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.

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 SF $36,016,200 $36,016,200 - - - $36,016,200 25.95 Acquired via Trade
Adebayo Bam Adebayo PF $28,103,500 $28,103,500 - - - $28,103,500 20.25 Rk Extension / Bird
Lowry Kyle Lowry PG $26,984,128 $26,984,128 - - - $26,984,128 19.44 Acquired via Trade
Robinson Duncan Robinson SF $15,650,000 $15,650,000 - - - $15,650,000 11.27 Free Agent / Bird
Tucker P.J. Tucker PF $7,000,000 $7,000,000 - - - $7,000,000 5.04 Free Agent / NT-MLE
Herro Tyler Herro SG $4,004,280 $4,004,280 - - - $4,004,280 2.88 Drafted / Rookie Scale
Haslem Udonis Haslem PF $1,669,178 $2,641,691 - - - $1,669,178 1.20 Free Agent / Minimum
Morris Markieff Morris PF $1,669,178 $2,641,691 - - - $1,669,178 1.20 Free Agent / Minimum
Neck
Dedmon Dewayne Dedmon C $1,669,178 $2,389,641 - - - $1,669,178 1.20 Free Agent / Minimum
Oladipo Victor Oladipo SG $1,669,178 $2,389,641 - - - $1,669,178 1.20 Free Agent / Minimum
Knee
Strus Max Strus SG $1,669,178 $1,669,178 - - - $1,669,178 1.20 Free Agent / Minimum
Vincent Gabe Vincent PG $1,669,178 $1,669,178 - - - $1,669,178 1.20 Free Agent / Minimum
Yurtseven Omer Yurtseven C $1,489,065 $1,489,065 - - - $1,489,065 1.07 Free Agent / Minimum
Martin Caleb Martin SF $527,615 $527,615 - - - $527,615 0.38 RoS / Minimum
Highsmith Haywood Highsmith F $290,967 $290,967 - - - $290,967 0.21 RoS / NT-MLE


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.
MulderMychal Mulder G          
SmartJa'Vonte Smart G          


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 3.76 Waived
HighsmithHaywood Highsmith F $85,578 - - - $85,578 0.06 10-day
HighsmithHaywood Highsmith F $85,578 - - - $85,578 0.06 10-day
ChalmersMario Chalmers PG $138,019 - - - - 0.00 10-day
StauskasNik Stauskas SG $111,457 - - - - 0.00 10-day
GuyKyle Guy SG $95,930 - - - - 0.00 10-day
GuyKyle Guy SG $95,930 - - - - 0.00 10-day
SilvaChris Silva F $95,930 - - - - 0.00 10-day
SilvaChris Silva F $95,930 - - - - 0.00 10-day
SilvaChris Silva F $95,930 - - - - 0.00 10-day
SilvaChris Silva F $95,930 - - - - 0.00 10-day
CheathamZylan Cheatham SF $85,578 - - - - 0.00 10-day
HighsmithHaywood Highsmith F $85,578 - - - - 0.00 10-day
HolmanAric Holman C $53,176 - - - - 0.00 10-day


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 (2) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
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 Reason (Used On) Original Available
Non-Taxpayer Mid-Level
PJ Tucker
($7,000,000)
$9,536,000 $2,011,310
Bi-Annual
$3,732,000 $2,959,862
Trade
2/09/2023
KZ Okpala. trade with OKC
$1,782,621 $1,782,621


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 $135,522,461
Current Luxury Tax Space $1,083,539


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 $130,080,823
Dead Money $5,385,740
Cap Holds $3,338,356
Total Cap Allocations $138,804,919
Salary Cap Maximum
2021 NBA Salary Cap Max $112,414,000
Current Cap Space $-26,390,919
Salary Hard-Cap
2021 NBA Hard-Cap ("Luxury Tax Apron") $143,002,000
Total Hard-Cap Salaries $135,522,461
Hard-Cap Space $7,479,539




Deadlines

Deadline Date Player Type Value
1/10/2023 Haywood Highsmith 2022-23 Guaranteed $1,752,638
6/29/2023 Jamaree Bouyea 2023-24 Qualifying Offer $1,961,752
6/29/2023 Jamal Cain 2023-24 Qualifying Offer $1,961,752
6/29/2023 Darius Days 2023-24 Qualifying Offer — Two-Way $1,761,752
6/29/2023 Marcus Garrett 2023-24 Qualifying Offer $1,761,752
6/29/2023 Victor Oladipo 2023-24 Player Option $9,450,000
6/29/2023 Orlando Robinson 2023-24 Qualifying Offer $1,961,752
6/30/2023 Tyler Herro 2023-24 Qualifying Offer $7,913,687
7/08/2023 Dewayne Dedmon 2023-24 Guaranteed — 2 days after the last day of the 2023-24 Moratorium $4,324,000
7/15/2023 Haywood Highsmith 2023-24 Guaranteed $1,902,137
10/31/2023 Nikola Jovic 2024-25 Club Option $2,464,200
6/29/2024 Caleb Martin 2024-25 Player Option $7,126,900
6/30/2024 Haywood Highsmith 2024-25 Qualifying Offer $2,377,671
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
6/29/2026 Nikola Jovic 2026-27 Qualifying Offer $6,592,553