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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.

Heat – The Athletic

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Estimate

Trade Kicker
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No Trade Clause
Player (14) 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 24.05
DragicGoran Dragic 33 PG Bird $19,217,900 - - ($19,217,900) $19,217,900 14.12
JohnsonJames Johnson 32 PF Cap Space $15,129,400 - $220,000 ($15,129,400) $15,349,400 11.28
WinslowJustise Winslow 23 SF Bird $13,000,000 - - ($13,000,000) $13,000,000 9.55
OlynykKelly Olynyk 28 C Cap Space $11,667,886 $408,706 $1,000,000 ($11,667,886) $12,667,886 9.31
WaitersDion Waiters 27 SG Cap Space $12,100,000 - - ($12,100,000) $12,100,000 8.89
LeonardMeyers Leonard 27 C Bird $11,286,517 - - ($11,286,517) $11,286,517 8.29
HerroTyler Herro 19 SG Rookie $3,640,200 - - ($3,640,200) $3,640,200 2.67
AdebayoEdrice Adebayo 22 C Rookie $3,454,080 - - ($3,454,080) $3,454,080 2.54
Jones Jr.Derrick Jones Jr. 22 SF Minimum $1,645,357 - - ($1,645,357) $1,645,357 1.21
HaslemUdonis Haslem 39 PF Minimum $2,564,753 - - ($1,620,564) $1,620,564 1.19
NunnKendrick Nunn 24 SG Minimum $1,416,852 - - ($450,000) $1,416,852 1.04
RobinsonDuncan Robinson 25 PF MLE $1,416,852 - - ($1,000,000) $1,416,852 1.04
OkpalaKZ Okpala 20 SF MLE $898,310 - - ($898,310) $898,310 0.66


2019-20 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. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
MaconDaryl Macon 23 PG -       -  
SilvaChris Silva 23 F -       -  


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 3.83
HammonsA.J. Hammons 27 C $350,087 - - - $350,087 0.26
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 $136,463,346
Luxury Tax Space $-3,836,346
2019 NBA Luxury Tax Apron $138,928,000
Luxury Tax Apron Space $2,807,412
Est. Luxury Tax Bill $5,754,519


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 $130,455,918
Dead Money $5,664,670
Cap Holds $19,485,148
Total Salaries $136,120,588
2019 NBA Salary Cap Max $109,140,000
Actual Cap Max Space $-46,465,736
Cap Type Cap Total
Active Roster Cap $130,455,918
Dead Money $5,664,670
Cap Holds $19,485,148
Total Cap Allocations $136,120,588
2019 NBA Salary Cap Max $109,140,000
Cap Max Space $-46,465,736



Deadlines

Deadline Date Player Type Value
2019-20
01/10/2020 Duncan Robinson Guaranteed $1,416,852
01/10/2020 Daryl Macon Guaranteed $1,445,697
01/10/2020 Chris Silva Guaranteed $898,310
01/10/2020 Kendrick Nunn Guaranteed $1,416,852
06/29/2020 Daryl Macon 2020-21 Qualifying Offer $1,931,372
06/29/2020 Kelly Olynyk 2020-21 Player Option $12,198,244
06/29/2020 Kendrick Nunn 2020-21 Qualifying Offer $2,122,822
06/29/2020 James Johnson 2020-21 Player Option $15,827,100
2020-21
10/19/2020 Kendrick Nunn Guaranteed $1,663,861
10/19/2020 Duncan Robinson Guaranteed $1,663,861
10/31/2020 Tyler Herro 2021-22 Club Option $4,004,280
06/29/2021 Duncan Robinson 2021-22 Qualifying Offer $2,122,822
06/29/2021 Edrice Adebayo 2021-22 Qualifying Offer $7,115,650
06/29/2021 Justise Winslow 2021-22 Club Option $13,000,000
2021-22
10/31/2021 Tyler Herro 2022-23 Club Option $5,722,116
06/29/2022 KZ Okpala 2022-23 Qualifying Offer $2,228,276
06/29/2022 Jimmy Butler 2022-23 Player Option $37,653,300
2022-23
06/29/2023 Tyler Herro 2023-24 Qualifying Offer $7,913,687