Miami Heat Players Salary: Who’s Making the Most After Jimmy Butler’s Exit?

Miami operates with approximately $186 million in payroll after trading Jimmy Butler. Bam Adebayo now leads the roster at $37.1 million annually as the Heat transition into a new era following their franchise star’s departure to Phoenix.

Tyler Herro ($31M), Andrew Wiggins ($28.2M), and Terry Rozier ($26.6M) complete the core. Norman Powell ($20.5M) and Davion Mitchell ($11.6M) provide veteran depth as Miami rebuilds their identity around Adebayo’s two-way excellence.

Find out more about the Miami Heat players biography and net worth by clicking on their name.

Miami Heat Top 10 Highest-Paid Players

Adebayo earns $37.1 million through his five-year, $195.6 million extension signed in October 2022. His elite defense and improving offensive game now anchor Miami’s rebuild as the undisputed franchise centerpiece following Butler’s trade.

Herro makes $31 million through his four-year, $130 million extension providing instant offense. His Sixth Man of the Year credentials position him as primary scoring option. Wiggins collected $28.2 million after arriving via trade offering wing versatility.

Rozier earned $26.6 million following his trade from Charlotte providing playmaking. Powell makes $20.5 million through his four-year deal offering consistent bench scoring. Mitchell collected $11.6 million providing defensive guard depth.

Bam Adebayo’s Net Worth and Career Earnings

Adebayo accumulated $128 million building a $78 million net worth entirely in Miami. His Nike endorsement adds supplemental income. Adebayo’s journey from 14th pick to max player created developmental success story validating Heat’s culture.

Herro earned $82 million creating a $50 million fortune as 2019 13th pick exceeding draft expectations. Wiggins collected $178 million building a $112 million net worth across Minnesota and Golden State before Miami trade.

Rozier earned $125 million building a $78 million net worth across Boston, Charlotte, and Miami. Powell accumulated $78 million creating a $48 million fortune. Fontecchio collected $18 million building an $11 million net worth.

Miami Heat Salary Breakdown by Position

Guards consumed $90 million—48% of total payroll. Herro ($31M), Rozier ($26.6M), Powell ($20.5M), and Mitchell ($11.6M) lead backcourt spending. Miami prioritizes perimeter shot creation through guard-heavy investment reflecting modern NBA.

Forwards cost $48 million with Wiggins ($28.2M), Fontecchio ($8.3M), Jovic ($4.4M), and Jaquez ($3.9M). Centers totaled $42 million with Adebayo ($37.1M) and Ware ($4.4M) creating elite rim protection foundation.

Tyler Herro’s Extension Makes Him Primary Scorer

Herro earns $31 million through his four-year, $130 million extension signed in October 2022. His instant offense—averaging 24 points with elite shooting—now makes him Miami’s primary scoring option following Butler’s departure.

His Sixth Man of the Year award validated scoring punch. Herro’s improved playmaking expanded offensive role creating point-forward capabilities. Extension locked him through 2027 providing offensive firepower as Heat transition into post-Butler era.

Jaime Jaquez Jr. makes $3.9 million as 2023 first-round pick showing two-way versatility. Nikola Jovic earned $4.4 million developing into floor-spacing forward. Miami’s development culture maximizes value from rookie-scale contracts.

Andrew Wiggins Provides Wing Depth After Trade

Wiggins earns $28.2 million after arriving via trade. His inconsistent production creates value questions but athletic ability and championship experience with Golden State provide upside. Miami hopes culture transforms Wiggins’ effort level.

Terry Rozier makes $26.6 million after midseason trade from Charlotte. His scoring and playmaking provide veteran ball-handling Miami needs without Butler. Rozier’s championship experience with Boston adds playoff wisdom.

Norman Powell collected $20.5 million providing reliable bench scoring. His four-year commitment justifies investment as consistent rotation piece. Davion Mitchell earned $11.6M offering defensive guard depth.

Young Core Provides Future Foundation

Kel’el Ware earns $4.4 million as 2024 15th pick providing rim protection potential. His 7-footer presence creates defensive versatility alongside Adebayo. Rookie-scale contract runs through 2029 with team options.

Nikola Jovic makes $4.4 million showing promising floor spacing as 2022 first-round pick. His Serbian nationality and shooting touch create international success story. Jaime Jaquez Jr. collected $3.9 million emerging as versatile two-way wing.

Kasparas Jakučionis earned $3.7 million as 2025 draft pick representing latest international investment. Miami’s scouting reputation identifies global talent maximizing rookie-scale value through development culture.

FAQs

Who is Miami Heat’s highest-paid player now?

Bam Adebayo earns $37.1 million through his five-year, $195.6 million extension becoming Miami’s highest-paid player after Jimmy Butler’s trade to Phoenix.

What is Tyler Herro’s contract worth?

Herro earns $31 million through his four-year, $130 million extension signed in October 2022 providing instant offense as primary scoring option.

How much do Heat spend on guards?

Miami allocated $90 million to guards representing 48% of total payroll led by Herro’s $31 million with Rozier, Powell, and Mitchell creating backcourt depth.

Does Andrew Wiggins fit Miami’s culture?

Wiggins earns $28.2 million after trade with Heat hoping their development culture transforms his inconsistent effort into championship-level production like his Golden State years.