Heat Pull off Crucial Trade on Friday

Heat Pull off Crucial Trade on Friday originally appeared on Athlon Sports.

The Miami Heat have been relatively quiet so far this offseason. President Pat Riley has yet to make a big splash in the free agent market, but he and the Heat did acquire guard Norman Powell from the Los Angeles Clippers last month. Much of Miami's reluctance to sign a big-time free agent has been due to its battle with the NBA luxury tax.

On Friday, though, the Heat solved this issue. Miami traded forward Haywood Highsmith and a 2032 second-round pick to the Brooklyn Nets for a protected 2026 second-round selection, according to ESPN's Shams Charania.

This move, while it may seem unwarranted to Heat fans, made sense to Miami's front office.

Before trading Highsmith, the Heat were about $1.6 million over the luxury tax. They are now roughly $4 million under the threshold after shedding Highsmith's $5.6 million salary. This trade also put the Heat $9.5 million below the first apron hard cap and creates a $5.6 million trade exception, per ESPN's Bobby Marks.

As the Heat didn't get a player in return for Highsmith, they are down to 13 rostered players on standard contracts, 11 of which are guaranteed. This gives Miami some wiggle room on its roster, as the Heat are two below the NBA regular-season maximum of 15 players on standard contracts.

Highsmith, who stands at 6-foot-5, spent the past four seasons under Erik Spoelstra with the Heat. He had his best year in the NBA during the 2024-25 season, during which he played 74 games, averaging 6.5 points, 3.4 rebounds and over one assist per game.

Riley, Spoelstra and the Heat will look to fill the hole left by Highsmith with a required 14th rostered player by the start of next season, as they look to bounce back from a lackluster 37-45 record last year.

Related: Miami Heat’s Recent Acquisitions Shine in Respective FIBA International Matchups

This story was originally reported by Athlon Sports on Aug 15, 2025, where it first appeared.