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Miami Heat Team Salary

Quick: Over the cap and hard-capped by the Avery Bradley and Mo Harkless contracts via the non-taxpayer mid-level exception.

Salary Cap: $109,140,000

Luxury Tax Threshold: $132,627,000

Hard Cap: $138,928,000

Projection for 2021-22 ($112,414,000 cap): Up to $28.2 million in cap space.

Roster Count: 15 guaranteed, two two-ways

Depth Chart*:
PG: Tyler Herro, Goran Dragic, Kendrick Nunn, Gabe Vincent
SG:Β Duncan Robinson, Avery Bradley, Max Strus (two-way)
SF: Jimmy Butler, Andre Iguodala, Mo Harkless, KZ Okpala
PF: Kelly Olynyk, Precious Achiuwa, Chris Silva, Udonis Haslem
C:Β Bam Adebayo, Meyers Leonard

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

Exceptions

  • Trade Exception (James Johnson, expiring 3/22/21) — $7,533,867
  • Mid-Level Exception — $0 (Avery Bradley, Mo Harkless)
  • Bi-Annual Exception — $3,623,000

Waived Players: Breein Tyree, Paul Eboua (claimed by the Brooklyn Nets), BJ Johnson

Traded Players: None

G-League Affiliate: Sioux Falls Skyforce (general manager Eric Amsler, coach TBD)

Two-Way Contracts: Gabe Vincent, Max Strus

Governor: Micky Arison

Basketball Executives:

  • Nick Arison — chief executive officer
  • Pat Riley — president
  • Andy Elisburg — senior vice president, basketball operations/general manager
  • Shane Battier — vice president, basketball development & analytics
  • Adam Simon — vice president, basketball operations/assistant general manager
  • Chet Kammerer — senior advisor of basketball operations/basketball
  • Keith Askins — director of college & pro scouting
  • Chad Kammerer — director of NBA scouting/advance scout

Coaching Staff

Head Coach: Erik Spoelstra

Assistants: Chris Quinn, Malik Allen, Caron Butler, Octavio De La Grana, Anthony Carter, Rob Fodor, Eric Glass

Trainers: Jay Sabol, Eric Foran (head strength & conditioning coach)

Pick Swaps

  • 2021 — Owe first-rounder to the Oklahoma City Thunder (Goran Dragic, Mikal Bridges, Tobias Harris, Paul George).
  • 2021 — Owe second-rounder to the Atlanta Hawks (Brian Roberts, Gary Trent Jr., Dewayne Dedmon).
  • 2022 — Owed second-rounder from the Denver Nuggets (Bol Manute Bol), may come from the Philadelphia 76ers.
  • 2022 — Owe second-rounder to the Indiana Pacers (Thaddeus Young).
  • 2023 — Owe first-rounder (lottery protected through 2025, unprotected in 2026) to the Oklahoma City Thunder (Jimmy Butler, Paul George).
  • 2023 — The higher second-rounder from the Miami HEAT and Dallas Mavericks to the Oklahoma City Thunder. The higher of (the lower second-rounder from Miami and Dallas) and the Houston Rockets (33-60) goes to the Boston Celtics. The pick that does not go to Boston (including Houston 31-32) goes to the Indiana Pacers (Josh McRoberts, Delon Wright, Bruno Caboclo, Desmond Bane, James Johnson, James Harden).
  • 2024 — Owe second-rounder (in the 51-55 range) to the Atlanta Hawks (Bol Manute Bol).
  • 2024 — Owe second-rounder (not in the 51-55 range) to the Philadelphia 76ers (Dwyane Wade, Kevin Porter Jr., Jordan Bone).
  • 2025 — Owe second-rounder to the Indiana Pacers (Thaddeus Young).
  • 2026 — Owe second-rounder to the Indiana Pacers (Thaddeus Young).

Cash Paid ($5,617,000 max): $0

Cash Received ($5,617,000 max): $0

Deadlines:

