2026-27, live from the books

Miami Heat cap questions

Do the Miami Heat have cap space in 2026-27?No. The Heat are $46.7M over the $165.0M salary cap for 2026-27 on payroll, before free-agent holds.
Are the Miami Heat in the luxury tax in 2026-27?Yes. The Heat owe an estimated $12.5M luxury-tax bill for 2026-27, sitting $11.2M into the tax.
Are the Miami Heat over the apron in 2026-27?Yes. The Heat are $2.6M over the first apron for 2026-27, with $10.1M of room before the second.
Do the Miami Heat have the mid-level exception in 2026-27?Only the small one. Over the first apron, the Heat are limited to the taxpayer mid-level: $6.1M for 2026-27.
Can the Miami Heat sign a max free agent in 2026-27?Not through free agency. The Heat have no cap space for 2026-27, and outside free agents can only sign for the max using cap space.
Who are the Miami Heat free agents in 2026-27?The Heat have 4 free agents carrying cap holds for 2026-27, led by Trevor Keels, Vladislav Goldin, Tre Donaldson.
What draft picks do the Miami Heat have?The Heat control 4 first-round and 1 second-round picks through the 2033 draft, with 2 tied up in swap rights.