Based on figures going back to 2001, the player expenses of the Miami Heat franchise hit a record high in the 2023/24 season, reaching 185 million U.S. dollars. This represented an increase of roughly 15 percent over the previous season.
Miami Heat player expenses (payroll) from 2001/02 to 2023/24
(in million U.S. dollars)
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Forbes. (October 25, 2024). Miami Heat player expenses (payroll) from 2001/02 to 2023/24 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/280664/player-expenses-payroll-of-the-miami-heat/
Forbes. "Miami Heat player expenses (payroll) from 2001/02 to 2023/24 (in million U.S. dollars)." Chart. October 25, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/280664/player-expenses-payroll-of-the-miami-heat/
Forbes. (2024). Miami Heat player expenses (payroll) from 2001/02 to 2023/24 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/280664/player-expenses-payroll-of-the-miami-heat/
Forbes. "Miami Heat Player Expenses (Payroll) from 2001/02 to 2023/24 (in Million U.S. Dollars)." Statista, Statista Inc., 25 Oct 2024, https://www.statista.com/statistics/280664/player-expenses-payroll-of-the-miami-heat/
Forbes, Miami Heat player expenses (payroll) from 2001/02 to 2023/24 (in million U.S. dollars) Statista, https://www.statista.com/statistics/280664/player-expenses-payroll-of-the-miami-heat/ (last visited November 22, 2024)
Miami Heat player expenses (payroll) from 2001/02 to 2023/24 (in million U.S. dollars) [Graph], Forbes, October 25, 2024. [Online]. Available: https://www.statista.com/statistics/280664/player-expenses-payroll-of-the-miami-heat/