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2015/16 Salary Cap Update: Miami Heat

The NBA’s salary cap for 2015/16 is set at $70MM, which is good for an 11% increase from last season, and the luxury tax line is fixed at $84.74MM. With the February 18th cutoff date for trades and the de facto deadline of March 1st for buyouts now past, we at Hoops Rumors are in the process of updating the salary cap commitments for each NBA franchise for the 2015/16 campaign. Here’s the cap breakdown for the Miami Heat, whose regular season roster can be viewed here:

  • 2015/16 Salary Cap= $70,000,000
  • 2015/16 Luxury Tax Line= $84,740,000
  • Fully Guaranteed Salary Commitments= $84,596,138*
  • Remaining Cap Room= $14,596,138
  • Amount Below Luxury Tax Line= $46,106**

*Note: This amount includes the $2,080,465 due Beno Udrih, who was waived by the team.

**Note: The Heat’s tax amount was reduced by $4,461 due to Hassan Whiteside‘s one-game suspension.

Cap Exceptions Available:

  • Taxpayer Mid-Level Exception= $2,850,907
  • Trade Exception= $1,706,250  (Zoran Dragic. Expires July 27th, 2016)
  • Trade Exception= $1,294,440 (Shabazz Napier. Expires July 27th, 2016)
  • Trade Exception= $2,129,535  (Mario Chalmers. Expires November 10th, 2016)
  • Trade Exception= $2,145,060 (Chris Andersen. Expires February 16th, 2017)
  • Trade Exception= $2,854,940 (Brian Roberts. Expires February 18th, 2017)
  • Trade Exception= $845,059 (Jarnell Stokes. Expires February 18th, 2017)

Cash Available to Send Out In Trades= $0

Cash Available to Receive Via Trade= $3,325,000

Note: Despite the trade deadline having passed, the NBA season technically doesn’t end until June 30th. Teams are able to again make trades upon the completion of the regular season or when/if they are eliminated from the playoffs, whichever comes later. So these cash limits still apply.

The Basketball Insiders salary pages were used in the creation of this post.

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