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DOES PAT WANT TO WEAR TWO HATS -- COACH AND PART- OWNER?
Published August 23, 1995
Pat Riley wants part-ownership in the Heat, along with its head coaching job, according to Barry Jackson in this morning's MIAMI HERALD. Riley "is believed to be interested in securing" between 10-20% of the franchise. Sources say Riley has already received a "multiyear, multimillion dollar contract offer" to coach. Jackson notes that "when asked during the summer of 1994 if he was interested" in coaching the Clippers, Riley sent a message to the team, "through friends": "Just to listen, it will cost you 25 percent of your team" (MIAMI HERALD, 8/23). In this morning's SUN-SENTINEL, Ira Winderman reports that Riley, besides his coaching staff, would like to add to the team's front office "which is already crowded." Winderman reports that former Riley assistant Randy Pfund could be a candidate for the team's front office (Ft. Lauderdale SUN-SENTINEL, 8/23).