Contract Details

The Miami Heat have re-signed forward Haywood Highsmith to a two-year, $11 million contract. The deal includes a guaranteed amount of $9 million and can reach up to $11 million with incentives.

Salary Breakdown

In the first year of the contract, Highsmith will earn a base salary of $4 million, with a cap hit of $4 million and a dead cap value of $4 million. In the second year, his base salary will increase to $5 million, with a cap hit of $5 million and a dead cap value of $5 million. This information is based on the 2021-2022 NBA salary cap of $112,414,000.

Analysis

The contract represents a significant raise for Highsmith, who earned $1,445,697 in the 2020-2021 season. The deal also shows the Heat’s commitment to developing young talent, as Highsmith has shown potential as a versatile defender and hustle player. The contract’s structure allows the Heat to maintain financial flexibility while rewarding a promising player.