Miami Heat 2023 Cap Sheet
Cap sheet & depth chart information for the Miami Heat as well as transactions, draft picks, trade exceptions and more.
Payroll
Player Option
Team Option
Qualifying Offer
Non-Guaranteed
Partially Guaranteed
| Players (18) | Pos | Age | YoS | LBRN | 2023-24 | 2024-25 | 2025-26 | 2026-27 | 2027-28 | Signed w/ | Gtd | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jimmy Butler low activity | PF | 34 | 12 | 2.61 | $45.1M | $48.7M | $52.4M | Bird | $93.9M | |||
| Bam Adebayo low activity | C | 26 | 6 | 1.96 | $32.6M | $34.8M | $37.0M | Bird | $104.5M | |||
| Tyler Herro low activity | SG | 24 | 4 | 0.11 | $27.0M | $29.0M | $31.0M | $33.0M | Bird | $120.0M | ||
| Terry Rozier low activity | PG | 29 | 8 | -0.13 | $23.2M | $24.9M | $26.6M | Bird | $74.7M | |||
| Duncan Robinson low activity | SF | 29 | 5 | -0.28 | $18.1M | $19.4M | $19.8M | Bird | $57.4M | |||
| Caleb Martin low activity | SF | 28 | 4 | -0.96 | $6.8M | $7.1M | MLE | $6.8M | ||||
| Kevin Love low activity | PF | 35 | 15 | 3.09 | $3.8M | $4.0M | Non Bird | $3.8M | ||||
| Jaime Jaquez Jr. low activity | SF | 22 | 0 | -0.66 | $3.5M | $3.6M | $3.8M | $5.9M | Rookie | $7.1M | ||
| Josh Richardson low activity | SG | 30 | 8 | -1.34 | $2.8M | $3.0M | Minimum | $2.8M | ||||
| Thomas Bryant low activity | C | 26 | 6 | -0.62 | $2.5M | $2.8M | Minimum | $2.5M | ||||
| Nikola Jovic low activity | PF | 20 | 1 | 0.29 | $2.3M | $2.4M | $4.4M | Rookie | $2.3M | |||
| Orlando Robinson low activity | C | 23 | 1 | -0.56 | $1.8M | $2.1M | Minimum | $3.9M | ||||
Two-Way (3) | ||||||||||||
| Alondes Williams low activity | SG | 24 | 1 | -0.44 | $0 | $0 | ||||||
| Cole Swider low activity | SF | 24 | 1 | -0.53 | $0 | $0 | ||||||
| Jamal Cain low activity | PF | 24 | 1 | -0.72 | $0 | $0 | ||||||
Dead Cap (1) | ||||||||||||
| Dru Smith low activity | SG | 1 | -0.73 | $1.8M | $1.8M | |||||||
Cap Holds (3) | ||||||||||||
| Udonis Haslem Role Player | 20 | $2.0M | Bird | $0 | ||||||||
| Jordan Mickey Role Player | 8 | $2.0M | Non-Bird | $0 | ||||||||
| Dwyane Wade Role Player | 20 | $2.0M | Early Bird | $0 | ||||||||
| Age | YoS | LBRN | 2023-24 | 2024-25 | 2025-26 | 2026-27 | 2027-28 | Gtd | ||||
Average | 26.5 | 7.1 | 0.12 | $11.1M | $15.1M | $25.0M | $19.4M | $0 | $37.0M | |||
Guaranteed Total | $171.6M | $162.7M | $114.6M | $33.0M | $0 | $482.0M | ||||||
Inclusive Total | $177.7M | $182.2M | $175.3M | $38.9M | $0 | $482.0M | ||||||
Salary Cap | $136.0M | $141.0M | $155.1M | $170.6M | $187.6M | |||||||
Luxury Tax Threshold | $165.2M | $171.3M | $188.4M | $207.2M | $228.0M | |||||||
Apron | $172.3M | $178.6M | $196.1M | $215.3M | $236.4M | |||||||
Second Apron | $182.5M | $189.4M | $207.4M | $227.1M | $248.8M | |||||||
Bi-Annual Ex. | $4.5M | $4.6M | $5.1M | $5.6M | $6.2M | |||||||
Non-Taxpayer MLE | $12.4M | $12.8M | $14.1M | $15.5M | $17.1M | |||||||
Taxpayer MLE | $5.0M | $5.1M | $5.7M | $6.2M | $6.8M | |||||||
Room Ex. | $7.7M | $8.0M | $8.8M | $9.6M | $10.6M | |||||||
Cap Space | - $41.7M | - $41.2M | - $20.2M | $131.6M | $187.6M | |||||||
Max Cap Space | - $35.6M | - $21.7M | $40.4M | $137.6M | $187.6M | |||||||
Luxury Tax Space | - $12.4M | - $10.9M | $13.0M | $168.3M | $228.0M | |||||||
Apron Space | - $5.3M | - $3.6M | $20.7M | $176.3M | $236.4M | |||||||
Second Apron Space | $4.7M | $7.1M | $32.1M | $188.2M | $248.8M | |||||||
Heat cap sheet information was last updated .
