Miami Heat

Miami Heat 2019-20 Salary Cap

Heat 2019-20 Salary Cap

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

Heat – The Athletic

The 2021 NBA Offseason Financial Report
As the regular season nears, we take a look back at the offseason that was, diving into top spenders, tax statuses, notable free agent signings, trades, and extensions for each 2021-22 NBA team. READ ON
Player Option
Club Option
Non-Guaranteed
Estimate
Player (15) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap Figure Cap % Notes
Butler Jimmy Butler SG $32,742,000 $32,742,000 - - - $32,742,000 23.60 Acquired via Trade
Dragic Goran Dragic PG $19,217,900 $19,217,900 - - - $19,217,900 13.85 / Bird
Iguodala Andre Iguodala SF $17,185,185 $17,185,185 - - - $17,185,185 12.38 Acquired via Trade
Hill Solomon Hill SF $12,758,781 $12,758,781 - - - $12,758,781 9.19 Acquired via Trade
Olynyk Kelly Olynyk C $12,667,886 $11,667,886 $1,000,000 $400,000 - $12,667,886 9.13 / Space
Leonard Meyers Leonard C $11,286,517 $11,286,517 - - - $11,286,517 8.13 Acquired via Trade
Crowder Jae Crowder SF $7,815,533 $7,815,533 - - - $7,815,533 5.63 Acquired via Trade
Herro Tyler Herro SG $3,640,200 $3,640,200 - - - $3,640,200 2.62 Drafted / Rookie Scale
Adebayo Bam Adebayo C $3,454,080 $3,454,080 - - - $3,454,080 2.49 Drafted / Rookie Scale
Jones Jr. Derrick Jones Jr. SF $1,645,357 $1,645,357 - - - $1,645,357 1.19 / Minimum
Haslem Udonis Haslem PF $1,620,564 $2,564,753 - - - $1,620,564 1.17 Free Agent / Minimum
Nunn Kendrick Nunn SG $1,416,852 $1,416,852 - - - $1,416,852 1.02 RoS / Minimum
Robinson Duncan Robinson PF $1,416,852 $1,416,852 - - - $1,416,852 1.02 RoS / NT-MLE
Okpala KZ Okpala SF $898,310 $898,310 - - - $898,310 0.65 Drafted / NT-MLE
Silva Chris Silva F $466,918 $466,918 - - - $466,918 0.34 RoS / NT-MLE


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) Pos.
AlexanderKyle Alexander F          
VincentGabe Vincent G          


2019-20 Dead/Retained Cap

Cap breakdowns for players who have been released or served 10-day contracts. All count against the team's Total Cap Allocations.

Player (3) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
AndersonRyan Anderson PF $5,214,583 - - - $5,214,583 3.76 Waived
HammonsA.J. Hammons C $350,087 - - - $350,087 0.25 Waived
MatenYante Maten PF $100,000 - - - $100,000 0.07 Waived


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. 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 (3) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
BabbittLuke Babbitt SF - $1,620,564 Non-Bird
MickeyJordan Mickey PF - $1,620,564 Non-Bird
WadeDwyane Wade SG - $1,620,564 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 ($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
($7,609,393)
KZ Okpala ($898,310), Chris Silva ($466,918)


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 $134,615,772
Current Luxury Tax Space $-1,988,772
Est. Luxury Tax Bill $2,983,158


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 Cap Total
Active Roster Cap $128,232,935
Dead Money $5,664,670
Cap Holds $4,861,692
Total Cap Allocations $138,759,297
Salary Cap Maximum
2019 NBA Salary Cap Max $109,140,000
Current Cap Space $-29,619,297
Salary Hard-Cap
2019 NBA Hard-Cap ("Luxury Tax Apron") $138,928,000
Total Hard-Cap Salaries $135,015,772
Hard-Cap Space $3,912,228




Deadlines

Deadline Date Player Type Value
2022-23
06/30/2023 Tyler Herro 2023-24 Qualifying Offer $7,913,687
2024-25
06/29/2025 Duncan Robinson 2025-26 Player Option
2025-26
07/08/2025 Duncan Robinson Guaranteed $19,888,000