Miami Heat

Miami Heat 2022-23 Salary Cap

Heat 2022-23 Salary Cap

An updated look at the Miami Heat 2022 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

Player Option
Club Option
Non-Guaranteed
Estimate
Player (18) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Butler Jimmy Butler SF $37,653,300 $37,653,300 - - - $37,653,300 24.49 30.45 $184,049,331
($184,049,331)
Acquired via Trade
Adebayo Bam Adebayo PF $30,351,780 $30,351,780 - - - $30,351,780 19.74 24.55 $134,896,800
($134,896,800)
Rk Extension / Bird
Lowry Kyle Lowry PG $28,333,334 $28,333,334 - - - $28,333,334 18.43 22.91 $58,015,874
($58,015,874)
Acquired via Trade
Robinson Duncan Robinson SF $16,902,000 $16,902,000 - - - $16,902,000 10.99 13.67 $74,350,000
($64,350,000)
Free Agent / Bird
Oladipo Victor Oladipo SG $8,750,000 $8,750,000 - - - $8,750,000 5.69 7.08 $18,200,000
($18,200,000)
Free Agent / Bird
Martin Caleb Martin SF $6,479,000 $6,479,000 - - - $6,479,000 4.21 5.24 $20,408,850
($20,408,850)
Free Agent / NT-MLE
Herro Tyler Herro SG $5,722,116 $5,722,116 - - - $5,722,116 3.72 4.63 $5,722,116
($5,722,116)
Drafted / Rookie Scale
Dedmon Dewayne Dedmon C $4,700,000 $4,700,000 - - - $4,700,000 3.06 3.80 $9,024,000
($4,700,000)
Free Agent / Early Bird
Jovic Nikola Jovic SF $2,239,920 $2,239,920 - - - $2,239,920 1.46 1.81 $11,501,537
($4,591,920)
Drafted / Rookie Scale
Haslem Udonis Haslem PF $1,836,090 $2,905,851 - - - $1,836,090 1.19 1.48 $2,905,851
($2,905,851)
Free Agent / Minimum
Strus Max Strus SG $1,815,677 $1,815,677 - - - $1,815,677 1.18 1.47 $1,815,677
($1,815,677)
Free Agent / Minimum
Vincent Gabe Vincent PG $1,815,677 $1,815,677 - - - $1,815,677 1.18 1.47 $1,815,677
($1,815,677)
Free Agent / Minimum
Highsmith Haywood Highsmith F $1,752,638 $1,752,638 - - - $1,752,638 1.14 1.42 $3,654,775
($50,000)
RoS / NT-MLE
G'teed: $50,000
Yurtseven Omer Yurtseven C $1,752,638 $1,752,638 - - - $1,752,638 1.14 1.42 $1,752,638
($1,752,638)
Free Agent / Minimum
Training Camp/Exhibit 10, Exhibit 9
BouyeaJamaree Bouyea PG $1,017,781 $1,017,781 - $1,017,781 - - - Exhibit-10
CainJamal Cain F $1,017,781 $1,017,781 - $1,017,781 - - - Exhibit-10
RobinsonOrlando Robinson C $1,017,781 $1,017,781 - $1,017,781 - - - Exhibit-10
SmithDru Smith SG $1,017,781 $1,017,781 - $1,017,781 - - - Exhibit-10


2022-23 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) Pos.
DaysDarius Days PF          
GarrettMarcus Garrett PG          


2022-23 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 (2) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
MickeyJordan Mickey PF - $1,811,516 Non-Bird
WadeDwyane Wade SG - $1,811,516 Early Bird


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 ($156,938,000) 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 ($156,938,000), 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 Reason (Used On) Original Available
Non-Taxpayer Mid-Level
Caleb Martin
($6,479,000)
$10,490,000 $4,011,000
Bi-Annual
$4,105,000 $4,105,000
Trade
2/09/2023
KZ Okpala. trade with OKC
$1,782,621 $1,782,621


2022-23 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
2022 NBA Luxury Tax Threshold $150,267,000
Total Taxable Salaries $150,104,170
Current Luxury Tax Space $162,830


2022-23 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 $150,104,170
Cap Holds $3,623,032
Total Cap Allocations $153,727,202
Salary Cap Maximum
2022 NBA Salary Cap Max $123,655,000
Current Cap Space $-30,072,202
 

2022-23 Practical Cap Space

Available Practical Cap Space: $-28,369,564 — $-24,746,532

$-28,369,564
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.

$-24,746,532
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
1/10/2023 Haywood Highsmith 2022-23 Guaranteed $1,752,638
1/10/2023 Dru Smith 2022-23 Guaranteed $1,017,781
6/29/2023 Jamaree Bouyea 2023-24 Qualifying Offer $1,961,752
6/29/2023 Jamal Cain 2023-24 Qualifying Offer $1,961,752
6/29/2023 Darius Days 2023-24 Qualifying Offer — Two-Way $1,761,752
6/29/2023 Marcus Garrett 2023-24 Qualifying Offer $1,761,752
6/29/2023 Victor Oladipo 2023-24 Player Option $9,450,000
6/29/2023 Dru Smith 2023-24 Qualifying Offer $1,974,999
6/29/2023 Orlando Robinson 2023-24 Qualifying Offer $1,961,752
6/30/2023 Tyler Herro 2023-24 Qualifying Offer $7,913,687
7/08/2023 Dewayne Dedmon 2023-24 Guaranteed — 2 days after the last day of the 2023-24 Moratorium $4,324,000
7/15/2023 Haywood Highsmith 2023-24 Guaranteed $1,902,137
10/31/2023 Nikola Jovic 2024-25 Club Option $2,464,200
6/29/2024 Caleb Martin 2024-25 Player Option $7,126,900
6/30/2024 Haywood Highsmith 2024-25 Qualifying Offer $2,377,671
10/31/2024 Nikola Jovic 2025-26 Club Option $4,445,417
6/29/2025 Duncan Robinson 2025-26 Player Option — Early Termination Option
6/29/2025 Jimmy Butler 2025-26 Player Option $52,413,394
7/08/2025 Duncan Robinson 2025-26 Guaranteed $19,888,000
6/29/2026 Nikola Jovic 2026-27 Qualifying Offer $6,592,553