There's a photo that Miami Heat president Pat Riley keeps in his office. It's of Jimmy Butler, exhausted in Game 5 of the 2020 NBA Finals, catching his breath while slumped over a barrier that surrounded the court at Walt Disney World.

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.

Pat Riley candidly addresses the "ugly" rift with Jimmy Butler amid speculation about the Warriors' trade success.