Miami Heat
Miami Heat 2020-21 Salary Cap
Heat 2020-21 Salary Cap
An updated look at the Miami Heat 2020 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.
| Player (15) | Pos. | Cap Figure | Base Salary |
Likely Incent. |
Unlikely Incent. |
Trade Bonus |
Cap Figure |
Cap % Team |
Cap % League |
Notes |
|---|---|---|---|---|---|---|---|---|---|---|
| Jimmy Butler | SF | $34,379,100 | $34,379,100 | - | - | - | $34,379,100 | 25.36 | 31.50 | Acquired via Trade |
| Victor Oladipo | SG | $21,000,000 | $21,000,000 | - | $250,000 | - | $21,000,000 | 15.49 | 19.24 |
Acquired via Trade
SEI-Knee
|
| Goran Dragic | PG | $18,000,000 | $18,000,000 | - | - | - | $18,000,000 | 13.28 | 16.49 | Free Agent / Bird |
| Andre Iguodala | SF | $15,000,000 | $15,000,000 | - | - | - | $15,000,000 | 11.06 | 13.74 | Acquired via Trade |
| Trevor Ariza | SF | $12,800,000 | $12,800,000 | - | - | - | $12,800,000 | 9.44 | 11.73 | Acquired via Trade |
| Nemanja Bjelica | PF | $7,150,000 | $7,150,000 | - | - | - | $7,150,000 | 5.27 | 6.55 | Acquired via Trade |
| Bam Adebayo | C | $5,115,492 | $5,115,492 | - | - | - | $5,115,492 | 3.77 | 4.69 | Drafted / Rookie Scale |
| Tyler Herro | SG | $3,822,240 | $3,822,240 | - | - | - | $3,822,240 | 2.82 | 3.50 | Drafted / Rookie Scale |
| Precious Achiuwa | PF | $2,582,160 | $2,582,160 | - | - | - | $2,582,160 | 1.90 | 2.37 | Drafted / Rookie Scale |
| Kendrick Nunn | PG | $1,663,861 | $1,663,861 | - | - | - | $1,663,861 | 1.23 | 1.52 | RoS / Minimum |
| Duncan Robinson | PF | $1,663,861 | $1,663,861 | - | - | - | $1,663,861 | 1.23 | 1.52 | RoS / NT-MLE |
| Udonis Haslem | PF | $1,620,564 | $2,564,753 | - | - | - | $1,620,564 | 1.20 | 1.48 | Free Agent / Minimum |
| KZ Okpala | SF | $1,517,981 | $1,517,981 | - | - | - | $1,517,981 | 1.12 | 1.39 | Drafted / NT-MLE |
| Dewayne Dedmon | C | $432,890 | $580,811 | - | - | - | $432,890 | 0.32 | 0.40 | RoS / Minimum |
| Omer Yurtseven | C | $18,458 | $18,458 | - | - | - | $18,458 | 0.01 | 0.02 | RoS / Minimum |
2020-21 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/Tax Allocations.
| Player (2) | Pos. | |||||
|---|---|---|---|---|---|---|
| Max Strus | SG | |||||
| Gabe Vincent | PG |
2020-21 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 (2) | Pos. | Base Salary | Likely Incent. |
Unlikely Incent. |
Trade Bonus | Cap Figure | Cap % | Notes |
|---|---|---|---|---|---|---|---|---|
| Ryan Anderson | PF | $5,214,583 | - | - | - | $5,214,583 | 3.85 | Waived |
| A.J. Hammons | C | $350,087 | - | - | - | $350,087 | 0.26 | Waived |
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. 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 |
|---|---|---|---|---|---|---|---|
| Jordan Mickey | PF | - | $1,620,564 | ||||
| Dwyane Wade | SG | - | $1,620,564 |
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.
