Miami Heat Team Salary

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2016-17 Team-By-Team Salary Summary

Quick: Spent over the cap

NBA Salary Cap: $94,143,000

Luxury Tax Threshold: $113,287,000

Projected Cap Space for 2017-18 ($102 million cap): Up to $43.5 million (assuming Chris Bosh’s salary is removed)

Exceptions

  • Room Exception: $0 (Dion Waiters)

Roster Count: 15 guaranteed

Depth Chart*:
PG: Goran Dragic, Tyler Johnson
SG:  Rodney McGruder, Wayne Ellington
SF: Dion Waiters, Okaro White, Josh Richardson (injured), Justise Winslow (injured)
PF: Luke Babbitt, James Johnson, Chris Bosh (injured), Josh McRoberts (injured)
C: Hassan Whiteside, Willie Reed, Udonis Haslem

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

Deadlines:

  • 5/6/17 — No-trade restriction lifts on Okaro White.
  • 6/29/17 — Player option on Josh McRoberts.
  • 6/29/17 — Player options for Willie Reed and Dion Waiters.
  • 6/30/17 — Josh Richardson’s $1,471,382 guarantees for 2017-18.
  • 7/1/17 — Okaro White’s salary guarantees at $226,312 for 2017-18.
  • Day following end of moratorium — Wayne Ellington’s $6,270,000 guarantees for 2017-18.
  • 8/1/17 — Okaro White and Rodney McGruder’s salaries guarantee at $452,624 for 2017-18.
  • First game of 2017-18 season — Okaro White and Rodney McGruder’s $1,312,611 guarantee for 2017-18.
  • 10/31/17 — Team option on Justise Winslow.
  • 6/29/18 — Qualifying offer deadlines for Josh Richardson and Okaro White.
  • 6/30/18 — Rodney McGruder’s $1,544,951 guarantees for 2018-19.
  • 10/31/18 — Extension deadline on Justise Winslow.
  • 6/29/19 — Player option for Goran Dragic.
  • 6/29/19 — Estimated player options for Hassan Whiteside and Tyler Johnson.
  • 6/29/19 — Qualifying offer deadlines on Justise Winslow and Rodney McGruder.

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

Acquisitions

  • 6/22/16 — Issued qualifying offer to Tyler Johnson.
  • 7/5/16 — Signed Rodney McGruder to a three-year, partially-guaranteed $2.5 million contract.
  • 7/7/16 — Renounced the rights to Dwyane Wade and Luol Deng.
  • 7/7/16 — Signed Hassan Whiteside to a four-year, $98.4 million contract, player option on final season.
  • 7/7/16 — Signed Wayne Ellington to a two-year, partially-guaranteed $12.3 million contract.
  • 7/7/16 — Signed Willie Reed to a two-year, $2.1 million contract, player option on second season.
  • 7/10/16 — Renounced the rights to Amar’e Stoudemire, Gerald Green and Dorell Wright.
  • 7/10/16 — Signed Derrick Williams to a one-year, $4,598,000 million contract.
  • 7/10/16 — Signed Udonis Haslem to a one-year, $4.0 million contract.
  • 7/10/16 — Signed James Johnson to a one-year, $4.0 million contract.
  • 7/10/16 — Traded cash $400,000 and a New Orleans Pelicans second-rounder back to the Pelicans for Luke Babbitt.
  • 7/10/16 — Matched offered sheet from Brooklyn Nets, signing Tyler Johnson to a four-year, Arenas-rule $50 million contract, player option on final season.
  • 7/12/16 — Signed Stefan Jankovic to a two-year, partially-guaranteed $1.4 million contract ($100,000).
  • 7/16/16 — Signed Okaro White to a two-year, partially-guaranteed $1.4 million contract ($100,000).
  • 7/25/16 — Signed Dion Waiters to a two-year, $5.9 million contract, player option on second season.
  • 8/1/16 — Josh Richardson’s $875k guaranteed for 2016-17.
  • 8/1/16 — Rodney McGruder’s salary guaranteed at $150,000 for 2016-17.
  • 8/17/16 — Signed Beno Udrih to a one-year, $1,551,659 contract.
  • 9/23/16 — Signed Keith Benson to a two-year, partially-guaranteed $1,889,382 contract ($75,000).
  • 10/17/16 — Signed Vashil Fernandez to a one-year, non-guaranteed $543,4371 summer contract.
  • 10/18/16 — Signed Luis Montero to a one-year, non-guaranteed $874,636 summer contract.
  • 10/17/16 — Picked up the team option on Justise Winslow.
  • 10/26/16 — Rodney McGruder’s salary guaranteed for $300,000 for 2016-17.
  • 12/1/16 — Rodney McGruder’s salary guaranteed for $400,000 for 2016-17.
  • 1/10/17 — Rodney McGruder’s $543,471 guaranteed for 2016-17.
  • 1/17/17 — Signed Okaro White to a $31,969 10-day contract.
  • 1/27/17 — Signed Okaro White to a $31,969 10-day contract.
  • 2/6/17 — Signed Okaro White to a two-year, partially-guaranteed $1,523,606 contract.
  • 2/8/17 — Signed Marcus Georges-Hunt to a 10-day $31,969 contract.

Waived Players: Stefan Jankovic, Briante Weber, Okaro White, Keith Benson, Vashil Fernandez, Luis Montero, Beno Udrih (claimed by Detroit Pistons), Derrick Williams

Traded Players: None

Expired 10-Day Contracts: Okaro White (two), Marcus Georges-Hunt

No-Trade: Tyler Johnson (matched offer sheet)

Coaching Staff

Head Coach: Erik Spoelstra

Assistants: David Fizdale (assistant head coach), 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

  • 2017 — Owe second-rounder (31-40 range, unprotected in 2018) to Memphis Grizzlies (Chris Andersen).
  • 2017 — Owe second-rounder (top-40 protected, unprotected in 2018) to Philadelphia 76ers (James Ennis, Ersan Ilyasova).
  • 2018 — Owe first-rounder (top-seven protected, unprotected in 2019) to Phoenix Suns (Goran Dragic).
  • 2019 — Owe second-rounder to Minnesota Timberwolves (Shabazz Napier, Mo Williams).
  • 2020 — Owe second-rounder to Boston Celtics (Zoran Dragic).
  • 2021 — Owe first-rounder to Phoenix Suns (Goran Dragic).
  • 2021 — Owe second-rounder to Portland Trail Blazers (Brian Roberts).

Unsigned Draft Picks

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

Free Agents

  • None

Cash Paid ($3.5 million max): $400,000 to New Orleans Pelicans (Luke Babbitt)

Cash Received ($3.5 million max): $0

Trade Kickers:

  • Tyler Johnson — 15 percent
  • Dion Waiters — 15 percent

Note: Players can waive their trade bonuses, under certain circumstances.

D-League Affiliate: Sioux Falls Skyforce (Coach Dan Craig)

Archives
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 3/15/17)