During the 2024/25 season, the Miami Heat generated million dollars in revenue. This was an increase of million U.S. dollars from the previous year for the three-time National Basketball Association (NBA) champions.
What are the Miami Heat鈥檚 sources of income?
A significant chunk of the team鈥檚 net income is from the Miami Heat鈥檚 gate receipts, which made up just under a quarter of its total revenue in 2024/25. This however exceeded the average share of revenue from ticketing in the NBA, which stood at percent that season. Despite losing its stadium sponsor, FTX, following the latter's bankruptcy in 2022, the Heat also have a wide array of partnership deals with companies such as jersey patch sponsor Carnival Cruise Line and new stadium sponsor Kaseya.
What is the average revenue of an NBA franchise?
In addition to the Heat outperforming the league鈥檚 average in revenue from gate receipts, the franchise was also slightly ahead of the聽NBA's average for revenue per franchise. Nevertheless, the Heat were far behind the Golden State Warriors, whose net income of million U.S. dollars in 2024/25 made them the聽NBA team with the highest revenue that year.