Heat's Pat Riley Says He Has No Plans to Retire After NBA Season, '80 Is the New 60'

After 30 years with the Miami Heat and 80 years around the sun, Pat Riley has no plans to retire anytime soon.

"I just turned 80, and I'm proud of it and 80 is the new 60," Riley told reporters. "I mean, that's how I look at it. I feel great. I am competitive as hell."

Riley and the Heat wrapped up a 37-45 season, finishing 10th in the Eastern Conference and securing the No. 8 seed in the playoffs. Their season ended with a first-round sweep at the hands of the Cleveland Cavaliers.

"[Heat owner Micky Arison] and [Heat chief executive officer Nick Arison] and I met, they've been very good to me," Riley continued. "They said, 'Carry on, Pat.' I'm going to carry on and try to make this thing better."

The organization is aiming to rebuild its once championship-caliber level of play under Riley’s guidance, approaching the task with a renewed sense of urgency following back-to-back first-round playoff exits.

"It's a process," Riley said. "But I'm not going to deal with a long process, nor is ownership."

"I think we do have to make changes. There’s no doubt. There has to be some change," Riley said. "We probably won't run it back. But players aren't just going to show up. You have to make deals, you have to look at the board. You got to try to do something that's going to benefit something with your team and your two key guys, if they're your key guys and I think they are plus a lot of other players."