Miami Heat is a Privately Owned company headquartered in the US. Founded in 1988, it employs approximately 940 individuals and specializes in spectator sports, functioning as a tier 1 media tech buyer. The company is an American professional basketball team based in Miami.
On April 28, 2026, sports analyst Stephen A. Smith urged the Miami Heat to name Erik Spoelstra as both coach and general manager, amid broader discussions about the franchise's direction and its readiness to evolve. This development followed Heat president Pat Riley's press conference on April 27, where he expressed immense faith in franchise cornerstone Bam Adebayo. Riley stated he would only consider trading Adebayo for Victor Wembanyama and eight draft picks, after the Heat's campaign concluded with an overtime loss to the Charlotte Hornets in the play-in tournament. Earlier on April 27, Riley emphasized player availability as a key factor for future roster decisions, indicating that "games played" would be a primary consideration.
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