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Miami Heat Team Salary

2017-18 Team-By-Team Salary Summary

Quick: Over the cap and the tax threshold.

Salary Cap: $101,869,000

Luxury Tax Threshold: $123,733,000

Roster Count: Twelve guaranteed, one two-way

Depth Chart*:
PG: Goran Dragic, Tyler Johnson
SG: Dion Waiters, Wayne Ellington, Rodney McGruder
SF: Josh Richardson, Derrick Jones
PF: Justise Winslow, James Johnson, Duncan Robinson (two-way)
C: Hassan Whiteside, Bam Adebayo, Kelly Olynyk

*Note: Teams often adjust their depth chart throughout the season, sometimes game by game.

Free Agents (with Cap Holds)

  • Dwyane Wade ($1,499,698, non-Bird)
  • Luke Babbitt ($1,499,698, non-Bird)
  • Udonis Haslem ($1,499,698, full Bird)
  • Jordan Mickey ($1,499,698, non-Bird)
  • Derrick Walton Jr. (two-way, non-Bird)

Non-Guaranteed Salaries

  • None

Unsigned Draft Picks

  • First-rounders: None
  • Second-rounders: Roberto Duenas (1997-58th), George Banks (1995-46th)

Exceptions

  • Trade Exception (Okaro White, expiring 2/8/19) — $1,312,611
  • Mid-Level Exception — $8,641,000
  • Bi-Annual Exception — $3,382,000

Note: If team needs to avoid a hard cap, they lose the standard Mid-Level and Bi-Annual Exceptions and gain the $5,291,918 Taxpayer Mid-Level Exception.

Waived Players: None

Traded Players: None

Trade Kickers:

  • Tyler Johnson — 15 percent
  • Kelly Olynyk — five percent or the lesser of $2 million.

Note: Players can waive their trade bonuses.

No-Trade: Wayne Ellington (implicit)

G-League Affiliate: Sioux Falls Skyforce (general manager of basketball operations Adam Simon, Coach Dan Craig)

Two-Way Contracts: Duncan Robinson

Two-Way Daily Rate in NBA/G-League: TBD

Coaching Staff

Head Coach: Erik Spoelstra

Assistants: Juwan Howard, Keith Smart, Chris Quinn (player development)

Trainers: Jay Sabol, Bill Foran (strength and conditioning)

Basketball Executives:

  • Pat Riley — president of basketball operations
  • Andy Elisburg — general manager

Pick Swaps

  • 2019 — Owe second-rounder to Minnesota Timberwolves (Shabazz Napier, Mo Williams).
  • 2020 — Owe second-rounder to Sacramento Kings (Zoran Dragic, Kyrie Irving, George Hill).
  • 2021 — Owe first-rounder to Philadelphia 76ers (Goran Dragic, Mikal Bridges).
  • 2021 — Owe second-rounder to Sacramento Kings (Brian Roberts, Gary Trent Jr.).
  • 2023 — Owe second-rounder to Dallas Mavericks (Josh McRoberts).
  • 2024 — Owe second-rounder (top-55 protected) to Cleveland Cavaliers (Dwyane Wade).

Cash Paid ($5,243,000 max): $0

Cash Received ($5,243,000 max): $0

Deadlines:

  • Before first day of 2018 season — Extension deadline on Justise Winslow.
  • 10/31/18 — Team option on Bam Adebayo.
  • 12/15/18 — No-trade restriction lifts on Wayne Ellington and Derrick Jones.
  • 6/29/19 — Player options for Goran Dragic, Hassan Whiteside and Tyler Johnson.
  • 6/29/19 — Qualifying offer deadlines on Justise Winslow and Rodney McGruder.
  • 8/1/19 — Derrick Jones’ $1,645,357 guarantees for 2019-20.
  • 10/31/19 — Team option on Bam Adebayo.
  • 6/29/20 — Player option for Kelly Olynyk and James Johnson.
  • Before first day of 2020 season — Extension deadline on Bam Adebayo.
  • 6/29/21 — Qualifying offer deadline for Bam Adebayo.
  • 6/29/21 — Player option deadline for Josh Richardson.

Teams and players can renegotiate guarantee dates.  The NBA’s general cut-down date is approximately January 10.

Acquisitions

  • 6/11/18 — Issued qualifying offer to Derrick Jones.
  • 6/27/18 — Issued qualifying offer to Derrick Walton Jr.
  • 6/30/18 — Rodney McGruder’s $1,544,951 guaranteed for 2018-19.
  • 7/1/18 — Signed Derrick Jones to a partially-guaranteed two-year $3,157,958 contract.
  • 7/10/18 — Revoked Derrick Walton Jr.’s qualifying offer.
  • 7/10/18 — Signed Duncan Robinson to a two-way contract.
  • 7/13/18 — Signed Wayne Ellington to a one-year $6,270,000 contract.

Expired 10-Day Contracts: None

Arena: American Airlines Arena

Archives
2017-18
2016-17
2015-16
2014-15
2013-14
2012-13

Cap Holds

For notes on some of the rules and an explanation of cap holds, please refer to the following Salary Notes.

Salary and team data change quite often. If you notice a discrepancy, please notify Basketball Insiders Senior Writer Eric Pincus.

(Updated on 7/18/18)

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