The Heat were founded in 1988 during major NBA expansion. Although the inaugural team lost their first 17 games, they 'rebounded' and finished 15-67. In the 1989 NBA Draft, the Heat selected Glen Rice with the fourth pick. He would take them to their first playoff appearance in 1992 against the Chicago Bulls, 1992 and 1995. Miami experienced new heights during the mid 90s with the hiring of Basketball Hall of Famer Pat Riley. He orchestrated deals that sent Rice to the Charlotte Hornets in exchange for center Alonzo Mourning. Tim Hardaway came abroad the following year and the Heat begun a streak that saw them reach the postseason a franchise record 6 straight times amid win four divisions titles. Those years were also marked with clashes with the Bulls and the New York Knicks, who eliminated them three straight years. (*)