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Miami Heat Team Salary

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2016-17 Team-By-Team Salary Summary

Quick: Currently over the cap

Projected Cap Space for 2017-18 ($99 million cap): Up to $35.6 million (assuming Chris Bosh’s salary is removed)

Exceptions

  • Room Exception: $4,328,000

Free Agents (with Cap Holds)

  • Bird: Udonis Haslem ($7,600,000), Luke Babbitt ($1,471,382)
  • Non-Bird: James Johnson ($4,800,000), Dion Waiters ($3,477,600), Willie Reed ($1,471,382)

Non-Guaranteed Salaries

  • Wayne Ellington $6,270,000
  • Josh Richardson $1,471,382
  • Rodney McGruder $1,312,611
  • Okaro White $1,312,611

Unsigned Draft Picks

  • First-rounders: Bam Adebayo (14th, cap hold $2,490,360)
  • Second-rounders: Roberto Duenas (1997-58th), George Banks (1995-46th)

Roster Count: Six guaranteed, four non-guaranteed

Depth Chart*:
PG: Goran Dragic, Tyler Johnson
SG: Rodney McGruder, Wayne Ellington
SF: Josh Richardson, Okaro White
PF: Justise Winslow, Josh McRoberts, Chris Bosh (injured)
C: Hassan Whiteside

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

Deadlines:

  • 6/30/17 — Josh Richardson’s $1,471,382 guarantees for 2017-18.
  • 7/1/17-7/5/17 — NBA moratorium.
  • 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

  • 5/23/17 — Josh McRoberts opted into the final year of his contract.
  • 6/29/17 — Willie Reed and Dion Waiters opted out of their contracts.

Waived Players: None

Traded Players: None

Expired 10-Day Contracts: None

No-Trade: None

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

  • 2018 — Owe second-rounder to Memphis Grizzlies (Chris Andersen).
  • 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).

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.

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

Archives
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 6/30/17)