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  2. May 20, 2024 · It was in 1995 that Micky Arison purchased the Miami Heat franchise. At that time, Arison paid $32.5 million for the ownership of the team. Early in his tenure, Arison hired Pat Riley as the...

  3. Jun 25, 2024 · The Miami Heat has been under Micky Arison's ownership since 1995 and has since become one of the most valuable NBA teams, with an estimated worth of $3 billion in October 2023. Team Performance. Arison has presided the Heat's seven NBA finals visits since taking majority control of the franchise in 1995, leading to three titles.

  4. Oct 2, 2023 · Heat owner Micky Arison is chairman of Carnival Corp. Carnival replaces UKG as the team’s uniform patch, a one-year multimillion-dollar agreement, according to the team.

    • Ira Winderman
  5. Aug 28, 2015 · The Heat are not listed among the teams that will wear short-sleeved "Pride" jerseys, but there is an expected return of their Latin Nights "El Heat" jerseys at midseason.

  6. One of Arison’s first moves was to re-shape the Miami Heat constitution and he brought in Pat Riley, one of NBA’s coaching legends, as the Heat’s President.

  7. Jul 23, 2010 · Still it has took Micky assuming control in 1995 for Miami to evolve into one of the top organizations in the NBA. Together, Arison and Riley have shaped the Heat into an elite sports franchise.

  8. May 24, 2023 · Arison purchased the team in 1995, and one of his first moves was to appoint Pat Riley as team president. It's safe to say that worked out pretty well for them both. Riley has overseen three...

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