The Heat decided against waiving guard Terry Rozier on Wednesday, per Tim Reynolds of The Associated Press (Twitter link), which means his full cap hit for the 2025/26 season is now guaranteed.
Rozier’s $26,643,031 salary had been partially guaranteed for $24,924,126, so Miami could have realized just over $1.7MM in cap savings by waiving him. That would’ve opened up a second spot on the Heat’s 15-man roster and given the team the ability to add two players on standard contracts without surpassing the luxury tax line.
However, despite the fact that Rozier has been inactive since being arrested on federal gambling charges and was placed on leave by the league in October, the Heat determined it made more sense to keep him on the roster.
That decision suggests the team wants to maintain the ability to include his expiring contract in a trade for salary-matching purposes. The NBA reportedly hasn’t confirmed one way or the other whether Miami would be permitted to do so, but the team is said to be “confident” that the league wouldn’t block a deal that includes Rozier’s contract.
[RELATED: Attorneys For Terry Rozier Seek Dismissal Of Federal Charges]
While Rozier’s cap hit is now guaranteed, his salary is still being withheld by the NBA in an escrow-type interest-bearing account while he remains on leave. That decision is being fought by the Players Association, with a ruling on the grievance anticipated this month.
Rozier had plenty of company among the players with non-guaranteed salaries who held onto their roster spots today. According to ESPN’s Bobby Marks (Twitter link), not a single player on a standard non-guaranteed contract was placed on waivers on Wednesday, ahead of the salary guarantee deadline.
Three two-way players were cut today: Mark Sears of the Bucks, Malik Williams of the Hawks, and Tosan Evbuomwan of the Knicks.