Tyler Herro currently has a team option for the Heat this season. The Heat may decide to decline their option which would make him an unrestricted free agent. You may accept or decline this option, by default it will be accepted. You may also update his contract to perform actions such as a Sign & Trade.

Nikola Jovic is currently listed as a cap hold for the Heat this season. Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc. Cap holds will have no trade value. You may update his contract in order to provide trade value for a Sign & Trade.