

Suspended 7 games by Miami (MIA) for multiple instances of conduct detrimental to the team over the course of the season and particularly the last several weeks; forfeits $2,355,798

Dec 31, 2024
Tyler Herro, SG

Fined $25,000 for role in on-court altercation during MIA-HOU game

Dec 31, 2024
Terry Rozier, PG

Suspended 1 game for involvement in on-court altercation during MIA-HOU game; forfeits $143,242

Dec 29, 2024
Tyler Herro, SG

Fined $2,000 for ejection from MIA-HOU game

View More Transactions

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