Mike Miller may bring lawsuit against Miami Heat over millions lost

Former Miami Heat sharpshooter Mike Miller, who now plays for the Memphis Grizzlies, is considering filing suit against the two-time defending champions. Miller is looking to recoup some of the $1.7 million he was defrauded of by a man named Haider Zafar.

Heat executive vice president of sales, Stephen Weber, introduced Miller to Zafar. He led Miller, as well as other players, to believe that he would invest the player’s money in a high-yield account.

Rather than investing, Zafar bought $700,000 worth of courtside seats. Per Barry Jackson of the Miami Herald:

According to Miller’s complaint that has been drawn up but not yet filed, a Heat employee introduced Miller to Zafar, and Zafar used $700,000 of the money he stole from Miller to pay for courtside Heat tickets.

Settlement talks between Miller and the Heat have stalled. Miller asked for that $700,000 back from the Heat, plus attorney’s fees, but “the parties were far apart,” Miller’s attorney, Andrew Fine, said.

According to the Herald, Zafar agreed to pay $3 million for Heat tickets over the course of three years. At that point, Zafar asked to meet players so they could make investments. James Jones and Rashard Lewis were also reportedly defrauded by Zafar.

Miller believes the Heat are liable for the $700,000 they profited from the court-side seats. He has already recouped $300,000 from the initial $2 million he gave to Zafar.

Zafar is currently in an Ohio jail awaiting his trial on unrelated fraud charges.

  • Alex

    fraudulent conveyance