Bi-Annual Exception Details is available to any teams who are below the Luxury Tax Apron ($138,928,000), 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 |
Avery Bradley ($5,635,000), Maurice Harkless ($3,623,000)
|
$9,258,000 | $0 |
|
Bi-Annual |
$3,623,000 | $3,623,000 | |
|
Trade 7/06/2024
|
Victor Oladipo trade with OKC
|
$9,450,000 | $9,450,000 |
|
Trade 7/08/2024
|
Max Strus trade with CLE
|
$7,243,842 | $7,243,842 |
|
Trade 1/23/2025
|
Kyle Lowry trade with CHA
|
$6,477,319 | $6,477,319 |
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 | $132,627,000 | |
| Total Taxable Salaries | $132,346,118 | |
| Current Luxury Tax Space | $280,882 | |
2020-21 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 | $126,766,607 |
| Dead Money | $5,564,670 |
| Cap Holds | $3,241,128 |
| Total Cap Allocations | $135,572,405 |
| Salary Cap Maximum | |
| 2020 NBA Salary Cap Max | $109,140,000 |
| Current Cap Space | $-26,432,405 |
| Salary Hard-Cap | |
| 2020 NBA First Apron ("Hard-Cap") | $138,928,000 |
| Total First Apron Salaries | $132,596,118 |
| First Apron Space | $6,331,882 |
Deadlines
| Deadline Date | Player | Type | Value |
|---|---|---|---|
| 6/29/2024 | Thomas Bryant | 2024-25 Player Option | $2,845,342 |
| 6/29/2024 | Alondes Williams | 2024-25 Qualifying Offer — Two-Way | $1,867,722 |
| 6/29/2024 | Cole Swider | 2024-25 Qualifying Offer — Two-Way | $1,867,722 |
| 6/29/2024 | Jamal Cain | 2024-25 Qualifying Offer | $1,867,722 |
| 6/29/2024 | Kevin Love | 2024-25 Player Option | $4,027,525 |
| 6/29/2024 | Josh Richardson | 2024-25 Player Option | $3,051,153 |
| 6/29/2024 | Caleb Martin | 2024-25 Player Option | $7,126,900 |
| 6/29/2024 | Haywood Highsmith | 2024-25 Qualifying Offer | $2,377,671 |
| 7/15/2024 | Orlando Robinson | 2024-25 Guaranteed | $2,120,693 |
| 10/31/2024 | Jaime Jaquez Jr. | 2025-26 Club Option | $3,861,600 |
| 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 |
| 10/31/2025 | Jaime Jaquez Jr. | 2026-27 Club Option | $5,939,141 |
| 1/10/2026 | Terry Rozier | 2025-26 Guaranteed | $26,643,031 |
| 6/29/2026 | Nikola Jovic | 2026-27 Qualifying Offer | $6,592,553 |
| 6/29/2027 | Jaime Jaquez Jr. | 2027-28 Qualifying Offer | $9,021,556 |
Unsigned Draft Picks
| Draft Year | Player | Age | Position | Country | College |
|---|---|---|---|---|---|
| 1995 | George Banks | 28 | PF | USA | Texas El-Paso |
| 1997 | Roberto Dueñas | 48 | C | ESP |
Future Draft Picks
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | ||||||||||||||||||||||||||||||
|
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MIA
If 1-14 or if MIA does not convey 1st to OKC in 2025
|
CHA
If 15-30 and if MIA conveys 1st to OKC in 2025
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| 2025 | ||||||||||||||||||||||||||||||
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MIA
Top-14 Protected
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OKC
15-30 (via LAC)
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| 2026 | ||||||||||||||||||||||||||||||
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MIA OKC
MIA pick if settled with OKC, OKC pick if not settled (via LAC)
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| 2027 | ||||||||||||||||||||||||||||||
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MIA
Top-14 Protected (or if MIA does not convey 1st to OKC in 2025)
|
CHA
15-30 and if MIA conveys 1st to OKC in 2025
|
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| 2028 | ||||||||||||||||||||||||||||||
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MIA CHA
MIA pick if MIA conveys 1st to CHA in 2027 or CHA pick if MIA does not convey 1st to OKC in 2025
|
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| 2029 | ||||||||||||||||||||||||||||||
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MIA
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| 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | ||||||||||||||||||||||||||||||
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MIA
31-50
|
ATL
51-55
|
NYK
56-60 (via CLE to DET to PHI)
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| 2025 | ||||||||||||||||||||||||||||||
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IND
31-37
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BKN
38-59 (via IND)
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| 2026 | ||||||||||||||||||||||||||||||
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MIA
via CLE
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MEM
More favorable of IND and MIA to MEM
|
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| 2027 | ||||||||||||||||||||||||||||||
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SAS
Least favorable of HOU, IND, MIA and OKC then others to OKC (via HOU to DET to OKC; via UTA to SAS)
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MIA
Least favorable of SAS or HOU, IND, MIA and OKC then others to OKC and SAS
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| 2028 | ||||||||||||||||||||||||||||||
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DAL
via SAS
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| 2029 | ||||||||||||||||||||||||||||||
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OKC
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