League: NBA Sport: Basketball Country: United States Category: Trades

Heat weigh options for Haywood Highsmith trade exception ahead of expiration

Yahoo Sports • 1 min read • Latest: Aug 8, 2026, 10:05 AM

Last updated Aug 8, 2026

Heat weigh options for Haywood Highsmith trade exception ahead of expiration

Summary

The Miami Heat are considering how to utilize their $5.6 million trade exception from the Haywood Highsmith deal with the Nets, which expires on August 17. The Heat also have nearly $9 million left from their mid-level exception. Currently, they must add at least two more players to their roster, as they sit at 12 players under standard contract. Discussions have arisen about potential trades involving various players, including Klay Thompson and Nikola Jovic, but there are complications regarding the utilization of the team's exception funds.

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Market Watch

•Heat hold $5.6 million trade exception from Haywood Highsmith trade
•Exception expires on August 17
•Team is hard-capped, limiting spending options
•Must add at least two players to meet roster requirements
•Potential trades discussed involving Klay Thompson and Nikola Jovic

Latest Updates

10:05 AMYahoo Sports — ASK IRA: Will Heat make anything out of their Haywood Highsmith trade exception?

What they're saying

"
Q: Ira, I remember we used the Duncan Robinson trade exception to take in Bobby Portis Jr. Are there any plans to use the Haywood Highsmith trade exception before that expires? – Dan. A: For those unaware, the Heat hold a $5.6 million trade exception from last summer’s salary dump of Haywood Highsmith to the Nets, an exception that expires on Aug. 17. The reality is that because the Heat are ...
— Yahoo Sports

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