2018 NBA Offseason Salary Cap Digest: Miami Heat

After having been unable to lure a star free agent to Miami since LeBron James‘ exit, the Heat decided to invest in good – but not great – players during 2017 free agency. That means lucrative new deals for James Johnson, Kelly Olynyk, and Dion Waiters. With Tyler Johnson and Josh Richardson also set to get big raises in 2018/19, the Heat don’t project to have cap room this summer and don’t have their first-round pick, so any major roster changes will have to come in trades.

Here’s where things currently stand for the Heat financially, as we continue our Offseason Salary Cap Digest series for 2018:

Guaranteed Salary

Player Options

  • None

Team Options

  • None

Non-Guaranteed Salary

Restricted Free Agents

  • Jordan Mickey ($1,839,228 qualifying offer / $1,839,228 cap hold)
  • Total: $1,839,228

Unrestricted Free Agents / Other Cap Holds

Projected Salary Cap: $101,000,000

Projected Cap Room: None

  • Even without re-signing Ellington, Wade, or any other free agents, the Heat project to be way over the cap. Their nine guaranteed salaries, McGruder’s non-guaranteed salary, and cap charges for two roster spots add up to a total team salary of $119,457,662. The Heat are likely headed for tax territory unless they can cut costs in a trade or two.

Footnotes:

  1. McGruder’s salary becomes fully guaranteed after June 30.

Note: Rookie scale cap holds are estimates based on salary cap projections and could increase or decrease depending on where the cap lands.

Salary information from Basketball Insiders was used in the creation of this post. Photo courtesy of USA Today Sports Images.

newest oldest

4 thoughts on “2018 NBA Offseason Salary Cap Digest: Miami Heat

  1. tealmarlin

    Whiteside and TJ must go, We need a legitimate backup PG, definitely a true PF, a good SF would be great. I wish we could get Jabari Parker in Miami

    0
    0
  2. acarneglia

    Sign and trade with the Bucks maybe? Milwaukee extends/signs Parker and sends him to Miami for Whiteside

    0
    0
  3. hiflew

    The problem with trading is that you have to have people that want what you are offering. For the price, there are far better options that will likely be on the trade market than anything Miami has to offer. So unless it becomes a seller’s market (highly unlikely), I think Miami is just going to be stuck with this pretty much the same roster next year.

    1
    0
  4. x%sure

    Miami hs at least 2 of everything. They need a star, it does not matter what position.

    0
    0

Leave a Reply