We’ve summarized what Miami Heat fans can expect from their squad in terms of salary cap space this offseason. Below you’ll find lists of the players expected back on the roster, the team’s potential free agents and a number of insights about questions the franchise will face before the 2021 campaign.
In addition to a summary for each of the 30 teams (accessible in the link grid below), we’ve also tiered the top NBA free agents league-wide and published a general comparison of all teams’ cap space. Follow @SLAMnewswire on Twitter for constant offseason updates as we head into free agency.
Projected Roster Players
| Bam Adebayo | $5,115,492 | Guaranteed |
| Jimmy Butler | $34,379,100 | Guaranteed |
| Tyler Herro | $3,822,240 | Guaranteed |
| Andre Iguodala | $15,000,000 | Guaranteed |
| Kendrick Nunn | $1,663,861 | Non-Guaranteed |
| KZ Okpala | $1,517,981 | Guaranteed |
| Kelly Olynyk | $12,598,243 | UFA, PO |
| Duncan Robinson | $1,663,861 | Non-Guaranteed |
| Chris Silva | $1,517,981 | Guaranteed |
Projected Free Agents
| None | $0 | N/A |
Projected Dead Money
| Ryan Anderson | $5,214,583 |
| A.J. Hammons | $350,087 |
Projected Renouncements/Waivers
| Kyle Alexander | UFA – No Qualifying Offer, Renounced |
| Luke Babbitt | UFA – Renounced |
| Jae Crowder | UFA – Renounced |
| Goran Dragic | UFA – Renounced |
| Udonis Haslem | UFA – Renounced |
| Solomon Hill | UFA – Renounced |
| Derrick Jones Jr. | UFA – Renounced |
| Meyers Leonard | UFA – Renounced |
| Jordan Mickey | UFA – Renounced |
| Gabe Vincent | UFA – No, Qualifying Offer, Renounced |
| Dwyane Wade | UFA – Renounced |
2020 NBA Draft Picks
| 2020 Pick #20 | $2,582,160 |
Exceptions Available
- Room Exception – $4,767,000
Key Offseason Decisions
- Will the Heat stay over the cap or go under? Miami projects to get to about $22M in cap space this summer if they choose to that route. The other option is to stay over the cap and retain most of their own free agents.
- How much does planning for the 2021 offseason factor into the 2020 offseason? Miami is positioned to go big game hunting in 2021. The market will be filled with superstars and stars. Expect the Heat to be conservative this offseason, in order to retain flexibility for next year.
Projected Team Salary
$85,425,589
Expect the Heat to initially stay over the cap, but to dip under if an unexpected player or deal comes their way. Either way, look for Miami to re-sign Goran Dragic, and possibly Jae Crowder, to bigger than expected contracts, but for only one year. That way, the Heat can overpay both players as a form upfront payment now, for more team-friendly deals down the line. That will allow Miami to have them next year, while maintaining flexibility moving forward. (@KeithSmithNBA)
Cap Space Forecast
$21,917,791 (4th out of 30)
