What is Pat Riley’s Net Worth and Salary?
Pat Riley is an American professional basketball executive, as well as a former coach and player in the NBA who has a net worth of $120 million. He is perhaps best known as the former head coach of the Miami Heat, a position that he held from 1995 until 2003 before once again coaching the team from 2005 to 2008. He also experienced considerable success with the Los Angeles Lakers during their “Showtime Era.” Over the course of his coaching career, Riley has won five NBA championships. These achievements have led many experts to call him one of the greatest NBA coaches of all time.
Prior to his coaching career, Riley was also an accomplished player in the NBA. Today, he is best known as an executive. This wide range of roles within the NBA have allowed him to win a championship as a player, an assistant coach, as an executive, and as head coach. He was the first North American sports figure to accomplish this feat. In 2012, he was given the Chuck Daly Lifetime Achievement Award from the NBA Coaches Association.
Patrick James Riley, an esteemed figure in NBA history, was born on March 20, 1945. Known as “the Godfather,” Riley has been influential in the National Basketball Association as a professional basketball executive, former coach, and former player. His illustrious career includes being the team president of the Miami Heat since 1995, where he has also held the position of head coach at different intervals. Riley has the distinction of winning five NBA championships as a head coach, with an impressive tally of nine NBA championships across various roles including player, assistant coach, head coach, and executive.
Coaching Accolades and Contributions
Riley’s coaching prowess earned him the title of NBA Coach of the Year three times, leading teams in both the Western and Eastern Conferences. His strategic insights brought him to the helm of an NBA All-Star Game team nine times. Recognized as one of the 10 Greatest Coaches in NBA history in 1996, Riley has been a part of NBA finals in six different decades—a testament to his longevity and success in the sport.
Early Years and Formative Experiences
Born in Rome, New York, and raised in Schenectady, Riley’s passion for sports was evident early on. His father, Leon Riley, was a minor league baseball player who briefly played for the Philadelphia Phillies. Patrick Riley honed his basketball skills at Linton High School, playing under the tutelage of Walt Przybylo and assistants Bill Rapavy and Ed Catino. His high school victory over Power Memorial is famed for featuring two future basketball luminaries: Lew Alcindor (later Kareem Abdul-Jabbar) and Riley himself.
College Basketball Career
Riley’s basketball prowess continued to grow at the University of Kentucky, where he played under legendary coach Adolph Rupp. His contributions led the Wildcats to the 1966 NCAA title game. Riley earned accolades such as First Team All-SEC and AP Third Team All-American, leaving a lasting mark on Kentucky basketball.
NBA Playing Career
The San Diego Rockets selected Riley as the seventh overall pick in the 1967 NBA draft, setting the stage for his professional playing career. Interestingly, Riley was also drafted for football by the Dallas Cowboys despite not playing the sport in college. After three seasons with the Rockets, he was part of the expansion draft for the Portland Trail Blazers but was soon traded to the Los Angeles Lakers. As a Laker, Riley was a key reserve on the 1972 NBA Championship team. He ended his playing career with the Phoenix Suns, retiring in 1976 with a respectable career average of 7.4 points per game.
In his executive role, Riley has continued to shape the NBA landscape, most notably winning the 2012 and 2013 NBA championships with the Miami Heat. His significant contributions to basketball were honored with the Chuck Daly Lifetime Achievement Award in 2012. Riley’s career in the NBA, marked by his various roles and achievements, has been a showcase of dedication, adaptability, and a deep understanding of the game.