A couple days ago, ESPN’s Brian Windhorst reported that Micky Arison, the Miami Heat’s managing general partner, has lost $2.5 billion since March. Arison is the chair of Carnival Cruise Line, which has suffered tremendously since the coronavirus pandemic hit the United States.
With likely league’s highest payroll next season & their cash cow arena shut indefinitely, Warriors have quietly found a deal to raise $250 million to keep going. Other teams are already looking for money too: https://t.co/roCyjcDuvW
— Brian Windhorst (@WindhorstESPN) July 27, 2020
Windhorst said that the Heat might not offer Bam Adebayo an extension this off-season to maximize cap space in 2021.