NBA Commissioner David Stern speaks to the media before Game 1 of the NBA Finals on Tuesday. (PHOTO: US PRESSWIRE)
NEW YORK - NBA Commissioner Davis Stern announced his plans for retirement during 2012 NBA board of governors meetings Thursday. He says he will officially step down on February 1, 2014.
Adam Silver, who joined the NBA in 2003 and has served as deputy commissioner since 2006, will be presented to the board by Stern as his hand-picked successor. No timeline, however, has yet been publicly set for this to happen.
Stern, 70, joined the NBA as outside council in 1966. In 1984 he took up the role of league commissioner, supplanting the then outgoing Larry O'Brien.