NBA Miami Heat 2024-25 Financial Summary
A current summary of Miami Heat 2024-25 player cap & cash figures.
Total Cap
$196,132,980 / 9th
Cap Space
$-55,544,980 / 22nd
Tax Space
$-14,401,527
Cash Total
$188,302,247 / 6th
2024-25 Active Roster
Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
| Player (18) | Pos | Age | Type | Cap Hit | Cap Hit Pct League Cap | Apron Salary | Luxury Tax | Cash Total | Cash Guaranteed | Free Agent Year |
|---|---|---|---|---|---|---|---|---|---|---|
|
Butler
1 Jimmy Butler
|
SF | 35 | Maximum-extension | $48,798,677 | 34.71% | $48,798,677 | $48,798,677 | $48,798,677 | $48,798,677 | 2026 |
|
Adebayo
2 Bam Adebayo
|
C | 27 | DRK-EXT | $34,848,340 | 24.79% | $34,848,340 | $34,848,340 | $34,848,340 | $34,848,340 | |
|
Herro
3 Tyler Herro
|
SG | 25 | RK-EXT | $29,000,000 | 20.63% | $31,500,000 | $29,000,000 | $29,000,000 | $29,000,000 | 2027 |
|
Rozier
4 Terry Rozier
|
PG | 30 | VET-EXT | $24,924,126 | 17.73% | $24,924,126 | $24,924,126 | $24,924,126 | $24,924,126 | 2026 |
|
Robinson
5 Duncan Robinson
|
SF | 30 | FA | $19,406,000 | 13.80% | $19,406,000 | $19,406,000 | $19,406,000 | $19,406,000 | 2026 |
|
Highsmith
6 Haywood Highsmith
|
F | 28 | FA | $5,200,000 | 3.70% | $5,200,000 | $5,200,000 | $5,200,000 | $5,200,000 | 2026 |
|
Ware
7 Kel'el Ware
|
C | 20 | RK | $4,655,040 | 3.31% | $4,655,040 | $4,655,040 | $4,655,040 | $4,655,040 | 2028 |
|
Love
8 Kevin Love
|
C | 36 | FA | $3,850,000 | 2.74% | $3,850,000 | $3,850,000 | $3,850,000 | $3,850,000 | 2026 |
|
Jaquez Jr.
9 Jaime Jaquez Jr.
|
SF | 23 | RK | $3,685,800 | 2.62% | $3,685,800 | $3,685,800 | $3,685,800 | - | 2027 |
|
Richardson
10 Josh Richardson
|
SG | 31 | FA | $3,051,153 | 2.17% | $3,051,153 | $3,051,153 | $3,051,153 | $3,051,153 | 2025 |
|
Jovic
11 Nikola Jovic
|
SF | 21 | RK | $2,464,200 | 1.75% | $2,464,200 | $2,464,200 | $2,464,200 | $2,464,200 | 2026 |
|
Burks
12 Alec Burks
|
SG | 33 | FA | $2,087,519 | 1.48% | $2,087,519 | $2,087,519 | $3,303,771 | $3,303,771 | 2025 |
|
Bryant
13 Thomas Bryant
|
C | 27 | FA | $2,087,519 | 1.48% | $2,087,519 | $2,087,519 | $2,800,834 | $2,800,834 | 2025 |
|
Larsson
14 Pelle Larsson
|
SG | 23 | RK | - | - | $1,157,153 | $1,157,153 | $1,157,153 | $1,157,153 | 2027 |
|
Stevens
15 Isaiah Stevens
|
PG | 24 | E10 | - | - | - | - | $1,157,153 | - | 2025 |
|
Christopher
16 Josh Christopher
|
SG | 23 | TW | - | - | - | - | - | - | 2025 |
|
Smith
17 Dru Smith
|
SG | 27 | TW | - | - | - | - | - | - | 2025 |
|
Johnson
18 Keshad Johnson
|
PF | 23 | TW | - | - | - | - | - | - | 2025 |
2024-25 Cap Hold
Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.
| Player (6) | Pos | Age | Type | Cap Hit | Cap Hit Pct League Cap | |||||
|---|---|---|---|---|---|---|---|---|---|---|
|
Haslem
1 Udonis Haslem
|
PF | 44 | FA | $2,087,519 | 1.48% | Bird | ||||
|
Wade
2 Dwyane Wade
|
SG | 43 | $2,087,519 | 1.48% | Early Bird | |||||
|
Mills
3 Patty Mills
|
PG | 36 | ROS | $2,087,519 | 1.48% | Non-Bird | ||||
|
Mickey
4 Jordan Mickey
|
PF | 30 | $2,087,519 | 1.48% | Non-Bird | |||||
|
Swider
5 Cole Swider
|
F | 25 | TW | $1,862,265 | 1.32% | Two-Way | ||||
|
Williams
6 Alondes Williams
|
G | 25 | TW | $1,862,265 | 1.32% | Two-Way | ||||
| 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 | End-of-Season | $5,168,000 | $5,168,000 | ||
| Trade |
Kyle Lowry trade with CHA
|
1/23/2025 | $6,477,319 | $6,477,319 |
2024 Cap Totals
| Cap Maximum Summary | ||
| Cap Maximum | $140,588,000 | |
| Active Roster | $184,058,374 | 6th |
| Cap Hold | $12,074,606 | 16th |
| Total Allocations | $196,132,980 | 9th |
| Space | $-55,544,980 | 22nd |
| 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.
