During his end-of-season press conference on Friday, Miami Heat president Pat Riley addressed the Jimmy Butler trade, a potential Tyler Herro contract extension and where the team that finished 10th in the East will go from here. On that last point: The Butler era is over, but the Heat aren't in tank mode, according to Riley.

Miami Heat team president Pat Riley didn't express regret when addressing the Jimmy Butler situation for the first time since the Heat traded him to Golden State.

Miami Heat president Pat Riley doubled down on his decision not to give Jimmy Butler a contract extension prior to his Golden State Warriors trade.