NBA Commissioner David Stern To Retire In 2014
According to reports from the NYDailyNews.com David Stern will retire after two more seasons. Stern has been commissioner longer than some of his players have been alive, for crying out loud. Stern, a former lawyer, took over as commissioner in 1984. He succeeding then commissioner Larry O’Brien. In his 28-years to date, he has seen seven new franchises, 28 new arenas, and four lockouts, with the last one coming in 2011.
Insiders say that David Stern is planning to tell NBA owners at their April Board of Governors meeting that he’s good for two more seasons, and that he’ll step down as commissioner. “At one point, he had talked about doing it for one more season, but it looks now like two more,” said a league source.
League suits say there probably won’t even be a search conducted to find a successor and that deputy commissioner Adam Silver is a lock to succeed Stern, with one source saying Stern’s lieutenant has the backing of almost 90% of the owners. All he needs is a simple majority.