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Micky Arison: I am deeply saddened by reports of more deaths following the grounding of #Concordia. Twitter

Miami Heat, Micky Arison 

Carnival, a dual-listed American-British company that trades on both the New York and London stock exchanges, operates more than 100 ships with brands including P&O, Cunard and Princess Cruises. It accounts for almost half of the global cruise market. Carnival said the ship was insured for damage with a deductible of approximately $30 million, as well as insurance for third-party personal injury liability subject to an additional deductible of approximately $10 million for this incident. The company self-insures for loss of use of the vessel. A damage assessment review is underway, Carnival said, but the ship is expected to be out of service for the remainder of the company's current fiscal year -- if not longer. The company is 47 percent owned by Micky Arison, chief executive and son of the company's founder, and the broader Arison family. It has lost almost a third of its market value over the past year, amid investor worries about fuel prices and consumer weakness. New York Post

Miami Heat, Micky Arison 

In a statement, Arison said he was "deeply saddened" by the shipwreck and the loss to life that resulted. The financial estimates related to the wreck were released amid reports that a sixth body was found early Monday in the cruise liner. Morgan Stanley Monday downgraded Carnival to equalweight from overweight and cut its price target on the UK-listed stock after the incident. Carnival's shares opened down 19 percent Monday. New York Post

Miami Heat, Micky Arison 

Last month Miami Heat owner Micky Arison cast a protest vote against the NBA’s new collective bargaining agreement because he felt it was a bad financial deal for his team. Even though Arison is one of the NBA’s wealthiest owners, he’s regularly maintained that his basketball business should still be run like a business. That isn’t likely to change, especially since Forbes magazine estimated this week that Arison lost more than 20 percent of his net worth in the last year. Citing the 28 percent drop in Carnival Cruise Lines stock, the financial publication said Arison lost $1.3 billion. He is still estimated to have $4.5 billion in assets. Arison is the majority owner of a variety of different cruise brands and recently launched his 100th cruise ship. His core business has been affected by the slump in leisure travel over the last several years. ESPN.com

Miami Heat, Micky Arison 

Ethan J. Skolnick: In a bit of a bombshell, @Micky Arison reveals he was one of 5 owners to vote against new CBA, as a "protest vote." Twitter

Miami Heat, CBA, Micky Arison, Lockout 

Ethan J. Skolnick: Arison said, in availability with Heat beat writers, that it had passed b4 it got to him. But he felt deal was punitive to Heat. Twitter

Miami Heat, CBA, Micky Arison, Lockout 

Ethan J. Skolnick: Arison had been pushing to get deal done, but didn't like that Heat was subsidizing bigger actual markets like Clippers and Nets. Twitter

Miami Heat, CBA, Micky Arison, Lockout 

"While I did everything I could behind the scenes and some not-so-behind-the-scenes to get playing by Christmas," Arison said, "when you come down to it, financially, it's important to understand that revenue sharing and the CBA together, it's a tough financial deal for us, particularly the revenue-sharing piece of it, the way it's structured. "For us to have to pay revenue sharing to larger-market teams was disturbing, and we will. And so that was a kind of protest vote on our part." That said, Arison stressed he was appreciative of the efforts that got the league back on the court. "I congratulate them," he said, "it was just tough on our particular franchise." South Florida Sun-Sentinel

Miami Heat, CBA, Micky Arison, Lockout 

"Two years from now, when the tax becomes more punitive and then you've got the recidivist tax . . . you've got to get out," Riley said last week. "So you have to plan as much as you can." Arison said the tax remains a concern and he would address that issue closer to when the increased tax comes into play. "While the original intent of the owners was to have a hard cap, which would have basically leveled the playing field between teams," he said, "instead, because of players' refusal to accept that, they just made it extremely expensive. "So now you have to financially deal with how expensive that is and whether you're prepared to do it." South Florida Sun-Sentinel

Miami Heat, CBA, Micky Arison, Lockout 

Micky Arison: Whatever happens with @Chris Paul all I can say is I wish him the the best. A class act. Twitter

