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What you need to know for 07/27/2017

New owner of Pat Riley's $16.8M home is tearing it down

New owner of Pat Riley's $16.8M home is tearing it down

Miami Heat President Pat Riley sold his bayfront mansion for $16.8 million last March, and it's all

Miami Heat President Pat Riley sold his bayfront mansion for $16.8 million last March, and it's all being torn down, according to a story on the Miami Herald's website.

The former Linton High School basketball standout's 12,856-square-foot house has a theater, wine cellar, library, and a sprawling pool with waterfalls and an aqua bar. But the buyer is more interested in the Biscayne Bay lot than the home, and he plans on tearing the structure down.

For more, including photos, see the Miami Herald story.

Riley coached the Los Angeles Lakers to four NBA championships and coached the Miami Heat to one championship.

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