Miami Heat: Pat Riley Plots to Keep Generational Team Together

  Google+  Twitter | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn
Washington Wizards v/s Miami Heat December 18, 2010

Source: Keith Allison, Flickr

“You have to have a big-picture approach. That’s what I do best; I try to see the big picture. Look at the reward they have. They got exactly what they wanted. Look at where they were before and look at what’s happened to them,” Riley¬†said to ESPN. “It would be very hard for me to think anybody would walk away from the possibility of making this a long-term happening that can go for 10 or 12 years.” With Bosh, Wade, and James all stating that they will most likely stay in Miami, Riley’s job is to convince other players to check their egos at the door and come in around the edges to play fourth, fifth, and sixth fiddle while filling in the cracks.

The luxury tax threshold for the 2013-2014 season was $71.7 million, per¬†Teams that are into the luxury tax are unable to offer players the same kind of contracts as teams below the threshold and are reduced to committing to the veteran’s minimum, rookie deals, and what’s called the Mini-MLE, or mid-level exception — about $3 million a season. But Pat Riley remains confident that the Heat will keep their Big Three together and remain a destination squad, even if the financial incentives aren’t quite as high.

“With our three guys, we hope that this turns into a generational team,” Riley said. “And that it’s not just we’re at the end of this four-year run right now because players have some options this summer.”

More From Wall St. Cheat Sheet:

More Articles About:

To contact the reporter on this story: To contact the editor responsible for this story:

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business