We use cookies to offer you a better browsing experience, analyze site traffic, & serve targeted ads. By using our site, you consent to our use of cookies.

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

Viewing:
Player Option
Club Option
Estimate

Trade Kicker
Block Trade Clause
No Trade Clause
Player (9) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
ButlerJimmy Butler MAX 31 SG Sign-and-Trade $34,379,100 - - ($34,379,100) $34,379,100 19.01
IguodalaAndre Iguodala 36 SF Extend-and-Trade $15,000,000 - - ($15,000,000) $15,000,000 8.30
OlynykKelly Olynyk 29 C Cap Space $12,198,244 - $1,000,000 ($12,198,244) $13,198,244 7.30
AdebayoEdrice Adebayo 23 C Rookie $5,115,492 - - ($5,115,492) $5,115,492 2.83
HerroTyler Herro 20 SG Rookie $3,822,240 - - ($3,822,240) $3,822,240 2.11
NunnKendrick Nunn 25 SG Minimum $1,663,861 - - - $1,663,861 0.92
RobinsonDuncan Robinson 26 PF MLE $1,663,861 - - - $1,663,861 0.92
OkpalaKZ Okpala 21 SF MLE $1,517,981 - - ($1,517,981) $1,517,981 0.84
SilvaChris Silva 24 F MLE $1,517,981 - - ($1,517,981) $1,517,981 0.84


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 2.88
HammonsA.J. Hammons 28 C $350,087 - - - $350,087 0.19


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         $28,826,850  
HillSolomon Hill 29 SF         $19,888,172  
LeonardMeyers Leonard 28 C         $16,929,774  
CrowderJae Crowder 30 SF         $11,723,300  
HaslemUdonis Haslem 40 PF Bird         $1,731,372  
Jones Jr.Derrick Jones Jr. 23 SF         $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)
          $2,879,199  


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.

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
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 $139,000,000
Total Taxable Salaries $83,443,430
Luxury Tax Space $55,556,570


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 $97,375,643
Total Salaries $180,819,073
2020 NBA Salary Cap Max $115,000,000
Actual Cap Max Space $-65,819,073
Cap Type Cap Total
Active Roster Cap $77,878,760
Dead Money $5,564,670
Cap Holds $97,375,643
Total Cap Allocations $180,819,073
2020 NBA Salary Cap Max $115,000,000
Cap Max Space $-65,819,073



Deadlines

Deadline Date Player Type Value
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
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 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