We use cookies to offer you a better browsing experience, analyze site traffic, & serve targeted ads. By using our site, you consent to our use of cookies.

Miami Heat

Miami Heat 2021-22 Salary Cap

Heat 2021-22 Salary Cap

An updated look at the Miami Heat 2021 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

Pending Transactions!

The following players are currently pending based on a proposed trade or free agent signing. The Miami Heat active roster will be updated once the trades/signings become official.

Player (8) From To Age Pos. Incoming Cap Outgoing Cap
LowryKyle Lowry 35 PG $28,571,429
DragicGoran Dragic 35 PG $19,440,000
RobinsonDuncan Robinson Free Agent 27 SF $15,517,241
AchiuwaPrecious Achiuwa 22 PF $2,711,280
StrusMax Strus Free Agent 25 SG $1,669,178
VincentGabe Vincent Free Agent 25 PG $1,669,178
DedmonDewayne Dedmon Free Agent 32 C $0
TuckerP.J. Tucker Free Agent 36 PF $0

Active Roster

Player (6) Age Pos. Cap Figure Signed Using Base Salary Dead Cap Cap Figure Cap % Future Gteed Cash
ButlerJimmy Butler 32 SF $36,016,200 Sign-and-Trade
Max (30%)
$36,016,200 ($36,016,200) $36,016,200 17.47 $186,592,000
AdebayoEdrice Adebayo 24 PF $28,103,500 Bird
Rookie Max Ext (25%)
$28,103,500 ($28,103,500) $28,103,500 13.63 $134,896,800
DragicGoran Dragic 35 PG $19,440,000 Bird $19,440,000 ($19,440,000) $19,440,000 9.43 -
HerroTyler Herro 21 SG $4,004,280 Rookie $4,004,280 ($4,004,280) $4,004,280 1.94 -
AchiuwaPrecious Achiuwa 22 PF $2,711,280 Rookie $2,711,280 ($2,711,280) $2,711,280 1.32 -
OkpalaKZ Okpala 22 SF $1,782,621 NT-MLE $1,782,621 ($1,782,621) $1,782,621 0.86 -


2021-22 Dead Cap

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

Player (1) Age Pos. Signed Using Base Salary Signing Bonus Trade Kicker Dead Money Cap Figure Cap %
AndersonRyan Anderson 33 PF $5,214,584 - - - $5,214,584 2.53


2021-22 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 (12) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Qualifying Offer Cap Figure Cap %
OladipoVictor Oladipo 29 SG Bird   - $31,500,000  
IguodalaAndre Iguodala 37 SF Early Bird   - $22,500,000  
ArizaTrevor Ariza 36 SF Early Bird   - $16,640,000  
BjelicaNemanja Bjelica 33 PF Bird   - $13,585,000  
NunnKendrick Nunn 26 SG Restricted Bird   $4,736,102 $4,736,102  
RobinsonDuncan Robinson 27 PF Restricted Bird   $4,736,102 $4,736,102  
DedmonDewayne Dedmon 32 C Non-Bird   - $1,669,178  
HaslemUdonis Haslem 41 PF Bird   - $1,669,178  
MickeyJordan Mickey 27 PF Non-Bird   - $1,669,178  
WadeDwyane Wade 39 SG Early Bird   - $1,669,178  
StrusMax Strus 25 SG Two-Way   $1,489,065 $1,489,065  
VincentGabe Vincent 25 PG Two-Way   $1,489,065 $1,489,065  
Incomplete Roster Charge 6 spots 6 spots           $5,551,548    


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 ($143,096,000) 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 ($143,096,000), 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 $9,536,000
($9,536,000)
Bi-Annual Exception $3,732,000
($3,732,000)


2021-22 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
2021 NBA Luxury Tax Threshold $136,606,000
Total Taxable Salaries $106,744,669
Current Luxury Tax Space $29,861,331


2021-22 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 $92,057,881
Dead Money $5,214,584
Cap Holds $108,903,594
Total Cap Allocations $206,176,059
Salary Cap Maximum
2021 NBA Salary Cap Max $112,414,000
Current Cap Space $-93,762,059
Salary Cap Floor
2021 NBA Salary Cap Floor $101,173,000
Current Floor Space $3,900,535
 

2021-22 Practical Cap Space

Available Practical Cap Space: $20,483,041 — $14,804,571

$20,483,041
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.

$14,804,571
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
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