Miami Heat President and Head Coach Pat Riley has stepped down as Head Coach of the Miami Heat, but will continue to serve as team President. Former Assistant Coach/Director of Scouting Erik Spoelstra has been elevated to head coach. Spoelstra becomes the sixth head coach in franchise history.

Here’s Dwyane Wade reaction to the coaching change: “I am excited about the future of our organization….as head coach - Pat Riley has instilled in me values that enabled me to win a championship in just three seasons. I’ve seen him do the necessary things to make us winners and I believe that with his focus on being president and his commitment to the team - we will once again become a contender…I believe in Coach Spo and have complete confidence that our team will succeed with him at the helm.”

And here’s what Alonzo Mourning said: “A big reason for coming to Miami was to help Coach Riley build a winning team and franchise…we’ve experienced many rough times together on the road to the 2006 championship, and those experiences made the winning that much more gratifying. I admire Coach Riley and his accomplishments and I am also proud of Spo, who will now step into this position to take the organization back to our winning ways.”