<|begin_of_text|><|begin_of_text|><|begin_of_text|>A key provision in the 1997 accord between the county and Basketball Properties Ltd., the Heat’s operating arm, stipulates that Miami-Dade is to receive 40 cents of every dollar of profit after the team earns $14 <wm>million in revenue. That doesn't work as the team plays its home games without generating revenue from ticket sales. Yet the team, in turn, generates an annual profit of $17.4 million. That leaves only $6.4 million in operating expenses. That leaves 54% ($6,460,080 in operating profit, based on a gross margin of $7.6 million (I think $7.6 million doesn't work here since Miami-Dade operates with approximately a gross margin</wm> of $7%) that can be allocated to the team, $6,464.20, $