Monday , Jul , 12 , 2004 C.Y. Ellis

Heat extend contracts of Van Gundy and Pfund

Miami, FL (Sports Network) – The Miami Heat Monday signed head coach Stan Van
Gundy and general manager Randy Pfund to multi-year contract extensions. Per
club policy, terms were not released.

“Randy and Stan are two of the most loyal, competent and reliable men at their
positions in the NBA,” said team president Pat Riley. “They have made many
significant contributions to the success of this organization over the past
nine seasons.”

Van Gundy took over the head coaching reigns of the Heat when Riley stepped
down on October 24, 2003. He guided Miami to a 42-40 record last season and
a second-place finish in the Atlantic Division. It marked a 17-win improvement
over the previous campaign.

Miami earned the fourth seed in the Eastern Conference and ousted the New
Orleans Hornets in seven games in the opening round of the playoffs before
being eliminated by the top-seeded Pacers in six games in the conference

Van Gundy, who finished third in the 2003-04 NBA Coach of the Year balloting,
joined the Heat prior to the 1995-96 season as an assistant and was promoted
to assistant head coach two years later.

During’s Pfund’s nine years with the Heat, Miami has captured four Atlantic
Division titles (1996-2000) and has qualified for the playoffs seven times,
including a franchise-record six consecutive appearances from 1996-2001.