Based in Miami, Florida, the Miami Heat was founded as a franchise team in in 1988 and in their earlier years, the team struggled and only made the playoffs twice in their first eight years. They play in the Southeast Division of the Eastern Conference along with their most recent rivals, the Indiana Pacers. They play their home games at the American Airlines Arena in Downtown Miami since its construction ended in 1999. Since they formed, they have won three Championships and four Conference titles. In 2013, Forbes valued the team as the 6th most valuable franchise in the NBA. After their losing streak in the late 1980's into the 1990's, Micky Arison purchased a controlling interest of the team and hired Pat Riley to be the new head coach and team president. With new part owner and head coach, the Heat made a shocking turn around and won their first ever Division title in 1997 with their best regular season record in their franchise history. It wasn't until 2006 that they won their first NBA championship with the addition of Dwayne Wade in 2003 and Shaquille O'Neal in 2004. However, the year following their big win, the Heat started off poorly and ended with another losing record. In 2010, the team drafted one of their now key players, Lebron James. In the same year, Wade was the scoring champion and named the NBA All-Star MVP. In their past season, they acquired Ray Allen from the Celtics and with this addition to the team, they were able to win their third NBA championship title as well as the conference title. Aside from the Pacers, the Heat has a rivalry with the Knicks, Bulls, and the Celtics. With the upcoming season, the team is hopeful in remaining dominant in their conference and bringing home the NBA championship for the second year in a row.
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601 Biscayne Blvd
Miami, FL 33132
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