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 24, 2026, Andrew Wiggins' contractual situation emerged as a key storyline for the Miami Heat, with the franchise evaluating its long-term roster direction ahead of the 2026 summer window, as the veteran forward approaches a significant crossroads involving a player option and extension eligibility. Previously, on April 18, Erik Spoelstra reportedly signaled his preferences to the Heat's front office by largely refraining from playing Tyler Herro and Norman Powell together during the season's final stretch. This followed Herro's decision on April 17 to decline speaking to the media during the team's exit interview availability, indicating his future with the Heat remains uncertain heading into the offseason.