NBA Miami Heat 2024-25 Financial Summary
A current summary of Miami Heat 2024-25 player cap & cash figures.
Total Cap
$189,390,565 / 9th
Cap Space
$-48,802,565 / 22nd
Tax Space
$-12,314,008
Cash Total
$185,197,388 / 7th
2024-25 Active Roster
Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
| Player (16) | Pos | Age | Cap Hit | Cap Hit Pct League Cap | Apron Salary | Luxury Tax | Cash Total | Cash Guaranteed | Free Agent Year | |
|---|---|---|---|---|---|---|---|---|---|---|
1 |
Butler Jimmy Butler | SF | 35 | $48,798,677 | 34.71% | $48,798,677 | $48,798,677 | $48,798,677 | $48,798,677 | 2026 |
2 |
Adebayo Bam Adebayo | C | 27 | $34,848,340 | 24.79% | $34,848,340 | $34,848,340 | $34,848,340 | $34,848,340 | |
3 |
Herro Tyler Herro | SG | 25 | $29,000,000 | 20.63% | $31,500,000 | $29,000,000 | $29,000,000 | $29,000,000 | 2027 |
4 |
Rozier Terry Rozier | PG | 30 | $24,924,126 | 17.73% | $24,924,126 | $24,924,126 | $24,924,126 | $24,924,126 | 2026 |
5 |
Robinson Duncan Robinson | SF | 30 | $19,406,000 | 13.80% | $19,406,000 | $19,406,000 | $19,406,000 | $19,406,000 | 2026 |
6 |
Highsmith Haywood Highsmith | F | 28 | $5,200,000 | 3.70% | $5,200,000 | $5,200,000 | $5,200,000 | $5,200,000 | 2026 |
7 |
Ware Kel'el Ware | C | 20 | $4,655,040 | 3.31% | $4,655,040 | $4,655,040 | $4,655,040 | $4,655,040 | 2028 |
8 |
Love Kevin Love | C | 36 | $3,850,000 | 2.74% | $3,850,000 | $3,850,000 | $3,850,000 | $3,850,000 | 2026 |
9 |
Jaquez Jr. Jaime Jaquez Jr. | SF | 23 | $3,685,800 | 2.62% | $3,685,800 | $3,685,800 | $3,685,800 | $3,685,800 | 2027 |
10 |
Richardson Josh Richardson | SG | 31 | $3,051,153 | 2.17% | $3,051,153 | $3,051,153 | $3,051,153 | $3,051,153 | 2025 |
11 |
Jovic Nikola Jovic | SF | 21 | $2,464,200 | 1.75% | $2,464,200 | $2,464,200 | $2,464,200 | $2,464,200 | 2026 |
12 |
Burks Alec Burks | SG | 33 | $2,087,519 | 1.48% | $2,087,519 | $2,087,519 | $3,303,771 | $3,303,771 | 2025 |
13 |
Larsson Pelle Larsson | SG | 23 | $1,157,153 | 0.82% | $1,157,153 | $1,157,153 | $1,157,153 | $1,157,153 | 2027 |
14 |
Christopher Josh Christopher | SG | 23 | Two-Way | - | - | - | - | - | 2025 |
15 |
Smith Dru Smith | SG | 27 | Two-Way | - | - | - | - | - | 2025 |
16 |
Johnson Keshad Johnson | PF | 23 | Two-Way | - | - | - | - | - | 2025 |
2024-25 Cap Hold
Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.
