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Friday, December 13, 2013

NBA Commissioner David Stern to 'Stand Down' in 2014

NBA commissioner David Stern will stand down from his role in February 2014 after 30 years at the helm.
Glen Taylor, chairman of the NBA's board of governors, said the board had authorised negotiations with deputy commissioner Adam Silver to succeed Stern, who is the league's longest-serving commissioner.

Stern, 70, has presided over a period of expansion and growth for the NBA, both domestically and internationally, and last year concluded a new Collective Bargaining Agreement with players after a five-month lockout.

 Stern's departure date will mark the 30th anniversary of his takeover as commissioner from Larry O'Brien.
Stern said he was delighted to be handing over to his number two.

Silver has been an NBA executive for 20 years and the league's deputy commissioner and chief operating officer since July 2006. His appointment as commissioner is expected to be formally confirmed in April.

The 50-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.

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