National Basketball Association

Heat announce rise in ticket prices

Published Jan. 22, 2011 12:00 a.m. ET

foxsports

The Miami Heat say they are raising season-ticket prices for the 2011-12 season, and will have some allowances built into pricing plans if there's a work stoppage this summer.

The team says the price increase will be ''minor,'' without specifying further.

One of the options available to current season-ticket holders would allow the team to keep money for 2011-12 plans in accounts if next season is affected by the expiration of the current collective bargaining agreement. Under the terms of that plan, season-ticket holders would receive a 5 percent ''loyalty payment'' refund monthly if any preseason or regular-season games are missed.

The deal between the league's players and owners expires July 1.