The Miami Dolphins, the NFL team, Miami Heat, the NBA team, Florida Marlins, the MLB team, and the Florida Panthers, Miami's NHL team. As well as having all four major professional teams, Miami is also home to Miami FC, Miami Tropics, the Sony Ericsson Open for professional tennis, numerous greyhound racing tracks, marinas, Jai-Alai venues, and golf courses.

The Miami Heat is currently the only major professional sports team that plays its games within Miami's city limits at the American Airlines Arena. The team recently won the 2006 NBA Finals, winning the series 4-2 over the Dallas Mavericks. The Miami Dolphins and the Florida Marlins both play their games in Miami Gardens. The Orange Bowl, a member of the Bowl Championship Series, hosts their college football championship games at Sun Life Stadium. The stadium has also hosted the Super Bowl; the Miami metro area has hosted the game a total of nine times (four Super Bowls in Dolphin Stadium, including Super Bowl XLI and five at the Miami Orange Bowl), tying New Orleans for the most games. In 2010 construction began on a new ballpark for the Florida Marlins within the city limits of Miami on the site of the old Orange Bowl stadium. The ballpark is expected to open in 2012 and the team's name is expected to be changed to the Miami Marlins.

Miami FC, Florida's only professional soccer team, plays at Tropical Park Stadium. Miami signed world-famed soccer player Romario in March 2006 to a one year deal. The Florida Panthers NHL team plays in neighboring Broward County at the BankAtlantic Center in the city of Sunrise. Miami is also home to Paso Fino horses, where competitions are held at Tropical Park Equestrian Center.

Miami is also the home of many college sports teams. The two largest are the University of Miami Hurricanes, whose football team formerly played at the Miami Orange Bowl from 1937 until 2008, moving to Sun Life Stadium subsequently, and Florida International University Golden Panthers whose football team play at FIU Stadium.

A number of defunct teams were located in Miami, including the Miami Floridians (ABA), Miami Matadors (ECHL), Miami Manatees (WHA2), Miami Gatos (NASL), Miami Screaming Eagles (WHA), Miami Seahawks (AAFC), Miami Sol (WNBA), Miami Toros (NASL), Miami Tropics (SFL), Miami Tropics (ABA), and the Miami Hooters (Arena Football League). The Miami Fusion, a defunct Major League Soccer team played at Lockhart Stadium in nearby Broward County.