Miami Heat

Miami Heat 2026-27 Salary Cap

Heat 2026-27 Salary Cap

An updated look at the Miami Heat 2026 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 (2) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Herro Tyler Herro SG $33,000,000 $33,000,000 - $2,500,000 - $33,000,000 13.92 19.34 $33,000,000
($33,000,000)
Rk Extension / Bird
Jaquez Jr. Jaime Jaquez Jr. SF $5,939,141 $5,939,141 - - - $5,939,141 2.50 3.48 $5,939,141
($5,939,141)
Drafted / Rookie Scale


2026-27 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 (8) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
ButlerJimmy Butler SF - $54,292,700 Bird
RozierTerry Rozier PG - $39,964,547 Bird
AdebayoBam Adebayo C - $39,095,660 Bird
RobinsonDuncan Robinson SF - $29,832,000 Bird
JovicNikola Jovic SF $6,592,553 $13,336,251 Restricted Bird
HaslemUdonis Haslem PF - $2,533,301 Bird
MickeyJordan Mickey PF - $2,533,301 Non-Bird
WadeDwyane Wade SG - $2,533,301 Early Bird
Incomplete Roster Charge 10 spots 10 spots       $14,042,590  


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 Reason (Used On) Original Available
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


2026-27 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
2026 NBA Luxury Tax Threshold $207,292,000
Total Taxable Salaries $38,939,141
Current Luxury Tax Space $168,352,859


2026-27 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 Cap Total
Active Roster Cap $38,939,141
Cap Holds $198,163,651
Total Cap Allocations $237,102,792
Salary Cap Maximum
2026 NBA Salary Cap Max $170,610,000
Current Cap Space $-66,492,792
Second Apron
2026 NBA Second Apron $229,279,000
Second Apron Space $187,839,859
Salary Cap Floor
2026 NBA Salary Cap Floor $153,549,000
Current Floor Space $114,609,859
 

2026-27 Practical Cap Space

Available Practical Cap Space: $122,163,151 — $122,163,151

$122,163,151
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.

$122,163,151
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
10/31/2025 Jaime Jaquez Jr. 2026-27 Club Option $5,939,141
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
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
2025
MIA
Top-14 Protected
OKC
15-30 (via LAC)
2026
MIA    OKC
MIA pick if settled with OKC, OKC pick if not settled (via LAC)
2027
MIA
2028
MIA
2029
MIA
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
MIA
31-50
ATL
51-55
NYK
56-60 (via CLE to DET to PHI)
2025
IND
31-37
BKN
38-59 (via IND)
2026
MIA
via CLE
MEM
More favorable of IND and MIA to MEM
2027
SAS
Least favorable of HOU, IND, MIA and OKC then others to OKC (via HOU to DET to OKC; via UTA to SAS)
MIA
Least favorable of SAS or HOU, IND, MIA and OKC then others to OKC and SAS
2028
DAL
via SAS
2029
OKC