Miami Heat 2025-26 Cap Table

The Miami Heat 2025-26 salary cap table, including salary cap table, including team cap space, player cap hits, incentives, & bonus info.

SEASON
TEAM
 
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Total Cap Allocations

$197,928,516 / 15th

Cap Space

$-43,281,516 / 16th

1st Apron Space

$6,761,334

2nd Apron Space

$18,640,334

2025-26 Active Roster Cap

Non-Guaranteed
Player (15 of 15 + 0 of 3 TW) Pos Age Type Cap Hit Cap Hit Pct League Cap Base Salary Incentives Likely Incentives Unlikely Trade Bonus Proration Guaranteed
Adebayo Bam Adebayo C 28 DRK-EXT $37,096,620 23.99% $37,096,620 - - - $37,096,620
Herro Tyler Herro SG 26 RK-EXT $31,000,000 20.05% $31,000,000 - $2,500,000 - $31,000,000
Wiggins Andrew Wiggins SF 30 VET-EXT $28,223,215 18.25% $28,223,215 - - - $28,223,215
Rozier Terry Rozier PG 31 VET-EXT $26,643,031 17.23% $26,643,031 - - - $26,643,031
Powell Norman Powell SG 32 FA $20,482,758 13.24% $20,482,758 - - - $20,482,758
Mitchell Davion Mitchell PG 27 FA $11,600,000 7.50% $11,600,000 - - - $11,600,000
Fontecchio Simone Fontecchio SF 30 FA $8,307,692 5.37% $8,307,692 - - - $8,307,692
Jovic Nikola Jovic SF 19 RK-1ST $4,445,417 2.87% $4,445,417 - - - $4,445,417
Ware Kel'el Ware C 21 RK-1ST $4,443,360 2.87% $4,443,360 - - - $4,443,360
Jaquez Jr. Jaime Jaquez Jr. SF 24 RK-1ST $3,861,600 2.50% $3,861,600 - - - $3,861,600
Jakucionis Kasparas Jakucionis PG 19 RK-1ST $3,658,800 2.37% $3,658,800 - - - $3,658,800
Smith Dru Smith SG 28 FA $2,378,870 1.54% $2,378,870 - - - $2,378,870
Johnson Keshad Johnson PF 24 ROS $1,955,377 1.26% $1,955,377 - - - $1,955,377
Larsson Pelle Larsson SG 24 RK-2ND $1,955,377 1.26% $1,955,377 - - - $1,955,377
Gardner Myron Gardner G 24 ROS $395,029 0.26% $395,029 - - - $395,029

2025-26 Cap Hold Cap

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

Player (5) Pos Age Type Cap Hit Cap Hit Pct League Cap Qualifying Offer        
Burks Alec Burks SG 34 FA $2,296,274 1.48% - Non-Bird
Christopher Josh Christopher SG 24 2W $2,296,274 1.48% - Two-Way
Haslem Udonis Haslem PF 45 FA $2,296,274 1.48% - Bird
Mickey Jordan Mickey PF 31 $2,296,274 1.48% - Non-Bird
Wade Dwyane Wade SG 44 $2,296,274 1.48% - Early Bird

2025 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
Non-Taxpayer Mid-Level
End-of-Season $14,104,000 $14,104,000
Bi-Annual
End-of-Season $5,134,000 $5,134,000
Trade
Duncan Robinson trade with DET
 7/7/2026 $16,834,692 $16,834,692
Trade
Haywood Highsmith trade with BKN
 8/15/2026 $5,616,000 $5,616,000

2025 Cap Totals

Cap Maximum Summary
Cap Maximum $154,647,000
Active Roster $186,447,146 13th
Cap Hold $11,481,370 11th
Total Allocations $197,928,516 15th
Space $-43,281,516 16th
1st Apron Summary
1st Apron Maximum
This team is currently hard-capped at the first apron.
 $195,945,000
Total Allocations $189,183,666 -
Space $6,761,334 -
2nd Apron Summary
2nd Apron Maximum $207,824,000
Total Allocations $189,183,666 -
Space $18,640,334 -

