Duncan Robinson HeatMiami Heat guard Duncan Robinson had until Sunday at 5 p.m. EST to exercise his ETO. (Mandatory Credit: Justin Casterline/Getty Images)

Duncan Robinson has exercised his $19.9 million early termination option and has become an unrestricted free agent, ESPN NBA insider Shams Charania reported Sunday.

Robinson had until Sunday until 5 p.m. EST to either exercise his option or remain with the team, where only $9.9 million of his contract was guaranteed through June 29.

Miami Heat guard Duncan Robinson is declining his $20 million early termination option to become a free agent and will work with the franchise on a new deal to return, or a move elsewhere, sources tell ESPN. pic.twitter.com/R0faNKX1wi

— Shams Charania (@ShamsCharania) June 29, 2025

Early termination options are only allowed to be given to players on five-year contracts without the ability to exercise them until the fifth season.

Robinson, 31, could still return to the Heat, but that would further erode cap space heading into the 2026 offseason. After the Heat re-signed Davion Mitchell to a two-year, $24 million deal, the Heat were projected to have up to roughly $40 million available in cap space.

By exercising his ETO, the Heat also have ducked under the luxury tax and not only can have more flexibility to do sign-and-trades, but use their full mid-level exception, worth roughly $14 million.

Robinson is widely regarded as the best shooter in Heat history, but has dealt with back injuries at the tail-end of two consecutive seasons. Last year, he averaged 11.0 points on 43.7 percent shooting and 39.3 percent from 3-point range on 6.5 triple tries per game.

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