Originally posted on Fox Sports North  |  Last updated 10/25/12
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. "I decided that things are in great shape and there's an organization in place that will ultimately be led by Adam that is totally prepared to take it to the next level," Stern said. 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 and the NBA Development League. "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's 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." Stern is the one who got it there, taking over what was a second-rate league with little-to-no TV presence and making basketball one of the world's most popular sports. He cited the success of the 1992 Dream Team, which helped spark the league's international explosion, but said everything "just keeps getting better than that." "For the most part it's been a series of extraordinary experiences and enormous putting together of pieces of a puzzle and it goes on forever," Stern said. "And there will always be another piece of the puzzle and so the question is at what point do you decide that, let someone else do it? That's the point that I'm at now." Stern was the league's outside counsel from 1966-78, then its general counsel before becoming executive vice president of business and legal affairs from 1980-84. He replaced Larry O'Brien to become the league's fourth commissioner. The NBA has added seven franchises during his tenure. Minnesota Timberwolves owner Glen Taylor, the outgoing chairman of the Board of Governors, said the average player salary had grown from 250,000 when Stern took over to 5 million. The league has reported huge increases in ticket and merchandise sales, and TV ratings are at an all-time high. "There are all kinds of other business metrics we could look at that would define David as one of the great business leaders of our time," Silver said. Taylor and Spurs owner Peter Holt, who is replacing him as board chairman, said the owners will work to have a contract with Silver by April. Silver came to the NBA 20 years ago and served a variety of positions before becoming the deputy commissioner in 2006. Stern said he wouldn't leave until he knew there was a successor ready, and he has repeatedly said Silver is ready for that role. Stern said he would always remain available to take a call and help the league. "Life is a journey and it's been a spectacular journey," Stern said. "Each step along the way there are things that you have to do, things that you maybe wish you hadn't done. But I don't keep that list, and so I'm totally pleased and I'm particularly pleased with the transition of which we're now embarking."
Ios_download En_app_rgb_wo_45

What the Selection Committee taught us: Week 13

Majority of FIFA sponsors demanding independent review on reforms

Zack Greinke expected to choose between Dodgers, Giants by end of week

Reports: David Price, Red Sox agree to seven-year, $217 million contract

LSU officials’ media leaks about Les Miles blew up in their faces

Sam Bradford returns to practice, but does it matter for broken Eagles?


Cam Newton won’t be ‘lured in’ by talk of undefeated season

Report: Miami job is Mark Richt’s 'if he wants it'

WATCH: Cowboys’ security guard being investigated for choking Panthers fan

Mariners ‘trying hard’ to trade Mark Trumbo before Wednesday’s tender deadline

Bill Belichick: Patriots always looking to improve win or lose

NFL: Refs did not blow calls on Ravens' blocked FG return

Colin Kaepernick jerseys on sale at 49ers’ team store

Iowa’s Kirk Ferentz named Big Ten Coach Of The Year

Mid-American Conference Championship preview

Lakers trying to decide which Kobe Bryant jersey number to retire

Matthew Dellavedova is becoming a better passer

Ryan Kesler says the Ducks are 'too good not to be in the playoffs'

Tiger Woods’ career inches closer to an end after gloomy injury update

WATCH: LSU releases video to honor Leonard Fournette

Report: Jim Hackett’s tenure as Michigan’s interim AD is ending

Josh Norman pretends to be a movie character each game

Ex-Giants OL Chris Snee 'wanted to see the Jets lose all the time'

Kyle Long gives Bears tickets to trash collector who found wallet

Last of a dying breed: Kobe's retirement marks end of an era

NBA News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
Get it now!
Ios_download En_app_rgb_wo_45

MAC Championship preview

Tiger Woods’ career inches closer to an end after gloomy injury update

QUIZ: Name every NCAA football national champion since 1950

Browns lose to Ravens as only the Browns know how

NCAA figures out how to invite 5-7 teams to bowls

Ranking top Heisman Trophy candidates

Have the New Orleans Saints given up?

This weekend in NFL stupid, ft. Rex Ryan

Missouri won’t accept a bowl bid at 5-7

Durant blasts media on behalf of Kobe

Today's Best Stuff
For Publishers
Company Info
Follow Yardbarker