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2023-24
Player Options:
N/A
Team Options:
N/A
Non-Guaranteed Salaries:
N/A
Cap Holds:
Udonis Haslem - Unrestricted Bird
Jordan Mickey - Unrestricted Non-Bird
Dwyane Wade - Unrestricted Early Bird
Incentives:
Tyler Herro - Unlikely Incentives: $1,000,000 (>=75% GP + MVP), $500,000 (>=75% GP + DPOY), $1,000,000 (>=75% GP + All-NBA 1st/2nd), $500,000 (>=75% GP + All-NBA 3rd)
Caleb Martin - Trade Kicker: 15%
2024-25
Player Options:
Thomas Bryant (Must be Exercised by 6/29/24)
Kevin Love (Must be Exercised by 6/29/24)
Caleb Martin (Must be Exercised by 6/29/24)
Josh Richardson (Must be Exercised by 6/29/24)
Team Options:
N/A
Non-Guaranteed Salaries:
Caleb Martin - $0 Guaranteed (Fully GTD on 7/6/24) (If 2024-25 PO Exercised)
Orlando Robinson - $0 Guaranteed (Fully GTD on 7/15/24)
Cap Holds:
Thomas Bryant - Unrestricted Non-Bird (If 2024-25 PO Declined)
Jamal Cain - Restricted Early Bird (Qualifying Offer: $2,093,637)
Haywood Highsmith - Unrestricted Bird
Kevin Love - Unrestricted Early Bird (If 2024-25 PO Declined)
Caleb Martin - Unrestricted Bird (If 2024-25 PO Declined)
Patty Mills - Unrestricted Non-Bird
Josh Richardson - Unrestricted Non-Bird (If 2024-25 PO Declined)
Cole Swider - Restricted Non-Bird (Qualifying Offer: Two-way)
Alondes Williams - Restricted Non-Bird (Qualifying Offer: Two-way)
Delon Wright - Unrestricted Non-Bird
Udonis Haslem - Unrestricted Bird
Jordan Mickey - Unrestricted Non-Bird
Dwyane Wade - Unrestricted Early Bird
Incentives:
Tyler Herro - Unlikely Incentives: $1,000,000 (>=75% GP + MVP), $500,000 (>=75% GP + DPOY), $1,000,000 (>=75% GP + All-NBA 1st/2nd), $500,000 (>=75% GP + All-NBA 3rd)
Caleb Martin - Trade Kicker: 15% (If 2024-25 PO Exercised)
2025-26
Player Options:
Jimmy Butler (Must be Exercised by 6/29/25)
Duncan Robinson (Must be Exercised by 6/29/25)
Team Options:
Jaime Jaquez Jr. - 3rd Year Rookie Scale (Must be Exercised by 10/31/24)
Nikola Jovic - 4th Year Rookie Scale (Must be Exercised by 10/31/24)
Non-Guaranteed Salaries:
Duncan Robinson - $9,888,000 Guaranteed (Fully GTD on 7/8/25) (If 2025-26 PO Exercised)
Terry Rozier - $24,924,126 Guaranteed (Fully GTD if Conf. Semis in 2023-24 or 2024-25 and >70 GP or on 1/10/26)
Cap Holds:
Thomas Bryant - Unrestricted Early Bird (If 2024-25 PO Exercised)
Jimmy Butler - Unrestricted Bird (If 2025-26 PO Declined)
Jaime Jaquez Jr. - Unrestricted (If 3rd Year Rookie Scale TO Declined)
Nikola Jovic - Unrestricted (If 4th Year Rookie Scale TO Declined)
Kevin Love - Unrestricted Bird (If 2024-25 PO Exercised)
Caleb Martin - Unrestricted Bird (If 2024-25 PO Exercised)
Josh Richardson - Unrestricted Early Bird (If 2024-25 PO Exercised)
Duncan Robinson - Unrestricted Bird (If 2025-26 PO Declined)
Orlando Robinson - Restricted Bird (Qualifying Offer: $2,862,936)
Udonis Haslem - Unrestricted Bird
Jordan Mickey - Unrestricted Non-Bird
Dwyane Wade - Unrestricted Early Bird
Incentives:
Tyler Herro - Unlikely Incentives: $1,000,000 (>=75% GP + MVP), $500,000 (>=75% GP + DPOY), $1,000,000 (>=75% GP + All-NBA 1st/2nd), $500,000 (>=75% GP + All-NBA 3rd)
2026-27
Player Options:
N/A
Team Options:
Jaime Jaquez Jr. - 4th Year Rookie Scale (Must be Exercised by 10/31/25)
Non-Guaranteed Salaries:
N/A
Cap Holds:
Bam Adebayo - Unrestricted Bird
Jimmy Butler - Unrestricted Bird (If 2025-26 PO Exercised)
Jaime Jaquez Jr. - Unrestricted (If 4th Year Rookie Scale TO Declined)
Nikola Jovic - Restricted Bird (Qualifying Offer: $6,592,553) (If 4th Year Rookie Scale TO Exercised)
Duncan Robinson - Unrestricted Bird (If 2025-26 PO Exercised)
Terry Rozier - Unrestricted Bird
Udonis Haslem - Unrestricted Bird
Jordan Mickey - Unrestricted Non-Bird
Dwyane Wade - Unrestricted Early Bird
INCOMPLETE ROSTER CHARGE (2)
Incentives:
Tyler Herro - Unlikely Incentives: $1,000,000 (>=75% GP + MVP), $500,000 (>=75% GP + DPOY), $1,000,000 (>=75% GP + All-NBA 1st/2nd), $500,000 (>=75% GP + All-NBA 3rd)
2027-28
Player Options:
N/A
Team Options:
N/A
Non-Guaranteed Salaries:
N/A
Cap Holds:
Tyler Herro - Unrestricted Bird
Jaime Jaquez Jr. - Restricted Bird (Qualifying Offer: $9,021,420) (If 4th Year Rookie Scale TO Exercised)
Udonis Haslem - Unrestricted Bird
Jordan Mickey - Unrestricted Non-Bird
Dwyane Wade - Unrestricted Early Bird
INCOMPLETE ROSTER CHARGE (7)
Incentives:
N/A
2028-29
Player Options:
N/A
Team Options:
N/A
Non-Guaranteed Salaries:
N/A
Cap Holds:
Udonis Haslem - Unrestricted Bird
Jordan Mickey - Unrestricted Non-Bird
Dwyane Wade - Unrestricted Early Bird
INCOMPLETE ROSTER CHARGE (9)
Incentives:
N/A
2023-24
Mid-Level/Room Exception: $5,000,000 (Taxpayer MLE)
Bi-Annual Exception: $0 (No BAE as Taxpayer and Used in 2022-23)
Trade Exceptions:
Victor Oladipo to OKC (Expires 7/6/24)
Max Strus to CLE (Expires 7/6/24)
Kyle Lowry to CHA (Expires 1/23/25)
2024-25: Access to Taxpayer MLE, No BAE as Taxpayer
2025-26: Access to Non-Tax MLE and BAE
2026-27: Access to Non-Tax MLE and BAE
2027-28: Access to Room Exception, No BAE as Under-the-Cap
2028-29: Access to Room Exception, No BAE as Under-the-Cap
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