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Miami Heat 2020-21 Salary Cap

An updated look at the Miami Heat 2020-21 salary cap table, including team cap space, dead cap figures, exceptions, & complete breakdowns of player cap hits, salaries, and bonuses.

Heat – The Athletic

Player Option
Club Option
Estimate
Trade Kicker
Block Trade Clause
No Trade Clause
Player (9) Age Pos. Cap % Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
ButlerJimmy Butler MAX 31 SG $34,379,100 Sign-and-Trade $34,379,100 - - ($34,379,100) $34,379,100 17.21
IguodalaAndre Iguodala 36 SF $15,000,000 Extend-and-Trade $15,000,000 - - ($15,000,000) $15,000,000 7.51
OlynykKelly Olynyk 29 C $13,198,244 Cap Space $12,198,244 - $1,000,000 ($12,198,244) $13,198,244 6.61
AdebayoEdrice Adebayo 23 C $5,115,492 Rookie $5,115,492 - - ($5,115,492) $5,115,492 2.56
HerroTyler Herro 20 SG $3,822,240 Rookie $3,822,240 - - ($3,822,240) $3,822,240 1.91
NunnKendrick Nunn 25 SG $1,663,861 Minimum $1,663,861 - - - $1,663,861 0.83
RobinsonDuncan Robinson 26 PF $1,663,861 MLE $1,663,861 - - - $1,663,861 0.83
OkpalaKZ Okpala 21 SF $1,517,981 MLE $1,517,981 - - ($1,517,981) $1,517,981 0.76
SilvaChris Silva 24 F $1,517,981 MLE $1,517,981 - - ($1,517,981) $1,517,981 0.76


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 2.61
HammonsA.J. Hammons 28 C $350,087 - - - $350,087 0.18


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 (10) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
DragicGoran Dragic 34 PG Bird   $28,826,850  
HillSolomon Hill 29 SF Bird   $19,888,172  
LeonardMeyers Leonard 28 C Bird   $16,929,774  
CrowderJae Crowder 30 SF Bird   $11,723,300  
HaslemUdonis Haslem 40 PF Bird   $1,731,372  
Jones Jr.Derrick Jones Jr. 23 SF Bird   $1,663,861  
AlexanderKyle Alexander 23 F Restricted Non-Bird   $1,549,812  
MaconDaryl Macon 24 PG Restricted Non-Bird   $1,549,812  
SilvaChris Silva 24 F Restricted Non-Bird   $1,549,812  
VincentGabe Vincent 24 G Restricted Non-Bird   $1,549,812  
Incomplete Roster Charge
(3 spots)
          $2,694,930  


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
($9,258,000)
Bi-Annual Exception $3,623,000
($3,623,000)
Trade Exception $6,270,000
($6,270,000)
Wayne Ellington 02/06/2020
Trade Exception $7,533,867
($7,533,867)
Jame Johnson trade with MIN 02/06/2021


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 $83,443,430
Luxury Tax Space $49,183,570


2020-21 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 Total
Active Roster Cap $77,878,760
Dead Money $5,564,670
Cap Holds $116,342,374
Total Salaries $199,785,804
2020 NBA Salary Cap Max $109,140,000
Actual Cap Max Space $-90,645,804
Cap Type Cap Total
Active Roster Cap $77,878,760
Dead Money $5,564,670
Cap Holds $116,342,374
Total Cap Allocations $199,785,804
2020 NBA Salary Cap Max $109,140,000
Cap Max Space $-90,645,804
Practical Cap Space $24,532,742



Deadlines

Deadline Date Player Type Value
2021-22
10/31/2021 Tyler Herro 2022-23 Club Option $5,722,116
01/10/2022 Chris Silva Guaranteed $1,782,621
06/29/2022 Jimmy Butler 2022-23 Player Option $37,653,300
06/29/2022 KZ Okpala 2022-23 Qualifying Offer $2,228,276
2022-23
06/29/2023 Tyler Herro 2023-24 Qualifying Offer $7,913,687