Miami Heat 2026-27 Salary Cap Sheet

Updated · 2026-27 season

Miami Heat
2026-27 Salary Cap Sheet
Payroll
$206.2M
Cap Space
Over cap by $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$5.88M———Trade Kicker: 15%
SGDru Smith28$2.58M$2.93MUFA / $2.7M——
SFSimone Fontecchio30$2.45MUFA / $2.6M———
CNick Richards28$2.45MUFA / $2.6M———
SGPelle Larson25$2.30M$13.50M$14.58M$15.66M$16.26MRFA / $3.1M
GMyron Gardner25$2.15M$2.53MUFA / $3.4M——
SGRyan Conwell22$1.36M$2.29M$2.69MRFA / $3.3M—
PGTre Donaldson22Two-Way————Year 1
CVladislav Goldin25Two-Way————Year 1
PFKeshad Johnson25Two-Way————Year 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$190,870,133$106,776,791$31,860,000$16,260,000
Dead Money
Luxury Tax Total$206,449,429$190,870,133$106,776,791$31,860,000$16,260,000
Luxury Tax Room-$6,021,429$22,969,867$121,373,209$211,558,000$243,447,000
Apron Total$206,449,429$190,870,133$106,776,791$31,860,000$16,260,000
1st Apron Space$2,565,571$32,131,867$131,148,209$221,987,000$254,574,000
2nd Apron Space$15,236,571$45,650,867$145,572,209$237,376,000$270,993,000
Cap Holds$16,906,042$12,784,673$13,640,212$14,552,999$15,526,868
Total Cap Allocations$223,095,298$203,654,806$120,417,003$46,412,999$31,786,868
Cap Space (after holds)-$58,134,298-$27,654,806$67,360,997$153,931,001$181,964,132

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 $190,870,133 for 2027-28, held by 10 players still under contract, against a projected $176,000,000 cap.