Pat Riley is a highly celebrated former NBA coach and player and team president of the Miami Heat since 1995. With 5 NBA titles under his belt, Riley has also seen the rewards flow in throughout his career.
Riley is 78 years old and here is everything you need to know about his net worth, salary, career, personal life, and more.
Pat Riley Facts
|Birth Place||Rome, New York, USA|
|Father’s Name||Carl Ewing|
|Mother’s Name||Dorothy Ewing|
|Net Worth (2023)||$120 million|
|Salary (2023)||$11 million (Estimated)|
|Date of Birth||March 20, 1945|
|Height (ft)||6 ft 4 in (1.93 m)|
|Weight (kg)||205 lb (93 kg)|
|NBA Draft Year||1967|
|NBA Draft Pick||Round 1, Pick 7th overall|
|Teams||AS PLAYER: Rockets, Lakers, Suns (NBA); AS COACH: Lakers, Knicks, Heat|
Pat Riley Net Worth And Salary
If you are a fan of the NBA, you must have heard of the legendary Pat Riley. The man is thought to be worth $120 million as of 2023. He has made a lot of money reaching the pinnacle of the sport as a player, coach, and executive. He made $40 million from his contracts with Miami Heat alone with residences worth $11.75 million and $16.75 million in Apogee condominium in Apogee and Coral Gables estate respectively. It is said that he sold off the latter which he originally purchased in 1996 for $6.3 million. In 2014, he also purchased two properties in Malibu for rent, listed at $18,500 per month and $16,500 per month.
His salary is somewhere around $11 million in 2023.
Riley’s work off the NBA court has been his most lucrative since contracts were not worth as they are today back in his playing days. He made $50,000 from a speaking engagement during the NBA off-season.
Pat Riley also brilliantly trademarked the term “three-peat” through his enterprise Riles & Co. Anytime someone uses the term commercially, Riley is set to make a quick profit. He made a fortune in royalties when the Chicago Bulls pulled off two three-peats.
Pat Riley Basketball Career
Pat Riley comes from athletic heritage. His father was a recognized Minor League Baseball player as Pat represented Kentucky for four seasons at the collegiate level. Despite not playing football in college, the Dallas Cowboys picked him in the 11th round of the 1967 NFL draft. Riley chose to stick with basketball and was picked seventh overall by the San Diego Rockets. He played a major part in the Lakers’ championship season in 1972 as a reserve and then retired four years later averaging 7.4 points in his playing career.
It was in a head coaching position where Riley’s talents really came to light. He was hired as an assistant coach for the LA Lakers and that year itself, the team won an NBA ring. He then led the Showtime Lakers after being named as head coach, winning three championships in a row and making four final appearances. The term “three-peat” with superstars like Magic Jordan in the side really elevated NBA’s popularity across the globe.
The former shooting guard stepped down from his coaching position in 1991 to join the New York Knicks. He could bring the same level of success to his hometown but won another championship in Miami. He oversaw a young trio of Lebron James, Chris Bosh, and Dwayne Wade to two NBA titles in 2012 and 2013. Overall, the man has 10 NBA rings to his name, three as an executive. He was also named NBA coach of the year three times in his career and won the Chuck Daly Lifetime Achievement Award from the coaches in 2012.
Pat Riley Personal Life
Pat Riley is an enigmatic basketball figure but he has recently become a pop-culture persona. His signature look of slicked-back hair and shiny suits has earned him the nickname “The Godfather”. He even has a close relationship with Giorgio Armani, choosing to wear Armani suits throughout his career in the public eye.
His book from 1998 – “Showtime: Inside the Lakers’ Breakthrough Season” turned into a New York bestseller. Riley married Chris in 1970 and has two children, Elisabeth and James. During the trophy ceremony at the White House in 2007, Riley controversially presented a jersey to George W. Bush.
FAQs About Pat Riley
Pat Riley is 78 years old as of 2023.
Pat Riley is on the 2008 Naismith Hall Of Fame inductee list.
Pat Riley went to the University of Kentucky.
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