2025 Deadlines

Deadline Date Player Type Value
6/28/2026 Dru Smith
GUARANTEED
2026-27 Guaranteed 		$2,584,539
6/29/2026 Andrew Wiggins
PLAYER
2026-27 Player Option 		$30,169,644
6/29/2026 Vladislav Goldin
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Keshad Johnson
RFA / QO
2026-27 Qualifying Offer
6/29/2026 Jahmir Young
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Trevor Keels
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Myron Gardner
RFA / QO
2028-29 Qualifying Offer
6/29/2026 Pelle Larsson
CLUB
2026-27 Club Option — non-guaranteed
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 Kasparas Jakucionis
CLUB
2027-28 Club Option 		$4,024,440
10/31/2026 Kel'el Ware
CLUB
2027-28 Club Option 		$7,135,992
1/10/2027 Myron Gardner
GUARANTEED
2026-27 Guaranteed 		$2,584,539
6/28/2027 Dru Smith
GUARANTEED
2027-28 Guaranteed 		$2,934,742
6/29/2027 Jaime Jaquez Jr.
RFA / QO
2027-28 Qualifying Offer 		$9,021,556
6/29/2027 Dru Smith
CLUB
2027-28 Club Option
7/1/2027 Kel'el Ware
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/6/2027 Bam Adebayo
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/15/2027 Myron Gardner
GUARANTEED
2027-28 Guaranteed 		$2,525,901
10/31/2027 Kasparas Jakucionis
CLUB
2028-29 Club Option 		$6,205,687
2/18/2028 Myron Gardner
EXTENSION ELIGIBLE
2027-28 Extension Eligible
6/29/2028 Bam Adebayo
PLAYER
2028-29 Player Option 		$57,768,000
6/29/2028 Kel'el Ware
RFA / QO
2028-29 Qualifying Offer 		$10,689,719
7/1/2028 Kasparas Jakucionis
EXTENSION ELIGIBLE
2028-29 Extension Eligible
10/1/2028 Nikola Jovic
EXTENSION ELIGIBLE
2028-29 Extension Eligible
6/29/2029 Kasparas Jakucionis
RFA / QO
2029-30 Qualifying Offer 		$9,513,319

Unsigned Draft Picks

Draft Year Player Pos Age Country College
1997 Roberto Dueñas C 50 Spain
1995 George Banks PF 30 United States Texas El-Paso

Future Draft Picks

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
Not Tradeable, owe 2027 to CHA

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
CHA
If 15-30

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 conveys 1st to CHA in 2027 or 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

2032
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

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
BKN
If 31-55
MIA
If 56-60
MEM
Most favorable of BOS, IND, LAC and MIA if MEM conveys 1st round pick to WAS in 2025 (via MIA to IND; via MIL to MEM; via MEM swap of IND or MIA for BOS; via MEM swap of BOS, IND or MIA for LAC)

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
PHI
Most favorable of HOU, IND, MIA and OKC to PHI; then others to NYK and SAS (via HOU to DET to UTA to OKC)
MIA
Least favorable of HOU, IND, MIA and OKC then others to NYK, OKC and SAS (via HOU to DET to OKC; via UTA to 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
If DAL conveys 1st to CHA in 2027(via SAS to DAL to DET) or to CHA if DAL does not convey 1st to CHA in 2027

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
WAS
More favorable of MIA and IND (via MIA swap for IND; via UTH)

2032
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

TRANSACTIONS

Feb 23, 2026
Myron Gardner, G

Fined $35,000 for role in on-court altercation during MEM-MIA game

Feb 18, 2026
Myron Gardner, G

Signed a 3 year $5.5 million Rest-of-Season contract with Miami (MIA)

Feb 18, 2026
Trevor Keels, SG

Signed a Two-Way contract with Miami (MIA)

Oct 23, 2025
Terry Rozier, PG

Placed on immediate leave by the NBA due to federal indictments via illegal sports betting

Oct 22, 2025
Jimmy Butler, SF

Reached agreement with Miami (MIA) to recoup approximately half of the $6 million he forfeited during suspensions with Miami (MIA) prior to being traded to Golden State (GSW)

View More Transactions

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