October 26, 2005

Heat’s Arison elected chairman of NBA board of governors

WASHINGTON (Reuters) - Micky Arison, managing general
partner of the Miami Heat, has been elected chairman of the NBA
Board of Governors, Commissioner David Stern announced

Arison replaces Phoenix Suns Chairman Jerry Colangelo, who
served as chairman for the last four years.

"Jerry Colangelo has been an extraordinary leader for the
NBA during his tenure as chairman and will remain a principal
figure on our board," said Stern.

"Micky Arison is an innovative thinker who has the full
support and respect of our owners."

Ted Arison, Micky's father, founded the Miami Heat in 1988
before Micky took control of the franchise in 1995.