Room Mid-Level Exception (as of 02/15/18) – $3,423,277 (reducing $24,452 per day)
Traded Player Exception (Okaro White; expires 02/08/19) – $1,312,611
Draft Rights Held:
Roberto Duenas (58th pick, 1997)
George Banks (46th pick, 1995)
Draft Picks Available for Trade:
First Round Picks: 2023 or 2024
Second Round Picks: 2022 and 2024 (31-55 only)
Cash Paid ($5.1 million max): $0 remaining (paid $5.1M to Mavericks in Josh McRoberts trade)
Cash Received ($5.1 million max):
07/01/17 – Udonis Haslem, James Johnson, Dion Waiters, Willie Reed and Luke Babbitt became free agents.
07/01/17 – Heat signed Bam Adebayo to a four-year, $14.0 million rookie-scale contract (14th pick).
07/07/17 – Heat renounced their free agent exception rights to Luke Babbitt, Willie Reed and Udonis Haslem.
07/07/17 – Heat traded Josh McRoberts, $5.1 million in cash and its 2023 second-round pick to the Mavericks in exchange for AJ Hammond.
07/07/17 – Heat signed Dion Waiters to a 4-year, $52.0 million contract (which includes $4.7 million in unlikely bonuses).
07/07/17 – Heat signed Kelly Olynyk to a 4-year, $51.2 million contract (which includes $5.6 million in unlikely bonuses and a player option).
07/07/17 – Heat signed James Johnson to a 4-year, $60.0 million contract (which includes $946K in likely bonuses and a player option).
07/20/17 – Heat signed Udonis Haslem to a 1-year, $2.3 million minimum salary contract.
07/24/17 – Heat signed Derrick Walton, Jr. to a Two-Way contract.
07/24/17 – Heat signed Matt Williams to a one-year, $816K non-guaranteed minimum-salary contract with Exhibits 9 and 10 (which gives Heat the right to convert it to a Two-Way contract).
08/20/17 – Heat signed Jordan Mickey to a two-year, $3.1 million fully-guaranteed minimum-salary contract, with a team option on the second season.
09/05/17 – Heat signed Larry Drew II to a one-year, $1.312,611 non-guaranteed minimum-salary contract with Exhibits 9 and 10.
09/18/17 – Heat signed Erik McCree to a one-year $815,615 non-guaranteed minimum-salary contract with Exhibits 9 and 10.
09/18/17 – Heat signed Josh Richardson to a four-year, $42.0 million extension (with a player option on the final season) beginning with the 2018-19 season.
09/19/17 – Heat exercised its $4.5 million team option on Justise Winslow for the 2018-19 season (which will count as $3.4 million against the salary cap).
10/10/17 – Heat signed DeAndre Liggins to a one-year, $1.6 million non-guaranteed minimum-salary contract.
10/12/17 – Heat waived Larry Drew II.
10/12/17 – Heat signed Tony Mitchell to a one-year $1.3 million non-guaranteed minimum-salary contract.
10/14/17 – Heat waived Tony Mitchell, Erik McCree and DeAndre Liggins.
10/15/17 – Heat converted the contract of Matt Williams to a Two-Way contract.
12/31/17 – Heat ended the Two-Way contract of Matt Williams.
12/31/17 – Heat signed Derrick Jones to a Two-Way contract.
02/01/18 – Heat were granted a $5.5 million disabled player exception for Dion Waiters (expired 03/12/18).
02/08/18 – Heat traded Okaro White to the Atlanta Hawks in exchange for Luke Babbitt.
02/08/18 – Heat waived AJ Hammons (and stretched his 2018-19 salary).
02/08/18 – Heat acquired Dwyane Wade from the Cleveland Cavaliers in exchange for a top-55 protected 2024 second-round draft pick.
06/11/18 – Heat tendered a qualifying offer to make Derrick Jones Jr. a restricted free agent.
06/27/18 – Heat tendered a qualifying offer to make Derrick Walton, Jr. a restricted free agent.