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Heat get under tax line, trade Haywood Highsmith to Nets for 2nd round pick

Miami Heat traded Haywood Highsmith to Brooklyn Nets, opening two roster spots and saving $5.6 million in salary to reduce luxury tax costs, officials said.

  • On Friday, the Miami Heat traded forward Haywood Highsmith to the Brooklyn Nets for a protected 2026 second-round pick, sending a 2032 pick in return.
  • Amid salary-cap pressure, the Miami Heat traded Highsmith to the Nets to get under the $1.6 million above the tax line, creating roster flexibility.
  • Under the new structure, Miami Heat now have two open roster spots and a $5.6 million trade exception after trading Highsmith, who will earn about $5.6 million.
  • With cap space freed, the Miami Heat can sign any player to a veteran-minimum contract regardless of NBA experience, sitting $9.5 million under the first luxury-tax apron.
  • Under NBA roster rules, Brooklyn Nets likely must cut two guaranteed-salary players before the Oct. 22 regular season opener.
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Hoops Wire broke the news in on Friday, August 15, 2025.
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