Los Angeles Lakers, New Orleans Hornets, Trade, Chris Paul, Micky Arison 

Micky Arison: Looking forward to seeing @Chris Bosh @Dwyane Wade @LeBron James @Mike Miller @Mario Chalmers @Udonis Haslem @Dexter Pittman back at the AAA Twitter

Miami Heat, LeBron James, Chris Bosh, Dwyane Wade, Udonis Haslem, Mike Miller, Mario Chalmers, Micky Arison, Dexter Pittman 

Micky Arison: Excited about the tentative agreement and can't wait 4 Xmas day hoops! Thanks to all @miamiheat fans 4 your patience and support. Go HEAT! Twitter

Miami Heat, CBA, Micky Arison, David Stern, Lockout 

Miami's Mickey Arison and the Lakers Jerry Buss are pushing for a deal while Cleveland owner Dan Gilbert and the Suns Robert Sarver's are among the hard line owners unhappy with the offer the players recently rejected. "Mickey has a higher guru in Pat Riley to handle the business," says Shaq, who retired in June. "He makes unorthodox moves but his moves pay off. Sarver…his moves don't pay off. "We need to create a system where the owners are protected from themselves. They're trying to blame us for bad management. Both sides bring up great issues but it will be a shame if we lose a season." New York Daily News

Cleveland Cavaliers, Los Angeles Lakers, Miami Heat, Phoenix Suns, Shaquille O'Neal, Pat Riley, Dan Gilbert, Jerry Buss, Micky Arison, Robert Sarver 

Micky Arison: 903 Congratulations to Coach K and the DUKE family love seeing u getting it done at MSG on ESPN.....GO DUKE!! Twitter

Miami Heat, Coaching, Micky Arison, Mike Krzyzewski 

Chris Sheridan: Labor meeting has begun an hour late. Michael Jordan, Paul Allen and Mickey Arison in attendance for owners. Twitter

Charlotte Bobcats, Miami Heat, Portland Trail Blazers, Michael Jordan, Paul Allen, CBA, Micky Arison, Lockout, NBPA, Owners 

For his part, Arison has maintained a low-key presence over the past week, without a public response to the fine. He even sidestepped a Twitter question about whether he was becoming the league's next Mark Cuban, the Dallas Mavericks owner known for his run-ins with and fines from Stern. Asked Thursday on Twitter, "Can't u get that dude who owns the Mavs to run interference for u? He has experience in these matters," Arison responded, "U have a dry sense of humor." South Florida Sun-Sentinel

Dallas Mavericks, Miami Heat, CBA, Mark Cuban, Micky Arison, David Stern, Lockout, Billy Hunter, NBPA, Owners 

Marc Berman: Miami owner Mickey Arison tweeted he's flying in today to NYC for labor talks. I bet this flight is cheaper than his last one. Twitter

Miami Heat, CBA, Micky Arison, David Stern, Lockout, Billy Hunter, NBPA 

Ethan J. Skolnick: Spoelstra on Arison's fine: "I'm glad I don't tweet." Well, he has. One time. Twitter

Miami Heat, Twitter, Erik Spoelstra, Micky Arison, David Stern 

The transmission, 40 characters when including spaces and the period, translated to costing $12,500 per keystroke, or $62,500 per word. Arison is listed in Forbes as being worth $5.9 billion, so while the fine is a huge amount, it would be proportionate to a person with a net worth of $100,000 being fined $8.48. South Florida Sun-Sentinel

Miami Heat, CBA, Micky Arison, David Stern, Lockout, Billy Hunter, NBPA 

For months, Commissioner David Stern has insisted that the league’s 29 owners are unified in the goals, methods and necessity of the lockout, which is in its fifth month. He maintains that stance, Arison’s glib posting notwithstanding. “He believes his tweets were taken out of context and understands our concern about them,” Stern said Tuesday in a telephone interview. “And he’s very much on board with the other 29 owners about the deal that we want.” New York Times

Miami Heat, CBA, Micky Arison, David Stern, Lockout, Billy Hunter, NBPA