MIAMI, FL - JUNE 19: (L-R) Dwyane Wade #3 and LeBron James #6 of the Miami Heat look on in the second half against the Oklahoma City Thunder in Game Four of the 2012 NBA Finals on June 19, 2012 at American Airlines Arena in Miami, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Mike Ehrmann/Getty Images)
The Heat and Fox Sports Florida are reportedly close to finishing a blockbuster deal that would bring in $80-100 million per year to the team.
On the brink of an NBA Championship, the Miami Heat are close to finishing a blockbuster television deal with Fox Sports Florida that would bring in $80-100 million per season for the team, according to Mike Ozanian of Forbes.
The deal would be the NBA's second largest, behind only the deal Time Warner Cable made with the Lakers that is worth about double. The proposed agreement would bring in at least four times the revenue the Heat were previously bringing in through television.
Chris Belivacqua, who runs a media company but is not involved with, or familiar with the negotiations of the deal, told Forbes, "Fox has a lot of competition down there with Comcast and that plays well into the dynamics of the deal for the Heat."
The Heat currently have a 3-1 lead in the NBA Finals over the Oklahoma City Thunder and are one win away from being NBA champions for the first time since 2006.
For more on the Heat, visit Peninsula Is Mightier.