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Miami Heat 2021-22 Salary Cap

An updated look at the Miami Heat 2021-22 salary cap table, including team cap space, dead cap figures, exceptions, & complete breakdowns of player cap hits, salaries, and bonuses.

Heat – The Athletic

Player Option
Club Option
Estimate
Trade Kicker
Block Trade Clause
No Trade Clause
Player (5) Age Pos. Cap % Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
ButlerJimmy Butler MAX 32 SG $36,016,200 Sign-and-Trade $36,016,200 - - ($36,016,200) $36,016,200 33.77
IguodalaAndre Iguodala 37 SF $15,000,000 Extend-and-Trade $15,000,000 - - - $15,000,000 14.06
HerroTyler Herro 21 SG $4,004,280 Rookie $4,004,280 - - - $4,004,280 3.75
OkpalaKZ Okpala 22 SF $1,782,621 MLE $1,782,621 - - ($1,782,621) $1,782,621 1.67
SilvaChris Silva 25 F $1,782,621 MLE $1,782,621 - - - $1,782,621 1.67


2021-22 Dead Cap

Cap breakdowns for players who have been traded or released. All count against the team's Total Cap Allocations.

Player (1) Age Pos. Signed Using Base Salary Signing Bonus Trade Kicker Dead Money Cap Figure Cap %
AndersonRyan Anderson 33 PF $5,214,584 - - - $5,214,584 4.89


2021-22 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Heat are currently under the cap, all of these figures are included in their Total Cap Figure.

Player (4) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
OlynykKelly Olynyk 30 C   $18,285,000  
AdebayoEdrice Adebayo 24 C   $12,788,730  
NunnKendrick Nunn 26 SG Restricted Bird   $2,122,822  
RobinsonDuncan Robinson 27 PF Restricted Bird   $2,122,822  
Incomplete Roster Charge
(7 spots)
          $0  


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


2021-22 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
2021 NBA Luxury Tax Threshold $139,725,000
Total Taxable Salaries $63,800,306
Luxury Tax Space $75,924,694


2021-22 Miami Heat Salary Cap Totals

The Heat are currently under the league salary cap, meaning all Cap Holds & Exceptions are included in their Total Cap Allocations. The Cap Max Space figure below represents how much salary cap remains after all allocations are included.

Cap Type Total
Active Roster Cap $58,585,722
Dead Money $5,214,584
Cap Holds $42,853,241
Total Salaries $106,653,547
2021 NBA Salary Cap Max $115,000,000
Actual Cap Max Space $8,346,453
Practical Cap Space $71,986,595
Cap Type Cap Total
Active Roster Cap $58,585,722
Dead Money $5,214,584
Cap Holds $42,853,241
Total Cap Allocations $106,653,547
2021 NBA Salary Cap Max $115,000,000
Cap Max Space $8,346,453
Practical Cap Space $71,986,595



Deadlines

Deadline Date Player Type Value
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 Jimmy Butler 2022-23 Player Option $37,653,300
06/29/2022 KZ Okpala 2022-23 Qualifying Offer $2,228,276
2022-23
06/29/2023 Tyler Herro 2023-24 Qualifying Offer $7,913,687