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The Miami Heat are a professional basketball team based in Miami, Florida. The Heat compete in the National Basketball Association (NBA) as a member of the league's Eastern Conference Southeast Division. The franchise was founded in 1988 as an expansion team and won its first NBA championship in 2006. The Heat have won four conference titles and six division titles since joining the league. The team plays its home games at American Airlines Arena in downtown Miami. The Heat have featured many recognizable players throughout their history, including LeBron James, Dwyane Wade, Chris Bosh, Alonzo Mourning, Shaquille O’Neal, Tim Hardaway and Ray Allen. The team has had several successful seasons, including winning the NBA championship in 2012 and 2013. The Heat also hold the NBA record for the longest winning streak in league history, having won 27 consecutive games during the 2012–13 season. In recent news, the Heat signed Jimmy Butler in the summer of 2019 and acquired Andre Iguodala in February 2020. The team also hired a new head coach, Erik Spoelstra, in 2008. The Heat have had a successful 2020–21 season, as they clinched a playoff berth and currently sit in fourth place in the Eastern Conference.
Miami Heat guard Terry Rozier was arrested Thursday morning in Orlando and charged with participating in an illegal sports betting scheme that used nonpublic NBA information to gain an advantage. Federal prosecutors described the case as insider trading for professional basketball, alleging players intentionally removed themselves from contests to benefit gamblers' bets.
Terry Rozier will continue receiving his $26.6 million salary while on leave following his Thursday arrest on federal gambling charges, per NBA collective bargaining agreement provisions. The league must determine whether Rozier violated rules before deciding on potential suspension or ban, which would terminate his payments from the Miami Heat immediately.
Terry Rozier’s teammates and coaches are standing by him in the wake of his arrest, with Miami Heat head coach Erik Spoelstra and star forward Bam Adebayo both expressing their support on Friday. Speaking to reporters just a day after Rozier was taken into federal custody on gambling-related charges, Spoelstra said he couldn’t comment on […]
Terry Rozier will keep receiving his $26.6 million salary while on administrative leave from the Miami Heat following his arrest on federal gambling charges, as allowed under the NBA’s collective bargaining agreement. Players on leave remain ineligible to play but continue to be paid until the league determines whether rules were violated. Rozier was arrested […]
Legal and gaming experts warn the NBA could face massive lawsuits – possibly in the billions – following the league’s widening gambling scandal. The controversy erupted after federal prosecutors charged 31 people, including Portland Trail Blazers coach Chauncey Billups, Miami Heat guard Terry Rozier, and former Cavaliers player Damon Jones, in a sweeping illegal betting […]
The Miami Heat were unaware Terry Rozier was under investigation for illegal gambling when they traded for him in January, according to The Miami Herald’s Barry Jackson and Anthony Chiang. Rozier was arrested Thursday by the FBI in a federal sports betting probe, leaving his future uncertain. Without a decision from commissioner Adam Silver, Rozier […]
Victor Wembanyama, Stephon Castle and the San Antonio Spurs lead the NBA in Net Rating after the first week of the season at +16.0 points per 100 possessions. The Charlotte Hornets, Miami Heat, Utah Jazz and Chicago Bulls round out the top-5 in a surprising early start to the season.