| Player (3) | Pos | Age | Cap Hit | Cap Hit Pct League Cap | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
1 |
Haslem Udonis Haslem | PF | 44 | $2,087,519 | 1.48% | Bird | ||||
2 |
Wade Dwyane Wade | SG | 43 | $2,087,519 | 1.48% | Early Bird | ||||
3 |
Mickey Jordan Mickey | PF | 30 | $2,087,519 | 1.48% | Non-Bird | ||||
| Round 2, Pick #43 | - |
2024 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 |
|---|---|---|---|---|---|
| Taxpayer Mid-Level | End-of-Season | $5,168,000 | $5,168,000 | ||
| Trade |
Kyle Lowry trade with CHA
|
1/23/2025 | $6,477,319 | $6,477,319 |
2024 Cap Totals
| Cap Maximum Summary | ||
| Cap Maximum | $140,588,000 | |
| Active Roster | $183,128,008 | 7th |
| Cap Hold | $6,262,557 | 14th |
| Total Allocations | $189,390,565 | 9th |
| Space | $-48,802,565 | 22nd |
| 1st Apron Summary | ||
| 1st Apron Maximum | $178,132,000 | |
| Total Allocations | $185,628,008 | - |
| Space | $-7,496,008 | - |
| 2nd Apron Summary | ||
| 2nd Apron Maximum | $188,931,000 | |
| Total Allocations | $185,628,008 | - |
| Space | $3,302,992 | - |
2024 Tax Totals
| Tax Summary | ||
| Tax Threshold | $170,814,000 | |
| Total Allocations | $183,128,008 | 7th |
| Space | $-12,314,008 | 24th |
| Ext. Luxury Tax Bill | $21,741,232 | - |
2024 Deadlines
| Deadline Date | Player | Type | Value |
|---|---|---|---|
| 6/29/2025 | Duncan Robinson |
PLAYER
2025-26 Player Option — Early Termination Option |
|
| 6/29/2025 | Jimmy Butler |
PLAYER
2025-26 Player Option |
$52,413,394 |
| 6/29/2025 | Dru Smith | 2025-26 Qualifying Offer | $2,048,494 |
| 6/29/2025 | Josh Christopher | 2025-26 Qualifying Offer — Two-Way | $2,048,494 |
| 7/1/2025 | Nikola Jovic |
EXTENSION ELIGIBLE
2025-26 Extension Eligible |
|
| 7/8/2025 | Duncan Robinson |
GUARANTEED
2025-26 Guaranteed |
$19,888,000 |
| 10/1/2025 | Tyler Herro |
EXTENSION ELIGIBLE
2025-26 Extension Eligible |
|
| 10/20/2025 | Pelle Larsson |
GUARANTEED
2025-26 Guaranteed — Opening Night TBD |
$1,955,378 |
| 10/31/2025 | Kel'el Ware |
CLUB
2026-27 Club Option |
$5,120,400 |
| 10/31/2025 | Jaime Jaquez Jr. |
CLUB
2026-27 Club Option |
$5,939,141 |
| 1/10/2026 | Terry Rozier |
GUARANTEED
2025-26 Guaranteed |
$26,643,031 |
| 6/29/2026 | Pelle Larsson |
CLUB
2026-27 Club Option — non-guaranteed |
|
| 6/29/2026 | Nikola Jovic | 2026-27 Qualifying Offer | $6,592,553 |
| 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 |
$7,849,573 |
| 6/29/2027 | Jaime Jaquez Jr. | 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 | Bam Adebayo |
PLAYER
2028-29 Player Option |
$59,198,795 |
| 6/29/2028 | Kel'el Ware | 2028-29 Qualifying Offer | $11,758,661 |
2024 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 |
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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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MIA
If 1-14
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OKC
If 15-30 (via LAC)
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2026 |
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| 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 | |
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MIA OKC
If already settled with OKC, else OKC (via LAC)
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2027 |
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| 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 | |
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MIA
If 1-14 or if MIA does not convey 1st to OKC in 2025
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CHA
If 1-14 or if MIA does not convey 1st to OKC in 2025
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2028 |
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| 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 | |
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MIA CHA
If MIA does not convey 1st to OKC in 2025
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2029 |
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| 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 | |
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MIA
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2030 |
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| 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 | |
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MIA
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2031 |
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| 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 | |
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MIA
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2025 |
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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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GSW
If 38-59 (via IND to BKN)
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2026 |
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| 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 | |
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MIA
(via CLE)
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MEM
More favorable of IND and MIA to MEM
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2027 |
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| 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 | |
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SAS
Least favorable of HOU, IND, MIA and OKC then others to OKC (via HOU to DET to OKC; via UTA to SAS)
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MIA
Least favorable of SAS or HOU, IND, MIA and OKC then others to OKC and SAS
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2028 |
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| 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 | |
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DET
(via SAS to DAL)
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2029 |
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| 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 | |
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OKC
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2030 |
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| 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 | |
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OKC
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2031 |
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| 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 | |
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MIA
MIA right to swap with IND
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IND
MIA right to swap with IND
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