Miami Heat 2024-25 Cap Table

The Miami Heat 2024-25 salary cap table, including salary cap table, including team cap space, player cap hits, incentives, & bonus info.

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Total Cap Allocations

$205,217,853 / 14th

Cap Space

$-64,217,853 / 17th

1st Apron Space

$-6,143,756

2nd Apron Sapce

$4,687,244

2024-25 Active Roster Cap

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (12) Pos Age Cap Hit Cap Hit Pct League Cap Base Salary Incentives Likely Incentives Unlikely Trade Bonus Proration
Butler Jimmy Butler SF 35 $48,798,677 34.61% $48,798,677 - - -
Adebayo Bam Adebayo C 27 $34,848,340 24.72% $34,848,340 - - -
Herro Tyler Herro SG 25 $29,000,000 20.57% $29,000,000 - $2,500,000 -
Rozier Terry Rozier PG 30 $24,924,126 17.68% $24,924,126 - - -
Robinson Duncan Robinson SF 30 $19,406,000 13.76% $19,406,000 - - -
Martin Caleb Martin SF 29 $7,126,900 5.05% $7,126,900 - - -
Love Kevin Love C 36 $4,027,525 2.86% $4,027,525 - - -
Jaquez Jr. Jaime Jaquez Jr. SF 23 $3,685,800 2.61% $3,685,800 - - -
Richardson Josh Richardson SG 31 $3,051,153 2.16% $3,051,153 - - -
Bryant Thomas Bryant C 27 $2,845,342 2.02% $2,845,342 - - -
Jovic Nikola Jovic SF 21 $2,464,200 1.75% $2,464,200 - - -
Robinson Orlando Robinson C 24 $2,120,693 1.50% $2,120,693 - - -

2024-25 Cap Hold Cap

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.

Player (9) Pos Age Cap Hit Cap Hit Pct League Cap Qualifying Offer
Highsmith Haywood Highsmith F 28 $2,377,671 1.69% - - - Bird
Cain Jamal Cain SF 25 $2,093,637 1.48% $2,093,637 - - Two-Way
Haslem Udonis Haslem PF 44 $2,093,637 1.48% - - - Bird
Mickey Jordan Mickey PF 30 $2,093,637 1.48% - - - Non-Bird
Mills Patty Mills PG 36 $2,093,637 1.48% - - - Non-Bird
Wade Dwyane Wade SG 43 $2,093,637 1.48% - - - Early Bird
Wright Delon Wright PG 32 $2,093,637 1.48% - - - Non-Bird
Swider Cole Swider F 25 $1,867,722 1.32% $1,867,722 - - Two-Way
Williams Alondes Williams G 25 $1,867,722 1.32% $1,867,722 - - Two-Way
Round 1, Pick #15       $4,244,160          
Round 2, Pick #43       -          

2024 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.

Type Reason (Used On) Expires Original Available
Taxpayer Mid-Level
11/30/2023 $5,184,000 $5,184,000
Trade
Dewayne Dedmon trade with SAS
2/7/2024 $4,700,000 $4,700,000
Trade
Victor Oladipo trade with OKC
7/6/2024 $9,450,000 $9,450,000
Trade
Max Strus trade with CLE
7/8/2024 $7,243,842 $7,243,842
Trade
Kyle Lowry trade with CHA
1/23/2025 $6,477,319 $6,477,319

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $141,000,000
Active Roster $182,298,756 6th
Cap Hold $22,919,097 25th
Total Allocations $205,217,853 14th
Space $-64,217,853 17th
Practical Cap Space Summary
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.
$-66,442,740 -
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.
$-32,174,023 -
1st Apron Summary
1st Apron Maximum $178,655,000
Total Allocations $184,798,756 -
Space $-6,143,756 -
2nd Apron Summary
2nd Apron Maximum $189,486,000
Total Allocations $184,798,756 -
Space $4,687,244 -

2024 Deadlines

Deadline Date Player Type Value
6/29/2024 Thomas Bryant
PLAYER
2024-25 Player Option
$2,845,342
6/29/2024 Alondes Williams
RFA / QO
2024-25 Qualifying Offer — Two-Way
$1,867,722
6/29/2024 Cole Swider
RFA / QO
2024-25 Qualifying Offer — Two-Way
$1,867,722
6/29/2024 Jamal Cain
RFA / QO
2024-25 Qualifying Offer
$2,093,637
6/29/2024 Kevin Love
PLAYER
2024-25 Player Option
$4,027,525
6/29/2024 Josh Richardson
PLAYER
2024-25 Player Option
$3,051,153
6/29/2024 Caleb Martin
PLAYER
2024-25 Player Option
$7,126,900
7/15/2024 Orlando Robinson
GUARANTEED
2024-25 Guaranteed
$2,120,693
10/31/2024 Jaime Jaquez Jr.
CLUB
2025-26 Club Option
$3,861,600
10/31/2024 Nikola Jovic
CLUB
2025-26 Club Option
$4,445,417
6/29/2025 Duncan Robinson
PLAYER
2025-26 Player Option — Early Termination Option
6/29/2025 Jimmy Butler
PLAYER
2025-26 Player Option
$52,413,394
7/8/2025 Duncan Robinson
GUARANTEED
2025-26 Guaranteed
$19,888,000
10/31/2025 Jaime Jaquez Jr.
CLUB
2026-27 Club Option
$5,939,141
1/10/2026 Terry Rozier
GUARANTEED
2025-26 Guaranteed
$26,643,031
6/29/2026 Nikola Jovic
RFA / QO
2026-27 Qualifying Offer
$6,592,553
6/29/2027 Jaime Jaquez Jr.
RFA / QO
2027-28 Qualifying Offer
$9,021,556

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
1997 Roberto Dueñas C 48 Spain
1995 George Banks PF 28 United States Texas El-Paso

Future Draft Picks

2025

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
MIA
Top-14 Protected
OKC
15-30 (via LAC)

2026

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
MIA    OKC
MIA pick if settled with OKC, OKC pick if not settled (via LAC)

2027

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
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

2028

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
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

2029

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
MIA

2030

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
MIA

2025

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
BKN
38-59 (via IND)

2026

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
MIA
via CLE
MEM
More favorable of IND and MIA to MEM

2027

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
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

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
DAL
via SAS

2029

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
OKC

2030

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
OKC

TRANSACTIONS

Mar 06, 2024
Josh Richardson

Will miss the remainder of the 2023-24 season with Miami (MIA) due to season-ending shoulder injury

Mar 06, 2024
Patty Mills

Signed a Rest-of-Season contract with Miami (MIA)

Feb 25, 2024
Nikola Jovic

Suspended 1 game (forfeit $16,220) for leaving the bench during altercation during MIA-NOP game

Feb 25, 2024
Jimmy Butler

Suspended 1 game (forfeit $311,614) for instigating and engaging in on-court altercation during MIA-NOP game

Feb 25, 2024
Thomas Bryant

Suspended 3 games (forfeit $52,308) for leaving the bench during altercation during MIA-NOP game

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