Miami Heat 2026-27 Salary Cap Sheet

Updated · 2026–27 season

Miami Heat
2026–27 Salary Cap Sheet
Payroll
$206.2M
Cap Space
-$41.2M
Tax Room
-$6.0M
1st Apron Room
+$2.6M
2nd Apron Room
+$15.2M
Tax Variance
+$0.3M
Est. Tax Bill
$6.0M
Hard Cap
1st Apron
Tax Payer

Cap Position

Payroll$206.2M
Salary Cap$165.0M
Luxury Tax$200.4M
1st Apron$209.0M
2nd Apron$221.7M
KEYTeam OptionPlayer OptionMutual OptionEstimated SalaryNon-Guaranteed
Active Roster14/15 + 3/3
PosPlayerAge2026-272027-282028-292029-302030-31Notes
PFGiannis Antetokounmpo31$58.46M$62.79MUFA / $66.9M
CBam Adebayo29$49.49M$53.45M$57.41MUFA / $66.8M
SFAndrew Wiggins31$30.17M$17.00M$17.00MUFA / $32.3M
PFNikola Jovic23$16.20M$14.90M$15.10M$16.20MUFA / $24.3M
PFBobby Portis31$14.52M$15.60MUFA / $23.4M
PGDavion Mitchell28$12.40MUFA / $23.6M
SGTim Hardaway Jr.34$6.07MUFA / $7.3M
SGKlay Thompson36$5.60M$5.88MTrade Kicker: 15%
SGDru Smith28$2.58M$2.93MUFA / $2.7M
SFSimone Fontecchio30$2.45MUFA / $2.6M
CNick Richards28$2.45MUFA / $2.6M
SGPelle Larson25$2.30MRFA / $3.1M
GMyron Gardner25$2.15M$2.53MUFA / $3.4M
SGRyan Conwell22$1.36M$2.29M$2.69MRFA / $3.3M
PGTre Donaldson22Two-WayYear 1
CVladislav Goldin25Two-WayYear 1
PFKeshad Johnson25Two-WayYear 1
Total$206.19M
Cap Holds
PosPlayerAge2026-272027-282028-292029-302030-31Notes
PFKeshad Johnson25$2.74M
SGDwyane Wade44$2.45M$2.61M$2.79M$2.97M$3.17M
PFJordan Mickey32$2.45M$2.61M$2.79M$2.97M$3.17M
PFUdonis Haslem46$2.45M$2.61M$2.79M$2.97M$3.17M
SGAlec Burks35$2.45M$2.61M$2.79M$2.97M$3.17M
SGTrevor Keels23$2.19M
SGJosh Christopher24$2.19M$2.33M$2.49M$2.65M$2.83M
Total$16.91M
Summary
CAP2026-272027-282028-292029-302030-31
Salary Cap$164,961,000$176,000,000$187,778,000$200,344,000$213,751,000
Active Salary$206,189,256$177,370,133$92,196,791$16,200,000
Dead Money
Luxury Tax Total$206,449,429$177,370,133$92,196,791$16,200,000
Luxury Tax Room-$6,021,429$36,469,867$135,953,209$227,218,000$259,707,000
Apron Total$206,449,429$177,370,133$92,196,791$16,200,000
1st Apron Space$2,565,571$45,631,867$145,728,209$237,647,000$270,834,000
2nd Apron Space$15,236,571$59,150,867$160,152,209$253,036,000$287,253,000
Cap Holds$16,906,042$12,784,673$13,640,212$14,552,999$15,526,868
Total Cap Allocations$223,095,298$190,154,806$105,837,003$30,752,999$15,526,868
Cap Space (after holds)-$58,134,298-$14,154,806$81,940,997$169,591,001$198,224,132

The Miami Heat carry $206,189,256 in salary for 2026–27, the 10th largest payroll in the league.

That is $41.2M over the $165.0M salary cap, so the roster gets built through exceptions, re-signings and trades rather than cap space.

They are $6.0M over the $200.4M luxury-tax line, and at that payroll the tax bill projects to $6,021,429 — a combined cost of $212,210,685.

With +$2.6M of room below the first apron and +$15.2M below the second, they keep the full set of exceptions and the ordinary salary-matching rules in a trade.

They are hard-capped at the 1st Apron ($209.0M), a ceiling the payroll cannot cross for the rest of the season by any means.

This team has 14 players on standard contracts and 3 two-way deals.

Giannis Antetokounmpo is the largest cap hit on the roster at $58,456,566, 28.4% of team payroll, ahead of Bam Adebayo ($49.5M) and Andrew Wiggins ($30.2M).

They have $8,856,000 of spending power available across 2 exceptions, the largest a $5.5M Bi-Annual.

Committed salary drops to $177,370,133 for 2027-28, held by 9 players still under contract, against a projected $176,000,000 cap.