Miami Heat

Miami Heat 2022-23 Salary Cap

Heat 2022-23 Salary Cap

An updated look at the Miami Heat 2022 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

Heat – The Athletic

Player Option
Club Option
Non-Guaranteed
Estimate
Player (9) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap Figure Cap % Cash Remaining
(Guaranteed)
Notes
Butler Jimmy Butler SF $37,653,300 $37,653,300 - - - $37,653,300 24.62 $184,049,331
($184,049,331)
Acquired via Trade
Adebayo Bam Adebayo PF $30,351,780 $30,351,780 - - - $30,351,780 19.84 $134,896,800
($134,896,800)
Rk Extension / Bird
Lowry Kyle Lowry PG $28,333,334 $28,333,334 - - - $28,333,334 18.52 $58,015,874
($58,015,874)
Acquired via Trade
Robinson Duncan Robinson SF $16,902,000 $16,902,000 - - - $16,902,000 11.05 $74,350,000
($64,350,000)
Free Agent / Bird
Herro Tyler Herro SG $5,722,116 $5,722,116 - - - $5,722,116 3.74 $5,722,116
($5,722,116)
Drafted / Rookie Scale
Strus Max Strus SG $1,815,677 $1,815,677 - - - $1,815,677 1.19 $1,815,677
($0)
Free Agent / Minimum
G'teed: $0
Vincent Gabe Vincent PG $1,815,677 $1,815,677 - - - $1,815,677 1.19 $1,815,677
($0)
Free Agent / Minimum
G'teed: $0
Highsmith Haywood Highsmith F $1,752,638 $1,752,638 - - - $1,752,638 1.15 $3,654,775
($0)
RoS / NT-MLE
G'teed: $0
Yurtseven Omer Yurtseven C $1,752,638 $1,752,638 - - - $1,752,638 1.15 $1,752,638
($0)
Free Agent / Minimum
G'teed: $0


2022-23 Two-Way

Players signed to Two-Way contracts that are currently designated to G-League affiliate. Two-way salaries do not count against a team's Total Cap Allocations.

Player (2) Pos.
MulderMychal Mulder G          
SmartJa'Vonte Smart G          


2022-23 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Heat are currently over the league salary cap, these cap holds do not count against their Total Cap figure. Renouncing these cap holds will NOT afford the team any new cap space. These figures are not counted toward a team's Luxury Tax Allocation.

Player (10) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
TuckerP.J. Tucker PF - $8,400,000 Non-Bird
JovicNikola Jovic SF $2,209,920 $2,209,920 1st Round Pick
MartinCaleb Martin SF $2,076,674 $2,076,674 Restricted Non-Bird
MickeyJordan Mickey PF - $1,811,516 Non-Bird
WadeDwyane Wade SG - $1,811,516 Early Bird
DedmonDewayne Dedmon C - $1,766,970 Early Bird
HaslemUdonis Haslem PF - $1,766,970 Bird
MorrisMarkieff Morris PF - $1,766,970 Non-Bird
OladipoVictor Oladipo SG - $1,766,970 Bird
GuyKyle Guy SG $1,576,305 $1,576,305 Two-Way
Incomplete Roster Charge 2 spots 2 spots       $1,906,024  


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.

Non-Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap but below the Luxury Tax Apron ($155,196,200) and can be used for contracts up to 4 years in length.

Bi-Annual Exception Details is available to any teams who are below the Luxury Tax Apron ($155,196,200), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Trade Exception Details becomes available when a team relinquishes more salary than it acquires during a trade. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary.

Type Amount (Remaining) Reason/Notes Expire Date
Non-Taxpayer Mid-Level Exception $10,264,000
($10,264,000)
Bi-Annual Exception $4,017,000
($4,017,000)
Trade Exception $1,782,621
($1,782,621)
KZ Okpala. trade with OKC 02/09/2023


2022-23 Luxury Tax Totals

Denotes the Heat current standing in terms of the luxury tax threshold. Teams that spend over the threshold pay fines (estimated below).

Type Totals
2022 NBA Luxury Tax Threshold $149,000,000
Total Taxable Salaries $126,099,160
Current Luxury Tax Space $22,900,840


2022-23 Miami Heat Salary Cap Totals

The Heat are currently over the league salary cap. This means Cap Holds & Exceptions are NOT included in their Total Cap Allocations, and renouncing these figures will not afford them any cap space. The team may only sign outside players using any available exceptions or at league minimum salaries.

Cap Type Cap Total
Active Roster Cap $126,099,160
Cap Holds $26,859,835
Total Cap Allocations $152,958,995
Salary Cap Maximum
2022 NBA Salary Cap Max $122,000,000
Current Cap Space $-30,958,995
 

2022-23 Practical Cap Space

Available Practical Cap Space: $-11,439,667 — $-5,843,534

$-11,439,667
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.

$-5,843,534
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.





Deadlines

Deadline Date Player Type Value
6/29/2022 Jimmy Butler 2022-23 Player Option — exercised via extension $37,653,300
6/29/2022 Max Strus 2022-23 Guaranteed $1,815,677
6/29/2022 Gabe Vincent 2022-23 Guaranteed $1,815,677
6/29/2022 Omer Yurtseven 2022-23 Guaranteed $1,752,638
6/30/2022 Kyle Guy 2022-23 Qualifying Offer — Two-Way $1,576,305
6/30/2022 Mychal Mulder 2023-24 Qualifying Offer — Two-Way $1,682,275
6/30/2022 Caleb Martin 2022-23 Qualifying Offer — offered $2,076,674
7/01/2022 Haywood Highsmith 2022-23 Guaranteed $50,000
1/10/2023 Haywood Highsmith 2022-23 Guaranteed $1,752,638
6/30/2023 Ja'Vonte Smart 2023-24 Qualifying Offer — Two-Way $1,655,120
6/30/2023 Tyler Herro 2023-24 Qualifying Offer $7,913,687
7/15/2023 Haywood Highsmith 2023-24 Guaranteed $1,902,137
6/30/2024 Haywood Highsmith 2024-25 Qualifying Offer $2,377,671
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