According to Adrian Wojnarowski of YahooSports, David Stern will retire from his responsibilities as Commissioner of the NBA on February 1, 2014.
Stern, who was named commissioner on February 1, 1984, is set to resign on his 30th anniversary as league coordinator.
In an email sent to the owners, Stern had the following to say about his succession and his time as the leader of the NBA:
The Board has selected Adam Silver to succeed me as NBA Commissioner, and I am very pleased with their choice,” Stern said in the email. “As you know, Adam is a world-class business executive who has influenced so many areas of our business during his 20-year tenure with the league, from television, to digital, to international, to merchandising, to sponsorships, to team business, to, of course, labor negotiations. I know that the organization will be in very good hands when Adam becomes Commissioner.
“What we have achieved together and will continue to achieve is extraordinary – and we will have 15 months to talk about it.”
Stern, who led the NBA through two lockouts (1998 and 2011), helped usher in some of the most incredible eras of basketball history. Despite all the ridiculous conspiracy theories (2012 NBA Draft, 1985 bent corner), Stern was a consistent and staying force as commissioner, and was regarded as one of the most effective to ever hold the job. His policies throughout the years have strengthened both the league and the players, making basketball one of the world’s most popular sports. Stern’s accomplishments as pertaining to the globalization of the sport will forever be remembered as the dawn of modern basketball. The NBA is currently filled with foreign players thanks to Stern’s overseas outreach, and is undoubtedly better off with their contributions than without them.
Adam Silver, who you all unfortunately know as the bald dude with glasses who disagreed with everything Billy Hunter said during the lockout, is set to replace Stern upon his resignation. Silver has served as Deputy Commissioner and Chief Operating Officer of the NBA since 2006. His greatest accomplishment is undoubtedly his contributions to the production of “Like Mike.”