If these numbers don't look right, feel free to email us at [email protected] or download the data and calculate the totals for yourself.
Depth Chart
SF
3
*Change depth chart order to be based on stats (LEBRON) or salary cap impact by toggling the switch on the top right. Alternate positions a player might have in the rotation are listed underneath in italics/gray.
Trade Exceptions
Transactions
2023-2024
Patty Mills
Signed a Rest-of-Season contract with Miami (MIA)Delon Wright
Signed a Rest-of-Season contract with Miami (MIA)R.J. Hampton
Waived by Miami (MIA) - ended Two-Way contractAlondes Williams
Signed a Two-Way contract with Miami (MIA)Terry Rozier
Traded to Miami (MIA) from Charlotte (CHA) for Kyle Lowry and 2027 1st round pickShow More
Dru Smith
Signed a 2 year $3.92 million contract with Miami (MIA) - converted Two-WayJustin Champagnie
Waived by Miami (MIA)Cheick Diallo
Waived by Miami (MIA)Cole Swider
Signed a Two-Way contract with Miami (MIA) - converted Two-WayAlondes Williams
Waived by Miami (MIA)Drew Peterson
Waived by Miami (MIA)Nikola Jovic
Miami (MIA) exercised $2.46 million option for 2024-25Cheick Diallo
Signed a contract with Miami (MIA) - Exhibit 10Caleb Daniels
Waived by Miami (MIA)R.J. Hampton
Signed a Two-Way contract with Miami (MIA)Jamal Cain
Signed a Two-Way contract with Miami (MIA)Justin Champagnie
Signed a contract with Miami (MIA) - Exhibit 10Drew Peterson
Signed a contract with Miami (MIA) - Exhibit 10Cole Swider
Signed a contract with Miami (MIA) - Exhibit 10Alondes Williams
Signed a contract with Miami (MIA) - Exhibit 10Caleb Daniels
Signed a contract with Miami (MIA) - Exhibit 10Kevin Love
Signed a 2 year $7.66 million contract with Miami (MIA) - includes 2024-25 Player Option. Miami used their remaining salary of $3,114,138 from the Bi-Annual Exception.Kevin Love
Signed a 2 year $7.86 million contract with Miami (MIA) - includes 2024-25 Player Option. Miami used their remaining salary of $3,114,138 from the Bi-Annual Exception.Thomas Bryant
Signed a 2 year $5.37 million contract with Miami (MIA) - includes 2024-25 Player OptionJosh Richardson
Signed a 2 year $5.94 million contract with Miami (MIA) - includes 2024-25 Player OptionThomas Bryant
Signed a 2 year $5.37 million contract with Miami (MIA)Jaime Jaquez Jr.
Signed a 4 year $17.0 million rookie scale contract with Miami (MIA)Orlando Robinson
Signed a 2 year $3.92 million contract with Miami (MIA)Orlando Robinson
Signed a 2 year $3.92 million contract with Miami (MIA). This contract is partially guaranteed for 2023-24 and non-guaranteed for 2024-25.Jamaree Bouyea
Signed a Two-Way contract with Miami (MIA)Omer Yurtseven
Miami (MIA) declined to offer Qualifying Offer; becomes an Unrestricted Free AgentVictor Oladipo
Exercised $9.45 million Player Option with Miami (MIA) for 2023-24Orlando Robinson
Miami (MIA) extended $1.8 million Qualifying Offer; becomes a Restricted Free AgentJamal Cain
Miami (MIA) extended $1.8 million Qualifying Offer; becomes a Restricted Free AgentJaime Jaquez Jr.
Drafted by Miami (MIA): Round 1 (#18 overall)Kevin Love
Signed a 1 year $3.11 million Rest-of-Season contract with Miami (MIA). Salary was adjusted from $28,942,830 to $27,442,830, saving $1.5 million in dead cap.Kevin Love
Signed a 1 year $3.11 million Rest-of-Season contract with Miami (MIA). Miami used their remaining salary of $3,114,138 from the Bi-Annual Exception.Kevin Love
Signed a Rest-of-Season contract with Miami (MIA). Salary was adjusted from $28,942,830 to $27,442,830, saving $1.5 million in dead cap.Cody Zeller
Signed a Rest-of-Season contract with Miami (MIA)Jamaree Bouyea
Signed a 10-day contract with Miami (MIA)Incoming Draft Picks
| Year | Round | From |
|---|---|---|
2024 | 1 | Own |
2026 | 1 | Own |
2026 | 2 | LAL |
2028 | 1 | Own |
2029 | 1 | Own |
2030 | 1 | Own |
Outgoing Draft Picks
| Year | Round | To |
|---|---|---|
2024 | 2 | ATL or NYK |
2025 | 1 | OKC |
2025 | 2 | IND or BKN |
2026 | 2 | BOS, MEM, SAS or MIN |
2027 | 1 | CHA |
2027 | 2 | OKC or SAS |
2028 | 2 | DAL |
2029 | 2 | OKC |
2030 | 2 | OKC |