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RILEY REPORTEDLY SENT HEAT DEMANDS BEFORE LEAVING N.Y.
Published August 25, 1995
Former Knicks coach Pat Riley "was already laying the groundwork" to become the next Heat coach when he resigned over "philosophical differences" over control of the Knicks on June 15, according to this morning's N.Y. TIMES. Mike Wise reports that Riley outlined demands to the Heat in a 14-point memo to the team. The memo reportedly includes a request by Riley to secure an immediate 10% stake in the team and another 10% over the length of the contract. NBA Commissioner David Stern is expected to rule early next week on whether the Heat violated league tampering rules if the two teams cannot come to an agreement (N.Y. TIMES, 8/25).