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Miami Heat

Miami Heat 2020 Salary Cap

Heat 2020 Salary Cap

An updated look at the Miami Heat 2020 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 (15) Age Pos. Cap Figure Signed Using Base Salary Dead Cap Cap Figure Cap % Future Gteed Cash
ButlerJimmy Butler 31 SF $34,379,100 Sign-and-Trade
Max (30%)
$34,379,100 ($34,379,100) $34,379,100 25.98 $36,016,200
OladipoVictor Oladipo
Knee (season-ending)
28 SG $21,000,000 Bird $21,000,000 ($21,000,000) $21,000,000 15.87 -
DragicGoran Dragic 34 PG $18,000,000 Bird $18,000,000 ($18,000,000) $18,000,000 13.60 -
IguodalaAndre Iguodala 36 SF $15,000,000 Extend-and-Trade $15,000,000 ($15,000,000) $15,000,000 11.34 -
ArizaTrevor Ariza 35 SF $12,800,000 Cap Space $12,800,000 ($12,800,000) $12,800,000 9.67 -
BjelicaNemanja Bjelica 32 PF $7,150,000 Cap Space $7,150,000 ($7,150,000) $7,150,000 5.40 -
AdebayoEdrice Adebayo 23 PF $5,115,492 Rookie $5,115,492 ($5,115,492) $5,115,492 3.87 $163,000,590
HerroTyler Herro 20 SG $3,822,240 Rookie $3,822,240 ($3,822,240) $3,822,240 2.89 $4,004,280
AchiuwaPrecious Achiuwa 21 PF $2,582,160 Rookie $2,582,160 ($2,582,160) $2,582,160 1.95 $2,711,280
NunnKendrick Nunn 25 SG $1,663,861 Minimum $1,663,861 ($1,663,861) $1,663,861 1.26 -
RobinsonDuncan Robinson 26 PF $1,663,861 NT-MLE $1,663,861 ($1,663,861) $1,663,861 1.26 -
HaslemUdonis Haslem 40 PF $1,620,564 Minimum $2,564,753 ($1,620,564) $1,620,564 1.22 -
OkpalaKZ Okpala 21 SF $1,517,981 NT-MLE $1,517,981 ($1,517,981) $1,517,981 1.15 $1,782,621
DedmonDewayne Dedmon 31 C $432,890 Minimum $580,811 ($432,890) $432,890 0.33 -
YurtsevenOmer Yurtseven 22 C $18,458 Minimum $18,458 ($18,458) $18,458 0.01 -


2020-21 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) Age Pos.
StrusMax Strus 24 SG          
VincentGabe Vincent 24 PG          


2020-21 Dead Cap

Cap breakdowns for players who have been traded or released. All count against the team's Total Cap Allocations.

Player (2) Age Pos. Signed Using Base Salary Signing Bonus Trade Kicker Dead Money Cap Figure Cap %
AndersonRyan Anderson 32 PF $5,214,583 - - - $5,214,583 3.94
HammonsA.J. Hammons 28 C $350,087 - - - $350,087 0.26


2020-21 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. Denouncing 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 (2) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
MickeyJordan Mickey 26 PF   $1,620,564  
WadeDwyane Wade 38 SG   $1,620,564  


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 ($138,928,000) 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 ($138,928,000), 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 $9,258,000
($0)
Avery Bradley ($5,635,000), Maurice Harkless ($3,623,000)
Bi-Annual Exception $3,623,000
($3,623,000)


2020-21 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
2020 NBA Luxury Tax Threshold $132,627,000
Total Taxable Salaries $132,346,118
Luxury Tax Space $280,882
2020 NBA Luxury Tax Apron ("Hard-Cap") $138,928,000
Luxury Tax Apron Salaries $132,596,118
Luxury Tax Apron ("Hard-Cap") Space $6,331,882


2020-21 Miami Heat Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $138,928,000 at any point during the season.

Cap Type Total
Active Roster Cap $126,766,607
Dead Money $5,564,670
Cap Holds $6,864,128
Total Salaries $132,331,277
2020 NBA Salary Cap Max $109,140,000
Actual Cap Max Space $-23,191,277
Cap Type Cap Total
Active Roster Cap $126,766,607
Dead Money $5,564,670
Cap Holds $6,864,128
Total Cap Allocations $132,331,277
2020 NBA Salary Cap Max $109,140,000
Cap Max Space $-23,191,277



Deadlines

Deadline Date Player Type Value
2021-22
08/01/2021 Andre Iguodala Club Option $15,000,000
10/31/2021 Tyler Herro 2022-23 Club Option $5,722,116
10/31/2021 Precious Achiuwa 2022-23 Club Option $2,840,160
01/10/2022 Omer Yurtseven Guaranteed $1,517,981
06/29/2022 Jimmy Butler 2022-23 Player Option $37,653,300
06/29/2022 KZ Okpala 2022-23 Qualifying Offer $2,228,276
06/29/2022 Omer Yurtseven 2022-23 Qualifying Offer $1,919,247
2022-23
10/31/2022 Precious Achiuwa 2023-24 Club Option $4,379,527
06/29/2023 Tyler Herro 2023-24 Qualifying Offer $7,913,687
2023-24
06/29/2024 Precious Achiuwa 2024-25 Qualifying Offer $6,275,862