Miami Heat Cap Updates
July 1, 2025: The Heat sign and traded Duncan Robinson for Simone
| Miami Heat (12/15 + 2/3) | Salary | |
| 1 | Giannis Antetokounmpo | $ 58,456,566 |
| 2 | Bam Adebayo | $ 49,488,300 |
| 3 | Andrew Wiggins | $ 30,169,644 |
| 4 | Nikola Jovic | $ 16,200,000 |
| 5 | Bobby Portis | $ 14,521,414 |
| 6 | Davion Mitchell | $ 12,400,000 |
| 7 | Tim Hardaway Jr. | $ 6,065,000 |
| 8 | Dru Smith | $ 2,584,539 |
| 9 | Simone Fontecchio | $ 2,449,421 |
| 10 | Pelle Larsson | $ 2,296,271 |
| 11 | Myron Gardner | $ 2,150,917 |
| 12 | Ryan Conwell | $ 1,357,763 |
| 13 | ||
| 14 | ||
| 15 | ||
| Total Payroll | $ 198,139,835 | |
| Dead Money | $ - | |
| Total Salaries | $ 198,139,835 | |
| Luxury Tax | $ 200,428,000 | |
| Myron Gardner Tax Variance | $ 260,173 | |
| Total for Luxury Tax | $ 198,400,008 | |
| Luxury Tax Room | $ 2,027,992 | |
| Unlikely Bonuses | $ - | |
| Apron Total (Salaries + Unlikely Incentives) | $ 198,400,008 | |
| First Apron (Hard Capped) | $ 209,015,000 | |
| First Apron Space | $ 10,614,992 | |
| Second Apron | $ 221,686,000 | |
| Second Apron Space | $ 23,285,992 | |
| Alec Burks | $ 2,449,421 | |
| Udonis Haslem | $ 2,449,421 | |
| Keshad Johnson | $ 2,449,421 | |
| Jordan Mickey | $ 2,449,421 | |
| Dwyane Wade | $ 2,449,421 | |
| Jahmir Young | $ 2,449,421 | |
| Josh Christopher | $ 2,185,116 | |
| Trevor Keels | $ 2,185,116 | |
| Cap Holds | $ 19,066,758 | |
| Total Salaries + Cap Holds | $ 217,206,593 | |
| Salary Cap | $ 164,961,000 | |
| Cap Space | $ (52,245,593) | |
| Cap Space (Cap Holds Renounced) | $ (33,178,835) | |
| Cap Space (Maximized) | $ (31,947,173) | |
| Two-Way | Tre Donaldson | Year 1 |
| Vlad Goldin | Year 1 | |
| Expiration | Exceptions | Value |
| 4/11/27 | Non-taxpayer Mid-Level | $ 8,979,000 |
| 4/11/27 | Bi-Annual | $ 5,477,000 |
| 8/15/26 | TPE (Haywood Highsmith) | $ 5,616,000 |
| 7/7/26 | TPE (Duncan Robinson) | $ 2,313,278 |
| Player | Waivable Salary | Protection |
| Larsson | $2,296,271 | $ - |
| Gardner | $2,150,917 | $ 500,000 |
| Year | First-Round Picks | Trade-eligibility |
| 2027 | Own (top-14 protected through 2028) | No |
| 2028 | Own | No |
| 2029 | Own | Yes, conditionally |
| 2030 | Lesser of Own/MIL | No |
| 2031 | ||
| 2032 | Own | No |
| 2033 | ||
| 5 firsts over next 7 drafts | Up to 1 | |
| Year | Second-Round Picks | Trade-eligibility |
| 2027 | Lesser of Own/OKC/SAS/HOU/IND | Yes |
| 2028 | ||
| 2029 | ||
| 2030 | ||
| 2031 | ||
| 2032 | ||
| 2033 | ||
| 1 over next 7 drafts | Up to 1 | |
July 1, 2025: The Heat sign and traded Duncan Robinson for Simone