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David Stern retires from the NBA as commissioner



(Reuters) - A new era began for the National Basketball Association (NBA) on Saturday when David Stern's 30-year run as commissioner ended with his deputy, Adam Silver, taking over the helm.

Stern had stated in October 2012 his intention to retire after exactly 30 years in charge and the league's owners unanimously approved Silver as his successor.

The handover was officially confirmed by the NBA on its Twitter account on Saturday with a picture of Silver, holding a basketball, shaking hands with Stern, who is the league's longest-serving commissioner.

Above the photograph, a caption read: "It's official: Adam Silver succeeds David Stern as #NBA Commissioner."

The league will now begin using game balls bearing Silver's signature.

Stern, 71, said in a statement: "It is a source of great satisfaction to me that the NBA will now be led by commissioner Adam Silver, for whom I have tremendous admiration, respect and expectations as he and his experienced and dedicated team take the NBA to successes that were unimaginable even a short while ago."

Stern had presided over a period of expansion and growth for the NBA, both domestically and internationally, and in 2011 he concluded a new Collective Bargaining Agreement with players after a five-month lockout.

During his tenure, six NBA franchises were relocated (Clippers, Kings, Grizzlies, Nets, Hornets and Sonics) while seven new teams were brought in (Hornets, Timberwolves, Heat, Magic, Grizzlies, Raptors and Bobcats).

Stern's departure on February 1 marked the 30th anniversary of his takeover as commissioner from Larry O'Brien.

Silver has been an NBA executive for 21 years and the league's deputy commissioner and chief operating officer since July 2006.

The 51-year-old Silver previously had eight years as president and chief operating officer of NBA Entertainment, the film production arm of the league.

According to the league, Silver had played a key role in the negotiations of the NBA's last two television agreements.

"The opportunities for this league are truly limitless. I'm honored, thrilled and will do my absolute best to grow this league, and this industry, only try to do it the same way David has done over the past 30 years," said Silver.

David Stern Retires as NBA Commissioner, Adam Silver Takes on Role

(Reporting by Mark Lamport-Stokes in Los Angeles; Editing by Gene Cherry)

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timjofred February 02 2014 at 11:12 AM

As a Seattle Sonics fan I can truthfully say good riddance and what took you so long. He should have left ten, no, twenty years ago. Instead of helping Seattle keep the Sonics you let the carpetbaggers from Oklahoma City steal them away. Then he did everything possible to keep the Kings in Sacramento. Where is the equity and the fairness in that? Go to hell, David Stern.

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Dan February 01 2014 at 11:09 PM

The NBA is crooked and corrupt league. How come the smaller city teams that don't have "shoe contract" stars never dominate like the big market teams do? Yes Dallas beat Miami in the finals and San Antonio has multiple titles to thier name but the BIG market teams always find a way regardless of the regular season statistics and all the time fans are booing "bad calls". It's by design and Stern was the architect, all for maximised TV ratings and biggerTV contracts. Maybe I'm just some crazy conspiracy therorist but remember this in the spring when Indiana the top seed in the east gets beat by Miami who the goes up against the Clippers or OKC in the finals, because Indiana vs OKC or San Antonio equals very low ratings , yet Kevin Garnett defeating Goliath James is must see TV.

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1 reply
David S. Dan February 02 2014 at 7:31 AM

You are correct --- you are a conspiracy theorist.....

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nyriza February 01 2014 at 11:43 PM

Now if Bettman retired, that would be great.

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wjlldl February 02 2014 at 1:06 AM

He should have been gone a long time ago. The strike was his fault. GOOD BYE.

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cact25 February 02 2014 at 4:08 AM

Why do we need a Commish? Can't the owners form a ccommittee that make the Commish redundant?

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CMEL57 February 02 2014 at 8:15 AM

Good bye and good riddance Davey boy. You did absolutely nothing for the NBA in your 30 years as commissioner except top ruin it.

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badasstruc February 02 2014 at 9:57 AM

guy screwed the nba so bad, cant wait to move on from him

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middieman75 February 02 2014 at 10:20 AM

about 25 years Late for the Good of the Sport!!

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red neck greek February 02 2014 at 10:50 AM

TWICE

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red neck greek February 01 2014 at 11:08 PM

I know he made a pretty penny when New orleans got the number 1 pick over charlotte bobcats, who had the worst record in NBA history.SMALL market teams never get the calls.long life and prosper well david..

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1 reply
jimmyv033 red neck greek February 02 2014 at 3:47 AM

bobcats did get screwed on that...............

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1 reply
red neck greek jimmyv033 February 02 2014 at 10:53 AM

TWICE

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