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Luxury Tax

23. New York Knicks (24-40)

Phil Jackson With Knicks Would Require Major Rebuild

The New York Knicks are reportedly closing in on a deal to bring legendary coach Phil Jackson to the team in the front office. The Knicks have a lot of work to do, not many resources to do it, but owner James Dolan has one target in mind with the hiring of Jackson, Miami Heat president Pat Riley.

CBS Miami–03/11/2014

Houston Rockets v Miami Heat

Heat Amnesty Mike Miller

As recently as a few weeks ago, Miami Heat president Pat Riley said he wasn’t planning on amnestying any player on the roster. Apparently, plans changed as the Heat announced Tuesday that they have waived Miller using the one-time amnesty provision in the collective bargaining agreement.

CBS Miami–07/16/2013

(Photo by Mike Ehrmann/Getty Images)

Cap Space Shrinks Again For Heat

As the Miami Heat celebrates its latest championship, it’s never too early to take a peek at what could be coming for the franchise that has dominated the Eastern Conference for the last three years in a row.

CBS Miami–06/24/2013

(Photo by Nathaniel S. Butler/NBAE via Getty Images)

Report: Heat May Lose Money This Year

The Miami Heat have just finished one of the most impressive postseasons in team history en route to an NBA championship. But, according to Heat owner Micky Arison, the team is likely to lose money again this year, according to CNBC.

CBS Miami–07/02/2012

MIAMI, FL - JUNE 5:  James Jones #22, LeBron James #6, Dwyane Wade #3 and Shane Battier #31 of the Miami Heat in Game Five of the Eastern Conference Finals between the Boston Celtics and the Miami Heat during the 2012 NBA Playoffs on June 5, 2012 at American Airlines Arena in Miami, Florida.  (Photo by Nathaniel S. Butler/NBAE via Getty Images)

If Heat Lose, Options Are Limited

As the Miami Heat stand on the verge of elimination from the Eastern Conference Finals, many are starting to ask is this the swan song for the Big Three if a championship can’t be won this year?

CBS4–06/06/2012

Steve Nash

Steve Nash Would Listen To Heat Offer

Miami Heat fans who continue to lament the team’s struggles at point guard may have just been given something to hope for almost as much as landing LeBron James in the first place.

CBS4–03/29/2012

Micky Arison

Heat May Be Arison’s Best Investment

If you were hoping to see Miami Heat tickets or Carnival Cruise Line tickets go down in price; you’re probably going to be out of luck for the coming year.

CBS4–01/06/2012

NBA Lockout

Details Around NBA Negotiations Leaking Out

The NBA and National Basketball Players Association continue mediated negotiations in New York in hopes of salvaging another season and ensuring South Florida they will again see the Big Three on the court this year.

CBS4–10/20/2011

NBA Lockout

NBA Lockout Reaches Critical Mass

Negotiators from the NBA and the National Basketball Player’s Association restarted talks in New York with a Monday deadline to avoid cancelling the first two weeks of the season.

CBS4–10/10/2011

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