|
$-54,715,512 | - |
|
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.
|
$-43,470,374 | - |
| 1st Apron Summary | ||
| 1st Apron Maximum | $178,132,000 | |
| Total Allocations | $187,715,527 | - |
| Space | $-9,583,527 | - |
| 2nd Apron Summary | ||
| 2nd Apron Maximum | $188,931,000 | |
| Total Allocations | $187,715,527 | - |
| Space | $1,215,473 | - |
2024 Tax Totals
| Tax Summary | ||
| Tax Threshold | $170,814,000 | |
| Total Allocations | $185,215,527 | 6th |
| Space | $-14,401,527 | 25th |
| Ext. Luxury Tax Bill | $26,960,029 | - |
2024 Deadlines
| Deadline Date | Player | Type | Value |
|---|---|---|---|
| 7/30/2024 | Terry Rozier |
EXTENSION ELIGIBLE
2024-25 Extension Eligible |
|
| 10/31/2024 | Nikola Jovic |
CLUB
2025-26 Club Option |
$4,445,417 |
| 10/31/2024 | Jaime Jaquez Jr. |
CLUB
2025-26 Club Option |
$3,861,600 |
| 6/29/2025 | Josh Christopher | 2025-26 Qualifying Offer — Two-Way | $2,048,494 |
| 6/29/2025 | Isaiah Stevens | 2025-26 Qualifying Offer | $2,248,494 |
| 6/29/2025 | Dru Smith | 2025-26 Qualifying Offer | $2,048,494 |
| 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 |
| 10/20/2025 | Pelle Larsson |
GUARANTEED
2025-26 Guaranteed — Opening Night TBD |
$1,955,378 |
| 10/31/2025 | Jaime Jaquez Jr. |
CLUB
2026-27 Club Option |
$5,939,141 |
| 10/31/2025 | Kel'el Ware |
CLUB
2026-27 Club Option |
$5,120,400 |
| 1/10/2026 | Terry Rozier |
GUARANTEED
2025-26 Guaranteed |
$26,643,031 |
| 6/29/2026 | Nikola Jovic | 2026-27 Qualifying Offer | $6,592,553 |
| 6/29/2026 | Pelle Larsson |
CLUB
2026-27 Club Option — non-guaranteed |
|
| 10/19/2026 | Pelle Larsson |
GUARANTEED
2026-27 Guaranteed — Opening Night TBD |
|
| 10/31/2026 | Kel'el Ware |
CLUB
2027-28 Club Option |
$7,849,573 |
| 6/29/2027 | Jaime Jaquez Jr. | 2027-28 Qualifying Offer | $9,021,556 |
| 6/29/2028 | Kel'el Ware | 2028-29 Qualifying Offer | $11,758,661 |
| 6/29/2028 | Bam Adebayo |
PLAYER
2028-29 Player Option |
$59,198,795 |
2024 Unsigned Draft Picks
| Draft Year | Player | Pos | Age | Country | College | |
|---|---|---|---|---|---|---|
| 1997 | Roberto Dueñas | C | 48 | Spain | ||
| 1995 | George Banks | PF | 29 | United States | Texas El-Paso |
Future Draft Picks
2025 |
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| 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
If 1-14
|
OKC
If 15-30 (via LAC)
|
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2026 |
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| 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 | |
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MIA OKC
If already settled with OKC, else OKC (via LAC)
|
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2027 |
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| 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
If 1-14 or if MIA does not convey 1st to OKC in 2025
|
CHA
If 1-14 or if MIA does not convey 1st to OKC in 2025
|
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2028 |
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| 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 | |
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MIA CHA
If MIA does not convey 1st to OKC in 2025
|
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2029 |
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| 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 | |
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MIA
|
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2030 |
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| 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 | |
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MIA
|
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2031 |
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| 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 | |
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MIA
|
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2025 |
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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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|
BKN
If 38-59 (via IND)
|
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2026 |
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| 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)
|
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MEM
More favorable of IND and MIA to MEM
|
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2027 |
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| 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 | |
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SAS
Least favorable of HOU, IND, MIA and OKC then others to OKC (via HOU to DET to OKC; via UTA to SAS)
|
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MIA
Least favorable of SAS or HOU, IND, MIA and OKC then others to OKC and SAS
|
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2028 |
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| 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 | |
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DET
(via SAS to DAL)
|
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2029 |
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| 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 | |
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OKC
|
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2030 |
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| 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 | |
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OKC
|
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2031 |
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| 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 | |
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MIA
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