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Eastern Conference · Southeast Division

Miami Heat

Miami · Kaseya Center · Founded in 1988 · 3 titles (latest in 2013)

Challenger Knocking on the door
  • 46.5projected wins
  • 29.6years, core age
  • 3years of window
  • 209.1 Mpayroll, over the first apron
  • +2.2net rating in 2025-26 (13th)
What would you do with the Miami Heat? Propose a trade, an extension or the team's direction, and test it in its Trade Machine. Have your say →

The franchise

Front office and bench

Ownership
Micky Arison
President
Pat Riley since 1995
General Manager
Andy Elisburg since 2013

Head coach

Erik Spoelstra since 2008

Two-time champion (2012 and 2013) and the longest-tenured coach with one team in the NBA, known for his tactical adaptability.

Assistants

  • Chris QuinnLead assistant coach
  • Malik AllenAssistant coach
  • Caron ButlerAssistant coach
  • Wayne EllingtonAssistant coach
  • Vin BakerAssistant coach (joined in August 2026 from Milwaukee)
  • Eric GlassAssistant coach
  • Octavio De La GranaPlayer development

The direction

What the franchise says and what its moves show

Miami is back in championship mode with an Antetokounmpo-Adebayo frontcourt that aims to be among the best in the league. The price was nearly all of its young core and several first-round picks, and the team is hard-capped at the first luxury tax apron, so the front office is targeting improvements around its two stars next summer. Spoelstra wants Giannis back in the race for best player in the league.

Building around

Giannis Antetokounmpo Bam Adebayo

What they have said

  • He senses great alignment across the organization about the opportunity and wants Giannis to cement himself in the conversation for best player in the league.

    Head coach Erik Spoelstra · Heat Media Day (Last Word on Sports / Sports Illustrated) · September 2026
  • With Giannis, the goal is no longer just making the playoffs but winning a ring.

    Bam Adebayo, player · Yahoo Sports · September 2026

What the data points to

  • Deadline buyer Very likely
    • Projects to 46.5 wins: built to compete now.
    • Has 12.4 M in expiring contracts to match salaries.
  • Clean up the books Likely
    • Spends 209.1 M and is over the first apron.
    • Bam Adebayo is paid more than he produces.
    • It is 8.7 M over the tax, and every extra million costs another one and a half or more in penalties.
    • Expiring contracts appeal to it: swapping long money for salary that runs out frees up room for the summer.

Moves

Summer 2026

  • Trade of the summer: Giannis Antetokounmpo and Bobby Portis arrive from Milwaukee (July 6).
  • Going out: Tyler Herro, Jaime Jaquez Jr., Kel'el Ware, Kasparas Jakučionis, the rights to Nate Ament (No. 13 pick), the 2031 and 2033 first-round picks and a 2030 first-round swap.
  • Klay Thompson signs (two years, about $11.5M).
  • Tim Hardaway Jr. (one year) and Nick Richards (one year, minimum) sign; Simone Fontecchio re-signs.
  • Andrew Wiggins extension: two years, $33.8M starting in 2027-28.
  • Draft: they swap No. 41 (Otega Oweh) for No. 37 (Ryan Conwell).
  • Norman Powell leaves for Chicago; Rob Fodor leaves the coaching staff for Dallas.

Latest

  • Oct 17 Waived Waived Fs Ezra Ausar and Gabe Madsen. Waived G Bez Mbeng and C Kylor Kelley.
  • Sep 22 Extension Claimed G Bez Mbeng off waivers. Signed G Pelle Larsson to a veteran contract extension.
  • Sep 19 Extension Heat, Pelle Larsson agree to 4-year, $60M extension

The roster

14 NBA contracts · 2026-27 salaries

PlayerAgeSalaryThrough
Starters
Davion Mitchell G Expiring 28 12.4 M 2026-27
Klay Thompson G 36 5.6 M 2027-28
Andrew Wiggins F 31 30.2 M 2028-29
Giannis Antetokounmpo F 31 58.5 M 2027-28
Bam Adebayo C 29 49.8 M 2028-29
Rotation
Tim Hardaway Jr. G Expiring 34 6.5 M 2026-27
Pelle Larsson G 25 2.3 M 2030-31
Bobby Portis F 31 14.5 M 2027-28
Dru Smith G 28 2.6 M 2027-28
Nick Richards C 28 2.4 M 2026-27

The analysis, with data

Strengths and weaknesses

Strengths

  • Ball security 5th · 12.7 turnovers per 100 possessions
  • Defensive rebounding 8th · 74.9 % of opponent misses rebounded

Weaknesses

Nothing among the league's bottom eight.

Today's roster, facet by facet (league rank)

  • Defense 17th
  • Rim protection 18th
  • Three-point shooting 12th
  • Playmaking 10th
  • Scoring 14th
  • Rebounding 18th
  • Offensive impact 19th
How it played as a team in 2025-26
Offensive ratingpoints per 100 possessions 117.4 13th
Defensive ratingpoints allowed per 100 possessions 115.3 13th
Net ratingper 100 possessions +2.2 13th
Pacepossessions per game 102.7 1st
Three-point volumeof its shots are threes 40.6 % 18th
Three-point accuracyfrom three 36.1 % 11th
Offensive reboundingof its misses rebounded 25.4 % 17th
Defensive reboundingof opponent misses rebounded 74.9 % 8th
Ball securityturnovers per 100 possessions 12.7 5th
Ball movementof its baskets are assisted 66.3 % 10th

Roster holes

No clear hole: no position or facet in the bottom third of the league.

Contracts and extensions

Expiring this season

  • Davion Mitchell 27 years old · paid 12.4 M Salary coming off the books
  • Tim Hardaway Jr. 33 years old · paid 6.5 M Salary coming off the books

With an option next summer

  • Giannis Antetokounmpo58.5 M · can leave early

Bargains (produce far above their salary, for several years)

None.

Pricey but short (paid more than they produce, but ending soon)

None.

Money and picks

Payroll 209.1 M Cap 165.0 M Tax 200.4 M 1st apron 209.0 M 2nd apron 221.7 M

Payroll
209.1 M · over the first apron
Distance to each line
tax: 8.7 M over · 1st apron: 0.1 M over · 2nd apron: 12.6 M below
Next summer
198.0 M committed · no cap space
First-rounders it can trade
None

Radar and possible trades

Players who fit and that it can afford

  • Jordan Goodwin PHX5.9 M · signed through 2028-29, produces above his salary
  • Jordan Miller LAC5.3 M · signed through 2028-29, produces above his salary
  • Toumani Camara POR18.1 M · signed through 2029-30, produces above his salary

A trade that works under the CBA

LAC gets

  • Nick Richards
  • Simone Fontecchio
  • Myron Gardner

MIA gets

  • Jordan Miller
Try it in the Trade Machine ↓

Trade pieces

Assets
Dru Smith (worth 9.0 M more than his salary), Simone Fontecchio (worth 6.8 M more than his salary), Tim Hardaway Jr. (worth 5.5 M more than his salary), Davion Mitchell (worth 4.9 M more than his salary)
Contracts that weigh
Bam Adebayo (overpaid by 11.0 M)
To match salaries
Davion Mitchell (12.4 M)

Your turn

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