NBA Miami Heat 2024-25 Financial Summary
A current summary of Miami Heat 2024-25 player cap & cash figures.
Total Cap Allocations
$205,217,853 / 14th
Cap Space
$-64,217,853 / 17th
Tax Space
$-10,983,756
Cash Total
$182,298,756 / 5th
2024-25 Active Roster
Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
| Player (12) | Pos | Age | Cap Hit | Cap Hit Pct League Cap | Luxury Tax | Cash Total | Free Agent Year |
|---|---|---|---|---|---|---|---|
|
Butler
1 Jimmy Butler
|
SF | 35 | $48,798,677 | 34.61% | $48,798,677 | $48,798,677 | 2026 |
|
Adebayo
2 Bam Adebayo
|
C | 27 | $34,848,340 | 24.72% | $34,848,340 | $34,848,340 | 2026 |
|
Herro
3 Tyler Herro
|
SG | 25 | $29,000,000 | 20.57% | $29,000,000 | $29,000,000 | 2027 |
|
Rozier
4 Terry Rozier
|
PG | 30 | $24,924,126 | 17.68% | $24,924,126 | $24,924,126 | 2026 |
|
Robinson
5 Duncan Robinson
|
SF | 30 | $19,406,000 | 13.76% | $19,406,000 | $19,406,000 | 2026 |
|
Martin
6 Caleb Martin
|
SF | 29 | $7,126,900 | 5.05% | $7,126,900 | $7,126,900 | 2025 |
|
Love
7 Kevin Love
|
C | 36 | $4,027,525 | 2.86% | $4,027,525 | $4,027,525 | 2025 |
|
Jaquez Jr.
8 Jaime Jaquez Jr.
|
SF | 23 | $3,685,800 | 2.61% | $3,685,800 | $3,685,800 | 2027 |
|
Richardson
9 Josh Richardson
|
SG | 31 | $3,051,153 | 2.16% | $3,051,153 | $3,051,153 | 2025 |
|
Bryant
10 Thomas Bryant
|
C | 27 | $2,845,342 | 2.02% | $2,845,342 | $2,845,342 | 2025 |
|
Jovic
11 Nikola Jovic
|
SF | 21 | $2,464,200 | 1.75% | $2,464,200 | $2,464,200 | 2026 |
|
Robinson
12 Orlando Robinson
|
C | 24 | $2,120,693 | 1.50% | $2,120,693 | $2,120,693 | 2025 |
2024-25 Cap Hold
Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.
| Player (9) | Pos | Age | Cap Hit | Cap Hit Pct League Cap | |||
|---|---|---|---|---|---|---|---|
|
Highsmith
1 Haywood Highsmith
|
F | 28 | $2,377,671 | 1.69% | - | - | Restricted Bird |
|
Cain
2 Jamal Cain
|
SF | 25 | $2,093,637 | 1.48% | - | - | Two-Way |
|
Haslem
3 Udonis Haslem
|
PF | 44 | $2,093,637 | 1.48% | - | - | Bird |
|
Wade
4 Dwyane Wade
|
SG | 43 | $2,093,637 | 1.48% | - | - | Early Bird |
|
Mills
5 Patty Mills
|
PG | 36 | $2,093,637 | 1.48% | - | - | Non-Bird |
|
Wright
6 Delon Wright
|
PG | 32 | $2,093,637 | 1.48% | - | - | Non-Bird |
|
Mickey
7 Jordan Mickey
|
PF | 30 | $2,093,637 | 1.48% | - | - | Non-Bird |
|
Swider
8 Cole Swider
|
F | 25 | $1,867,722 | 1.32% | - | - | Two-Way |
|
Williams
9 Alondes Williams
|
G | 25 | $1,867,722 | 1.32% | - | - | Two-Way |
| Round 1, Pick #15 | $4,244,160 | ||||||
| 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 |
|---|---|---|---|---|
| Trade |
Dewayne Dedmon trade with SAS
|
2/7/2024 | $4,700,000 | $4,700,000 |
| Trade |
Victor Oladipo trade with OKC
|
7/6/2024 | $9,450,000 | $9,450,000 |
| Trade |
Max Strus trade with CLE
|
7/8/2024 | $7,243,842 | $7,243,842 |
| Trade |
Kyle Lowry trade with CHA
|
1/23/2025 | $6,477,319 | $6,477,319 |
2024 Cap Totals
| Cap Maximum Summary | ||
| Cap Maximum | $141,000,000 | |
| Active Roster | $182,298,756 | 6th |
| Cap Hold | $22,919,097 | 25th |
| Total Allocations | $205,217,853 | 14th |
| Space | $-64,217,853 | 17th |
| 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.
|
$-66,442,740 | - |
|
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.
|
$-32,174,023 | - |
| 1st Apron Summary | ||
| 1st Apron Maximum | $178,655,000 | |
| Total Allocations | $184,798,756 | - |
| Space | $-6,143,756 | - |
| 2nd Apron Summary | ||
| 2nd Apron Maximum | $189,486,000 | |
| Total Allocations | $184,798,756 | - |
| Space | $4,687,244 | - |
2024 Tax Totals
| Tax Summary | ||
| Tax Threshold | $171,315,000 | |
| Total Allocations | $182,298,756 | 6th |
| Space | $-10,983,756 | 25th |
| Ext. Luxury Tax Bill | $18,389,098 | - |
2024 Deadlines
| Deadline Date | Player | Type | Value |
|---|---|---|---|
| 6/29/2024 | Thomas Bryant |
PLAYER
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 | $2,093,637 |
| 6/29/2024 | Kevin Love |
PLAYER
2024-25 Player Option |
$4,027,525 |
| 6/29/2024 | Josh Richardson |
PLAYER
2024-25 Player Option |
$3,051,153 |
| 6/29/2024 | Caleb Martin |
PLAYER
2024-25 Player Option |
$7,126,900 |
| 6/29/2024 | Haywood Highsmith | 2024-25 Qualifying Offer | $2,377,671 |
| 7/15/2024 | Orlando Robinson |
GUARANTEED
2024-25 Guaranteed |
$2,120,693 |
| 10/31/2024 | Jaime Jaquez Jr. |
CLUB
2025-26 Club Option |
$3,861,600 |
| 10/31/2024 | Nikola Jovic |
CLUB
2025-26 Club Option |
$4,445,417 |
| 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 |
| 7/8/2025 | Duncan Robinson |
GUARANTEED
2025-26 Guaranteed |
$19,888,000 |
| 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 | Nikola Jovic | 2026-27 Qualifying Offer | $6,592,553 |
| 6/29/2027 | Jaime Jaquez Jr. | 2027-28 Qualifying Offer | $9,021,556 |
2024 Unsigned Draft Picks
| Draft Year | Player | Pos | Age | Country | College | |
|---|---|---|---|---|---|---|
| 1997 | Roberto Dueñas | C | 48 | Spain | ||
| 1995 | George Banks | PF | 28 | 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
Top-14 Protected
|
OKC
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
MIA pick if settled with OKC, OKC pick if not settled (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
Top-14 Protected (or if MIA does not convey 1st to OKC in 2025)
|
CHA
15-30 and if MIA conveys 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
MIA pick if MIA conveys 1st to CHA in 2027 or CHA pick 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
|
|||||||||||||||||||||||||||||
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
BKN
38-59 (via IND)
|
|||||||||||||||||||||||||||||
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 | |
|
|
DAL
via SAS
|
|||||||||||||||||||||||||||||
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
|
|||||||||||||||||||||||||||||
