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.

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."

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.