The Miami Heat is a professional basketball team based in Miami, Florida. Founded in 1988, the team plays in the National Basketball Association (NBA) as a member of the league's Eastern Conference. The Heat has won three NBA championships, with their first title coming in 2006, followed by back-to-back championships in 2012 and 2013. The team is owned by Micky Arison and played their home games at the FTX Arena in downtown Miami. The Heat has a strong rivalry with the Boston Celtics and the Philadelphia 76ers, with Paul George and Joel Embiid being notable opponents.