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Salary Cap Snapshot: Miami Heat

With the free agent signing period winding down and teams looking ahead to the preseason, we at Hoops Rumors will be tracking the Salary Cap figures for each team around the league.  These posts will be maintained throughout the season once financial data is reported. They will be located on the sidebar throughout the year, once all the teams’ cap figures have been relayed. You can always check RosterResource.com for up-to-date rosters for each franchise, with the Heat’s team page accessible here.

Here’s a breakdown of where the Heat currently stand financially:


Guaranteed Salary

Total Guaranteed Salary= $101,370,032


Non-Guaranteed Salary

Total Non-Guaranteed Salary= $143,471


Cash Sent Out Via Trade: $400K sent to Pelicans in Luke Babbitt trade [Amount Remaining $3.1MM]

Cash Received Via Trade: $0 [Amount Remaining $3.5MM]


Payroll Exceptions Available


Total Projected Payroll: $101,513,503

Salary Cap: $94,143,000

Estimated Available Cap Space: $7,370,503

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $11,773,497

Last Updated: 10/27/16

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

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