Average ticket price Miami Heat (NBA) games 2015/16
Miami Heat - additional information
The Miami Heat are an American professional basketball team playing in the National Basketball Association’s (NBA) Southeast Division of the Eastern Conference. The Heat joined the NBA in 1988 in Miami as an expansion team, but had limited success in its first seasons. In the mid 1990s however, it became a serious championship contender under the management of head coach Pat Riley. The team won its first NBA championship series in 2006, and then again in 2012 and 2013.
Although it is a relative young team, with many ups and downs it its short history, the Miami Heat have gained a considerable following in the past decade. In a ranking of NBA teams according to the number of fans on Facebook, the Heat placed fourth, with over 16 million fans. This number places them ahead of more established teams with a rich history in the leagues, such as rivals Boston Celtics or New York Knicks, both established in 1946. The team has had on its roster some of the most famous basketball players of all times, such as Shaquille O’Neal and Alonzo Mourning, as well as the so-called “Big 3” - Chris Bosh, LeBron James and Dwyane Wade, which raised to stardom during the team’s run to the 2012 and 2013 championships.
As of 2015, the total franchise value of the Miami Heat is estimated by Forbes at 1.175 billion U.S. dollars, slightly over the NBA average franchise value of 1.106 billion U.S. dollars. During the 2013/2014 season, the player expenses of the Miami Heat were estimated at 98 million U.S. dollars, the third highest team payroll in the entire NBA. During the same season, the team had an estimated revenue of 188 million U.S. dollars. The Miami Heat ticket prices for home games in 2014/15 have reached an estimated 78.3 U.S. dollars, some 20 U.S. dollars more than the overall league-wide average ticket price.