Miami HEAT Salary Archive – 2017/18

2017-18 Team-By-Team Salary Summary

Quick: Spent over the cap.

Salary Cap: $99,093,000

Luxury Tax Threshold: $119,266,000

Exceptions

• Room Exception: $4,328,000
• Trade Exception (Okaro White, expiring 2/8/19) — $1,312,611

Roster Count: 15 guaranteed, two two-ways

Depth Chart*:
PG: Goran Dragic, Derrick Walton Jr. (two-way)
SG: Tyler Johnson, Dwyane Wade, Rodney McGruder (injured), Dion Waiters (injured)
SF: Josh Richardson, Wayne Ellington, Luke Babbitt, Derrick Jones (two-way)
PF: Justise Winslow, James Johnson, Udonis Haslem, Jordan Mickey, Kelly Olynyk (injured)
C: Hassan Whiteside, Bam Adebayo

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

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

Two-Way Contracts: Derrick Walton Jr. (one-year), Derrick Jones

Two-Way Daily Rate in NBA/G-League: $4,608/$528

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

• 2018 — Owe first-rounder (top-seven protected, unprotected in 2019) to Phoenix Suns (Goran Dragic).
• 2018 — Owe second-rounder to Memphis Grizzlies (Chris Andersen), Orlando Magic or Houston Rockets.
• 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 Phoenix Suns (Goran Dragic).
• 2021 — Owe second-rounder to Portland Trail Blazers (Brian Roberts).
• 2023 — Owe second-rounder to Dallas Mavericks (Josh McRoberts).
• 2024 — Owe second-rounder (top-55 protected) to Cleveland Cavaliers (Dwyane Wade).

Cash Paid ($5.1 million max): $5.1 million to Dallas Mavericks (Josh McRoberts)

Cash Received ($5.1 million max): $0

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.
• 6/30/17 — Josh Richardson’s $1,471,382 guaranteed for 2017-18.
• 7/1/17 — Signed Bam Adebayo (2017-14th) to a $14,015,772 rookie-scale contract.
• 7/1/17 — Okaro White’s salary guaranteed at $226,312 for 2017-18.
• 7/6/17 — Wayne Ellington’s $6,270,000 guaranteed for 2017-18.
• 7/7/17 — Renounced the rights to Udonis Haslem, Willie Reed and Luke Babbitt.
• 7/7/17 — Traded Josh McRoberts, a 2023 second-rounder and $5.1 million to the Dallas Mavericks for A.J. Hammons.
• 7/7/17 — Signed Kelly Olynyk to a four-year, $51,210,825 contract with incentives (TBD), player option on final season.
• 7/7/17 — Signed Dion Waiters to a four-year, $52.0 million contract with incentives (TBD).
• 7/7/17 — Signed James Johnson to a four-year, $60,002,200 contract with incentives (TBD), player option on final season.
• 7/20/17 — Signed Udonis Haslem to a one-year, $2,328,652 contract.
• 7/24/17 — Signed Derrick Walton Jr. to a two-way contract.
• 7/24/17 — Signed Matt Williams to a one-year, $815,615 summer contract.
• 8/1/17 — Okaro White and Rodney McGruder’s salaries guaranteed at $452,624 for 2017-18.
• 8/20/17 — Signed Jordan Mickey to a two-year, $3,071,902 contract, team option on second season.
• 9/5/17 — Signed Larry Drew II to a non-guaranteed, one-year $1,312,611 summer contract with exhibits nine and 10.
• 9/18/17 — Signed Erik McCree to a non-guaranteed, one-year $815,615 summer contract with exhibits nine and 10.
• 9/18/17 — Signed Josh Richardson to a four-year, $41,965,056 extension, player option on final season.
• 9/19/17 — Picked up team option on Justise Winslow for 2018-19 season.
• 10/10/17 — Signed DeAndre Liggins to a non-guaranteed, one-year, $1,577,230 summer contract with exhibits nine and 10.
• 10/12/17 — Signed Tony Mitchell to a non-guaranteed, one-year, $1,312,611 summer contract with exhibit nine.
• 10/15/17 — Converted Matt Williams’ to a two-way contract.
• 10/17/17 — Okaro White and Rodney McGruder’s $1,312,611 guaranteed for 2017-18.
• 12/31/17 — Signed Derrick Jones to a two-way contract.
• 2/8/18 — Traded Okaro White to Atlanta Hawks for Luke Babbitt.
• 2/8/18 — Traded a protected 2024 second-rounder to Cleveland Cavaliers for Dwyane Wade.
• 3/12/18 — Dion Waiters disabled player exception expired.

Waived Players: Chris Bosh (medical retirement), Larry Drew II, Eric McCree, DeAndre Liggins (claimed by Milwaukee Bucks), Tony Mitchell, Matt Williams (two-way), A.J. Hammons (stretched)

Traded Players: Okaro White

Expired 10-Day Contracts: None

Unsigned Draft Picks

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

Arena: American Airlines Arena

Free Agents (with Cap Holds)

• None

Non-Guaranteed Salaries

• None

No-Trade: Josh Richardson (through 3/18/18)

Trade Kickers:

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

Note: Players can waive their trade bonuses.

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

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

(Updated on 5/8/18)