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Pat Riley Sued for Keeping Land Deal Profits to Himself

Heat President Pat Riley has bigger problems this summer than just trying to re-sign guard Dwyane Wade. Riley is being sued for $5.5 million by a real estate broker who says the Hall of Fame coach didn't live up to a promise he made to break him off a piece...
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Heat President Pat Riley has bigger problems this summer than just trying to re-sign guard Dwyane Wade. Riley is being sued for $5.5 million by a real estate broker who says the Hall of Fame coach didn't live up to a promise he made to break him off a piece of $50 million he earned on a land deal stemming back to 1990s.

According to CBS4, Randy Hill claims he put together a deal for Riley to buy 700 acres of land near Fort Myers in 1998 for $12.5 million. Thanks to housing and retail shops built on the land, Hill says Riley made out like a bandit over the years but never paid the broker what he had initially promised. Riley, of course, denies any promise of compensation. Maybe he could go to his All-Star guard Dwyane Wade for advice on how to handle the case after the latter settled a $25 million suit with former business partners earlier this year. The case is set for trial August 28.

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