Jun 30, 2005

• Shaquille O'Neal exercised an Early Termination Option in order to void the remaining seasons on his current contract.
  
• The Miami Heat tendered a Qualifying Offer to Udonis Haslem making him a Restricted FA.
  

Jun 29, 2005

• The Miami Heat exercised their Team Option on the contract of Qyntel Woods to extend his contract.
  

Jun 28, 2005 - The 2005 NBA Draft took place in New York.

• The Miami Heat selected Wayne Simien in Round 1 with Pick 29 in the 2005 NBA Draft.
  

Jun 17, 2005

• The Miami Heat exercised their Team Option on the contract of Alonzo Mourning to extend his contract.
  
• The Miami Heat exercised their Team Option on the contract of Dwyane Wade to extend his contract.
  

Mar 1, 2005

• Alonzo Mourning signed a multi-year contract with the Miami Heat.
  

Feb 24, 2005

• The Miami Heat sent Malik Allen in a trade to the Charlotte Bobcats.
  
• Steve Smith was acquired in a trade by the Miami Heat from the Charlotte Bobcats.
  

Feb 14, 2005

• Wesley Person, previously with the Miami Heat, became a free agent.
  

Jan 28, 2005

• Jerome Beasley, previously with the Miami Heat, became a free agent.
  

Jan 26, 2005

• The Miami Heat placed the contract of Jerome Beasley on waivers.
  
• Qyntel Woods signed a multi-year contract with the Miami Heat.
  

Nov 17, 2004

• Matt Freije, previously with the Miami Heat, became a free agent.
  

Nov 14, 2004

• The Miami Heat placed the contract of Matt Freije on waivers.
  
• Shandon Anderson signed a contract with the Miami Heat.
  

Oct 27, 2004

• Tang Hamilton, previously with the Miami Heat, became a free agent.
  

Oct 25, 2004

• The Miami Heat placed the contract of Tang Hamilton on waivers.
  

Oct 1, 2004

• Tang Hamilton signed a multi-year contract with the Miami Heat.
  

Sep 15, 2004

• Christian Laettner signed a contract with the Miami Heat.
  

Aug 26, 2004

• Matt Freije signed a multi-year contract with the Miami Heat.
  

Aug 11, 2004

• Wesley Person signed a multi-year contract with the Miami Heat.
  

Aug 5, 2004

• Damon Jones signed a multi-year contract with the Miami Heat.
  

Jul 28, 2004

• Rasual Butler signed a multi-year contract with the Miami Heat.
  

Jul 26, 2004

• Dorell Wright signed a multi-year contract with the Miami Heat.
  

Jul 21, 2004

• Keyon Dooling signed a multi-year contract with the Miami Heat.
  

Jul 15, 2004

• Michael Doleac signed a multi-year contract with the Miami Heat.
  

Jul 14, 2004

• The Miami Heat sent Caron Butler in a trade to the Los Angeles Lakers.
  
• The Miami Heat sent Brian Grant in a trade to the Los Angeles Lakers.
  
• The Miami Heat sent Lamar Odom in a trade to the Los Angeles Lakers.
  
• Shaquille O'Neal was acquired in a trade by the Miami Heat from the Los Angeles Lakers.
  

Jul 1, 2004

• Rafer Alston, previously with the Miami Heat, became a free agent.
  
• Rasual Butler, previously with the Miami Heat, became a free agent.
  
• Bimbo Coles, previously with the Miami Heat, became a free agent.
  
• Samaki Walker, previously with the Miami Heat, became a free agent.
  
• John Wallace, previously with the Miami Heat, became a free agent.