Miami Heat

Miami Heat 2024 Salary Cap

Heat 2024 Salary Cap

   
%: Pct of League Cap
Player Option
Early Termination Option
Club Option

Active Roster

Players (12) Pos. Age 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Butler Jimmy Butler
3 yr, $146,396,031 (AAV: $48.80M)
Extension / Maximum
SF 35
Ext. Eligible
0$48,798,677
34.6%
0$52,413,394
PLAYER
33.8%
0UFA
$54.29M
Bird
     
Adebayo Bam Adebayo
5 yr, $163,000,300 (AAV: $32.60M)
Extension / Designated Rookie
C 27
Ext. Eligible
0$34,848,340
24.7%
0$37,096,620
23.9%
0UFA
$39.10M
Bird
     
Herro Tyler Herro
4 yr, $120,000,000 (AAV: $30.00M)
Extension / Rookie
SG 25 0$29,000,000
20.6%
0$31,000,000
20.0%
0$33,000,000
19.3%
0UFA
$48.86M
Bird
   
Rozier Terry Rozier
4 yr, $96,258,694 (AAV: $24.06M)
Extension / Veteran
PG 30
Ext. Eligible
0$24,924,126
17.7%
0$26,643,031
$24.9M GTD
17.2%
0UFA
$39.96M
Bird
     
Robinson Duncan Robinson
5 yr, $90,000,000 (AAV: $18.00M)
Free Agent
SF 30
Ext. Eligible
0$19,406,000
13.8%
0$19,888,000
ETO
12.8%
0UFA
$29.83M
Bird
     
Martin Caleb Martin
3 yr, $20,408,850 (AAV: $6.80M)
Free Agent
SF 29
Ext. Eligible
0$7,126,900
PLAYER
5.1%
0UFA
$13.54M
Bird
       
Love Kevin Love
2 yr, $7,863,263 (AAV: $3.93M)
Free Agent
C 36 0$4,027,525
PLAYER
2.9%
0UFA
$7.46M
Bird
       
Jaquez Jr. Jaime Jaquez Jr.
4 yr, $16,997,141 (AAV: $4.25M)
1st-Round / Rookie Scale
SF 23 0$3,685,800
2.6%
0$3,861,600
CLUB
2.5%
Ext. Eligible
0$5,939,141
CLUB
3.5%
0RFA
$17.82M
Bird
   
Richardson Josh Richardson
2 yr, $5,942,620 (AAV: $2.97M)
Free Agent
SG 31 0$3,051,153
PLAYER
2.2%
0UFA
$2.44M
Early Bird
       
Bryant Thomas Bryant
2 yr, $5,373,575 (AAV: $2.69M)
Free Agent
C 27 0$2,845,342
PLAYER
2.0%
0UFA
$2.35M
Early Bird
       
Jovic Nikola Jovic
4 yr, $11,501,537 (AAV: $2.88M)
1st-Round / Rookie Scale
SF 21 0$2,464,200
CLUB
1.7%
Ext. Eligible
0$4,445,417
CLUB
2.9%
0RFA
$13.34M
Bird
     
Robinson Orlando Robinson
2 yr, $3,922,462 (AAV: $1.96M)
Free Agent
C 24 0$2,120,693
$0M GTD
1.5%
0RFA
$2.86M
Bird
       
   

Cap Holds

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

Players (9) Pos. Age 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Highsmith Haywood Highsmith F 28 0RFA
$2.38M
Bird
         
Cain Jamal Cain SF 25 0RFA
$2.09M
Two-Way
         
Haslem Udonis Haslem PF 44 0UFA
$2.09M
Bird
0UFA
$2.30M
Bird
0UFA
$2.53M
Bird
0UFA
$2.79M
Bird
0UFA
$3.07M
Bird
 
Mickey Jordan Mickey PF 30 0UFA
$2.09M
Non-Bird
0UFA
$2.30M
Non-Bird
0UFA
$2.53M
Non-Bird
0UFA
$2.79M
Non-Bird
0UFA
$3.07M
Non-Bird
 
Mills Patty Mills PG 36 0UFA
$2.09M
Non-Bird
         
Wade Dwyane Wade SG 43 0UFA
$2.09M
Early Bird
0UFA
$2.30M
Early Bird
0UFA
$2.53M
Early Bird
0UFA
$2.79M
Early Bird
0UFA
$3.07M
Early Bird
 
Wright Delon Wright PG 32 0UFA
$2.09M
Non-Bird
         
Swider Cole Swider F 25 0RFA
$1.87M
Two-Way
         
Williams Alondes Williams G 25 0RFA
$1.87M
Two-Way
         

Summary

2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Cap Summary
Cap Maximum $141,000,000 $155,100,000 $170,610,000 $187,671,000 $206,438,100 $0
Active Roster Cap $182,298,756 $175,348,062 $38,939,141 - - -
Dead/Retained Cap - - - - - -
Cap Holds $22,769,217 $35,558,057 $184,121,061 $75,040,716 $9,195,882 -
Total Cap Allocations $205,067,973 $210,906,119 $223,060,202 $75,040,716 $9,195,882 $0
Cap Space $-64,067,973 $-55,806,119 $-52,450,202 $112,630,284 $197,242,218 $0
Hard-Cap Space Not Hard-Capped
Super-Tax Space
Tax Summary
Tax Threshold $171,315,000 $188,447,000 $207,292,000 $228,021,000 $250,823,000 $0
Taxable Salaries $182,298,756 $175,348,062 $38,939,141 $0 $0 $0
Tax Space $-10,983,756 $13,098,938 $168,352,859 $228,021,000 $250,823,000 $0
Tax Bill (Estimated)
$18,709,393
- - - - -


Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players.

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




Deadlines

Deadline Date Player Type Value
6/29/2024 Thomas Bryant 2024-25 Player Option $2,845,342
6/29/2024 Alondes Williams 2024-25 Qualifying Offer — Two-Way $1,867,722
6/29/2024 Cole Swider 2024-25 Qualifying Offer — Two-Way $1,867,722
6/29/2024 Jamal Cain 2024-25 Qualifying Offer $2,093,637
6/29/2024 Kevin Love 2024-25 Player Option $4,027,525
6/29/2024 Josh Richardson 2024-25 Player Option $3,051,153
6/29/2024 Caleb Martin 2024-25 Player Option $7,126,900
6/29/2024 Haywood Highsmith 2024-25 Qualifying Offer $2,377,671
7/15/2024 Orlando Robinson 2024-25 Guaranteed $2,120,693
10/31/2024 Jaime Jaquez Jr. 2025-26 Club Option $3,861,600
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
10/31/2025 Jaime Jaquez Jr. 2026-27 Club Option $5,939,141
1/10/2026 Terry Rozier 2025-26 Guaranteed $26,643,031
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 DueƱas 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
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
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
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
MIA
2030
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
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
2030
OKC