SBD/5/Franchises

RILEY MOVES OUT OF HELL'S KITCHEN, READY TO TAKE THE HEAT

     The Knicks and Heat reached an agreement to settle the
tampering accusations leveled by New York for Miami's alleged
interest in Pat Riley.  The NBA announced Friday the Knicks will
receive a first round draft pick from Miami -- conditionally
Atlanta's '96 pick -- along with $1M in exchange for the rights
to talk with Riley (NBA).  The Heat announced a 10-year deal
Saturday with Riley that will pay him $15M over the first five
years of his contract.  Riley will gain an ownership stake in the
team, along with the title of Head Coach and President (Amy
Neidzielka, MIAMI HERALD, 9/3).  Riley's stake "will likely be
tied" to how long he stays (Barry Jackson, MIAMI HERALD, 9/2).
     REACTION:  In Miami, the reaction was generally very
positive, with expectations of Riley taking the Heat to a
championship.  The team ran a full-page ad in Sunday's HERALD:
"New Coach.  New Team.  New Attitude.  Welcome Pat Riley" (MIAMI
HERALD, 9/3).  Sources say both sides came to an agreement due to
the belief that NBA Commissioner David Stern "was going to rule
against Riley ever coaching in Miami" (Fred Kerber, N.Y. POST,
9/4).  ESPN's Jack Edwards: "Miami gave the NBA's greatest
control freak ultimate control -- Coach and President.  Sort of
sounds like one of those titles of mid-century Eastern European
dictators bestowed upon himself" ("SportsCenter," ESPN, 9/2).
     NEW YORK STORY:  In an interview with the N.Y. DAILY NEWS,
Riley said MSG/Knicks President Dave Checketts "went from
becoming my ally to my adversary."  Riley said his relationship
with Checketts deteriorated during MSG's two ownership changes --
 from Paramount to Viacom, and Viacom to ITT (N.Y. DAILY NEWS,
9/3).
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