Miami Heat

Miami Heat 2021-22 Salary Cap

Heat 2021-22 Salary Cap

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

Heat – The Athletic

Player Option
Club Option
Non-Guaranteed
Estimate
Player (18) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap Figure Cap % Cash Remaining
(Guaranteed)
Notes
Butler Jimmy Butler SF $36,016,200 $36,016,200 - - - $36,016,200 25.51 $220,065,531
($182,412,231)
Acquired via Trade
Adebayo Bam Adebayo PF $28,103,500 $28,103,500 - - - $28,103,500 19.91 $163,000,300
($163,000,300)
Rk Extension / Bird
Lowry Kyle Lowry PG $26,984,128 $26,984,128 - - - $26,984,128 19.11 $85,000,002
($85,000,002)
Acquired via Trade
Robinson Duncan Robinson SF $15,560,000 $15,560,000 - - - $15,560,000 11.02 $89,910,000
($79,910,000)
Free Agent / Bird
Tucker P.J. Tucker PF $7,000,000 $7,000,000 - - - $7,000,000 4.96 $14,350,000
($14,350,000)
Free Agent / NT-MLE
Herro Tyler Herro SG $4,004,280 $4,004,280 - - - $4,004,280 2.84 $9,726,396
($9,726,396)
Drafted / Rookie Scale
Okpala KZ Okpala SF $1,782,621 $1,782,621 - - - $1,782,621 1.26 $1,782,621
($1,782,621)
Drafted / NT-MLE
Haslem Udonis Haslem PF $1,669,178 $2,641,691 - - - $1,669,178 1.18 $2,641,691
($2,641,691)
Free Agent / Minimum
Morris Markieff Morris PF $1,669,178 $2,641,691 - - - $1,669,178 1.18 $2,641,691
($2,641,691)
Free Agent / Minimum
Dedmon Dewayne Dedmon C $1,669,178 $2,389,641 - - - $1,669,178 1.18 $2,389,641
($2,389,641)
Free Agent / Minimum
Oladipo Victor Oladipo SG $1,669,178 $2,389,641 - - - $1,669,178 1.18 $2,389,641
($2,389,641)
Free Agent / Minimum
Strus Max Strus SG $1,669,178 $1,669,178 - - - $1,669,178 1.18 $3,484,855
($1,669,178)
Free Agent / Minimum
Vincent Gabe Vincent PG $1,669,178 $1,669,178 - - - $1,669,178 1.18 $3,484,855
($1,669,178)
Free Agent / Minimum
Yurtseven Omer Yurtseven C $1,489,065 $1,489,065 - - - $1,489,065 1.05 $3,241,703
($1,489,065)
Free Agent / Minimum
Training Camp/Exhibit 10, Exhibit 9
PotterMicah Potter C $925,258 $925,258 - $925,258 - - Exhibit-10
SmartJa'Vonte Smart G $925,258 $925,258 - $925,258 - - Exhibit-10
SmithDru Smith SG $925,258 $925,258 - $925,258 - - Exhibit-10
StewartD.J. Stewart SG $925,258 $925,258 - $925,258 - - Exhibit-10


2021-22 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.
GarrettMarcus Garrett PG          
MartinCaleb Martin SF          


2021-22 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 (1) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
AndersonRyan Anderson PF $5,214,584 - - - $5,214,584 3.69 Waived


2021-22 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
DedmonDewayne Dedmon C - $1,669,178 Non-Bird
MickeyJordan Mickey PF - $1,669,178 Non-Bird
WadeDwyane Wade SG - $1,669,178 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 ($143,002,000) 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 ($143,002,000), 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 Amount (Remaining) Reason/Notes Expire Date
Non-Taxpayer Mid-Level Exception $9,536,000
($2,536,000)
PJ Tucker ($7,000,000)
Bi-Annual Exception $3,732,000
($3,732,000)


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 $136,606,000
Total Taxable Salaries $136,169,446
Current Luxury Tax Space $436,554


2021-22 Miami Heat Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $143,002,000 at any point during the season.

Cap Type Cap Total
Active Roster Cap $130,954,862
Dead Money $5,214,584
Cap Holds $5,007,534
Total Cap Allocations $141,176,980
Salary Cap Maximum
2021 NBA Salary Cap Max $112,414,000
Current Cap Space $-28,762,980
Salary Hard-Cap
2021 NBA Hard-Cap ("Luxury Tax Apron") $143,002,000
Total Hard-Cap Salaries $136,169,446
Hard-Cap Space $6,832,554
 

2021-22 Practical Cap Space

Available Practical Cap Space: $-23,755,446 — $-18,540,862

$-23,755,446
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.

$-18,540,862
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
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