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Miami Heat 2019-20 Salary Cap

An updated look at the Miami Heat 2019-20 salary cap table, including team cap space, dead cap figures, exceptions, & complete breakdowns of player cap hits, salaries, and bonuses.

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Player (17) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
ButlerJimmy Butler MAX 30 SG Sign-and-Trade $32,742,000 - - ($32,742,000) $32,742,000 23.59
DragicGoran Dragic 33 PG Bird $19,217,900 - - ($19,217,900) $19,217,900 13.84
JohnsonJames Johnson 32 PF Cap Space $15,129,400 - $220,000 ($15,129,400) $15,349,400 11.06
WinslowJustise Winslow 23 SF Bird $13,000,000 - - ($13,000,000) $13,000,000 9.36
OlynykKelly Olynyk 28 C Cap Space $11,667,886 - $1,000,000 ($11,667,886) $12,667,886 9.13
WaitersDion Waiters 27 SG Cap Space $12,100,000 - - ($12,100,000) $12,100,000 8.72
LeonardMeyers Leonard 27 C Bird $11,286,517 - - ($11,286,517) $11,286,517 8.13
HerroTyler Herro 19 SG Rookie $3,640,200 - - ($3,640,200) $3,640,200 2.62
AdebayoEdrice Adebayo 22 C Rookie $3,454,080 - - ($3,454,080) $3,454,080 2.49
Jones Jr.Derrick Jones Jr. 22 SF Minimum $1,645,357 - - ($1,645,357) $1,645,357 1.19
HaslemUdonis Haslem 39 PF Minimum $2,564,753 - - ($1,620,564) $1,620,564 1.17
NunnKendrick Nunn 24 SG Minimum $1,416,852 - - ($150,000) $1,416,852 1.02
RobinsonDuncan Robinson 0 F MLE $1,416,852 - - ($1,000,000) $1,416,852 1.02
AlexanderKyle Alexander 22 F Exhibit-10
Minimum
$898,310 - - - $898,310 0.65
MartinJeremiah Martin 0 G Exhibit-10
Minimum
$898,310 - - - $898,310 0.65
OkpalaKZ Okpala 20 SF MLE $898,310 - - ($898,310) $898,310 0.65
SilvaChris Silva 23 F Exhibit-10
Minimum
$898,310 - - - $898,310 0.65


2019-20 Dead Cap

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

Player (3) Age Pos. Signed Using Base Salary Signing Bonus Trade Kicker Dead Money Cap Figure Cap %
AndersonRyan Anderson 31 PF $5,214,583 - - - $5,214,583 3.76
HammonsA.J. Hammons 27 C $350,087 - - - $350,087 0.25
MatenYante Maten 23 PF $100,000 - - - $100,000 0.07


2019-20 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 (3) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
BabbittLuke Babbitt 30 SF Non-Bird         $1,618,486  
MickeyJordan Mickey 25 PF Non-Bird         $1,618,486  
WadeDwyane Wade 37 SG Early Bird         $1,618,486  


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.

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
($8,359,690)
KZ Okpala ($898,310)
Trade Exception $6,270,000
($6,270,000)
Wayne Ellington 02/06/2020


2019-20 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
2019 NBA Luxury Tax Threshold $132,627,000
Total Taxable Salaries $136,528,012
Luxury Tax Space $-3,901,012
2019 NBA Luxury Tax Apron $138,928,000
Luxury Tax Apron Space $112,482
Est. Luxury Tax Bill $5,851,518


2019-20 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 $133,150,848
Dead Money $5,664,670
Cap Holds $19,485,148
Total Salaries $138,815,518
2019 NBA Salary Cap Max $109,140,000
Actual Cap Max Space $-49,160,666
Cap Type Cap Total
Active Roster Cap $133,150,848
Dead Money $5,664,670
Cap Holds $19,485,148
Total Cap Allocations $138,815,518
2019 NBA Salary Cap Max $109,140,000
Cap Max Space $-49,160,666