Basketball Properties, Ltd. · Miami, FL United States
Company Description
Phone: 786-777-1000
Fax: 786-777-1615
View Basketball Properties, Ltd. Locations On A US Map
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This link will open in a new window Basketball is one hot property for this company. Basketball Properties owns and operates the Miami Heat professional basketball team, which joined the National Basketball Association as an expansion franchise in 1988. The team struggled to find success until 1995 when former Los Angeles Lakers coach Pat Riley came to Miami. However, it wasn't until 2006 that the Heat won its first NBA title with a roster that included another former Laker, Shaquille O'Neal, along with such stars as Dwyane Wade. The family of Carnival CEO Micky Arison has controlled the basketball franchise since its founding. To read the full description, subscribe now.
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Key Basketball Properties, Ltd. Financials
| Company Type | Private Single Location |
| Fiscal Year-End | June |
| Annual Sales (mil.) | $8.0 |
| Employees | 150 |
Basketball Properties, Ltd. Executives
29 executives listed for Basketball Properties, Ltd.'s Miami, FL location.
| Title | Name & Bio | Contact |
| Managing General Partner | Micky Arison | Network |
| President | Pat Riley | Network |
| President, Business Operations | Eric Woolworth | Network |
Competition
Competitive Landscape for Basketball Properties, Ltd.
Demand is driven by consumer income and corporate entertainment spending. The profitability of individual teams depends on achieving high fan attendance and a large TV audience, both of which are enhanced by effective marketing and competitive play. Teams in large metropolitan areas have advantages in the population base and TV audience they can draw on, though they may face competition from other teams. Teams in smaller markets, along with less popular sports and minor league teams, can compete by building fan loyalty through local marketing promotions and an appeal to civic pride. Average annual revenue per worker across all sports teams is over $325,000. To read the full description, subscribe now.Top Basketball Properties, Ltd. Competitors
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