NEW YORK (AP) -- NBA Commissioner David Stern will retire on Feb. 1, 2014, 30 years after he took charge of the league. He will be replaced by Deputy Commissioner Adam Silver.
The announcement came at an NBA Board of Governors meeting Thursday.
Stern told owners during their two days of meetings of his plans, and the board unanimously decided Silver would be his successor.
Stern, who turned 70 last month, became commissioner on Feb. 1, 1984. He has been the NBA's longest-serving commissioner, establishing the league's brand around the world, presiding over team expansion and overseeing the establishment of the WNBA.
"You'll be remembered as the best of all-time," Silver told Stern, sitting to his left on a podium during a news conference.
Stern said he decided on his plans about six months ago, having guided the league through a lockout that ended nearly a year ago. He said the league is in great shape and he is confident in Silver, who has been the league's No. 2 since 2006.
"I don't know what else to say other than to recite what I told the owners yesterday in executive session," Stern said. "I told them that it's been a great run, it will continue for another 15 months, that the league is in, I think, terrific condition."
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Monday, June 10 2013 9:27 PM EDT2013-06-11 01:27:08 GMT
Tom Thibodeau and Monty Williams are joining the U.S. Olympic men's basketball team, adding two respected defensive coaches to Mike Krzyzewski's staff.
Tom Thibodeau and Monty Williams are joining the U.S. Olympic men's basketball team, adding two respected defensive coaches to Mike Krzyzewski's staff.
Wednesday, May 15 2013 8:09 PM EDT2013-05-16 00:09:06 GMT
Chicago Bulls mascot Benny the Bull topped the 2013 list of "America's Most Popular Sports Mascots" according to the annual survey of fans conducted by The Marketing Arm's Davie Brown Index.
Chicago Bulls mascot Benny the Bull topped the 2013 list of "America's Most Popular Sports Mascots" according to the annual survey of fans conducted by The Marketing Arm's Davie Brown Index.
Tuesday, May 14 2013 4:19 PM EDT2013-05-14 20:19:15 GMT
Dwyane Wade is limping around in obvious pain. LeBron James' shooting percentage is down. Shane Battier and Ray Allen have struggled to get anything going from 3-point range.
Dwyane Wade is limping around in obvious pain. LeBron James' shooting percentage is down. Shane Battier and Ray Allen have struggled to get anything going from 3-point range.
Monday, May 13 2013 10:07 PM EDT2013-05-14 02:07:52 GMT
LeBron James scored 27 points and the Miami Heat nearly matched a franchise record for points allowed in a playoff game, pounding the listless and short-handed Chicago Bulls 88-65 on Monday night.
LeBron James scored 27 points and the Miami Heat nearly matched a franchise record for points allowed in a playoff game, pounding the listless and short-handed Chicago Bulls 88-65 on Monday night.
Saturday, May 11 2013 11:26 PM EDT2013-05-12 03:26:41 GMT
Bosh scored 20 points and hauled in 19 rebounds to help the Heat beat the Bulls 104-94 victory. Boozer wasn't bad, either, with 21 points for Chicago, but it was Miami coming away with a 2-1 lead in the series
Bosh scored 20 points and hauled in 19 rebounds to help the Heat beat the Bulls 104-94 victory. Boozer wasn't bad, either, with 21 points for Chicago, but it was Miami coming away with a 2-1 lead in the series
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