  • 2/6/21 — No-trade restrictions lift on Meyers Leonard, Udonis Haslem, Mo Harkless, Avery Bradley and Goran Dragic.
  • 2/23/21 — Ten-day contracts can be signed.
  • 3/22/21 — James Johnson trade exception expires.
  • 3/25/21 — Trade deadline.
  • 7/31/21 — Team option deadlines for Andre Iguodala, Meyers Leonard, Avery Bradley and Chris Silva.
  • 7/31/21 — Qualifying offer deadlines for Max Strus, Duncan Robinson and Kendrick Nunn.
  • Note: 2021-22 timing will still need revision with 2020-21 running late.
  • 8/1/21 — Final Day of 2020-21 season.
  • 8/2/21 — Start of 2021-22 season and moratorium.
  • 8/2/21 — Bam Adebayo’s poison pill expires.
  • 10/31/21 — Team options on Tyler Herro and Precious Achiuwa.
  • 6/29/22 — Player option deadline for Jimmy Butler.
  • 6/29/22 — Qualifying offer deadline for Chris Silva and KZ Okpala.
  • Before the first day of the 2022-23 season — Extension deadline for Tyler Herro.
  • 10/31/22 — Team option on Precious Achiuwa.
  • 6/29/23 — Qualifying offer deadline for Tyler Herro.
  • Before the first day of the 2023-24 season — Extension deadline for Precious Achiuwa
  • 6/29/24 — Qualifying offer deadline for Precious Achiuwa.

Teams and players can renegotiate guarantee dates but no later than 2/24/21.

Transactions

  • 11/17/20 — Duncan Robinson and Kendrick Nunn’s $1,663,861 guaranteed for 2020-21.
  • 11/18/20 — Drafted Precious Achiuwa (2020-20th).
  • 11/19/20 — Kelly Olynyk opted into the final year of his contract.
  • 11/19/20 — Issued a qualifying offer to Gabe Vincent.
  • 11/19/20 — Declined to issue a qualifying offer to Kyle Alexander.
  • 11/21/20 — Re-signed Gabe Vincent to a two-way contract ($50,000 guaranteed).
  • 11/22/20 — Re-signed Goran Dragic to a two-year $37,440,000 contract, team option on the final season.
  • 11/22/20 — Re-signed Meyers Leonard to a two-year $19,552,000 contract, team option on the final season.
  • 11/23/20 — Signed Avery Bradley to a two-year $11,551,750 contract, team option on the final season.
  • 11/23/20 — Signed Mo Harkless to a $3,623,000 contract.
  • 11/25/20 — Signed Precious Achiuwa (2020-20th) to a $12,513,127 rookie-scale contract.
  • 11/25/20 — Signed Paul Eboua to a $898,310 minimum summer contract (Exhibits 9 and 10).
  • 11/25/20 — Signed Breein Tyree to a $898,310 minimum summer contract (Exhibits 9 and 10).
  • 11/28/20 — Re-signed Bam Adebayo to a five-year designated maximum extension at a projected $125,903,680. Actual salary to be set at the start of the 2021-22 calendar year. Adebayo can earn 25, 27.5, 28.5 or 30 percent of the salary cap for 2021-22.
  • 11/28/20 — Re-signed Udonis Haslem to a $2,564,753 minimum contract.
  • 11/30/20 — Signed Max Strus to a $1,445,697 minimum summer contract (Exhibits 9 and 10).
  • 12/4/20 — Signed BJ Johnson to a $1,620,564 minimum summer contract (Exhibits 9 and 10).
  • 12/16/20 — Waived Breein Tyree and Paul Eboua (claimed by the Brooklyn Nets).
  • 12/19/20 — Converted Max Strus to a two-way contract ($50,000 guaranteed).
  • 12/19/20 — Waived BJ Johnson.

No-Trade: Goran Dragic (One-Year Bird), Udonis Haslem (One-Year Bird)

Trade Kickers:

  • Jimmy Butler — 15 percent
  • Andre Iguodala — 7.5 percent
  • Kelly Olynyk — five percent or the lesser of $2 million.

Note: Players can waive their trade bonuses.

Poison Pill

  • Bam Adebayo $28,019,299 (expiring 8/2/21)

Expired 10-Day Contracts: None

Qualifying Offers

  • None

Rookie-Scale Extension Eligible

  • None

Rookie-Scale Options

  • None

Free Agents (with Cap Holds)

  • Full Bird: None
  • Early Bird: Dwyane Wade*** ($1,620,564)
  • Non-Bird: Kyle Alexander (two-way), Luke Babbitt*** ($1,620,564), Jordan Mickey*** ($1,620,564)

*** Cannot be included in a sign-and-trade

Unsigned Draft Picks

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

Non-Guaranteed Salaries — Next Cut-Down Date*

  • None

* Players and teams can agree to push back cut-down dates but no later than 2/24/21.

Arena: American Airlines Arena

Archives
2019-20
2018-19
2017-18
2016-17
2015-16
2014-15
2013-14
2012-13

Cap Holds

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

(Updated on 1/18/21)

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