Pat Riley on Tuesday said he expects the Miami Heat to be a contender, while also acknowledging he had concerns this offseason about losing guard Dwyane Wade during free agency.
The Heat president, who appeared on ESPN Radio, expressed optimism about rebounding from last season's lottery finish, having added Duke swingman Justise Winslow in the NBA draft and Amar'e Stoudemire and Gerald Green in free agency.
"I think this team has the opportunity and the possibilities of being a contender," he said, having yet to address the additions of Stoudemire and Green beyond a statement in a press release. "And that's where you start with a team like this."
He also offered insight into having concerns about losing Wade a summer after losing LeBron James in free agency in 2014 back to the Cleveland Cavaliers. Riley confirmed that owner Micky Arison and lead Heat executive Nick Arison brokered the agreement for Wade's return.
"There was a time when I said anything is possible because of what had happened with LeBron," Riley said, with Wade in June utilizing various platforms to address opting out of the final year of his previous contract and then entering free agency.
"Yeah, I had some concern because we have lost players before and my dream, or our dream, or whatever it was that we had put together in 2010, had not shattered, but had changed."
Wade agreed to a one-year, $20 million contract in July, to return to free agency next summer. The Heat did not hold a media session in the wake of Wade's return, nor did Riley previously address those negations beyond issuing a statement.
That has Wade back in what likely will be a starting lineup with Chris Bosh, Hassan Whiteside, Goran Dragic and Luol Deng. Dragic was re-signed this summer, with Deng bypassing an opt-out.
"I think this team has all of the elements of a championship team," Riley said. "Now, whether or not you could ever win a championship will depend on a number of factors, and here we go."
The Heat open camp Sept. 29, with their preseason opener Oct. 4 against the Charlotte Hornets and their regular-season opener Oct. 28 against the Hornets at AmericanAirlines Arena.
"It's going to come down to this: health. It's going to come down to this: performance. It's going to come to this guy and that guy. And it's going to come down to: can you make shots?" Riley said.
Riley spoke as if hearkening back to a previous era, when he coached the team.
"I just looked at it as, when I was coaching, and it probably got me in trouble, I always looked at it a simply getting down into the trenches, it was hand-to-hand combat, you keep people out of the paint, you rebound the ball, you defend with passion, you come every day because you loved your job and you loved to compete and you can't wait to get to the next game."
After four consecutive trips to the NBA Finals with James, Wade and Bosh, and then after last season's dip into the lottery, Riley stressed renewal.
"We have an opportunity to create a new first," he said. "Every single day you have that opportunity and so that's how I feel about this team."