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10-25-2012, 05:01 PM
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OT: Stern to Step Down as N.B.A. Commissioner in ’14

Stern to Step Down as N.B.A. Commissioner in ’14
Published: October 25, 2012

David Stern will step down as N.B.A. commissioner on Feb. 1, 2014, the league announced Thursday.

“I don’t know what else to say other than to recite what I told the owners yesterday in executive session,” Stern, 70, said at a news conference. “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.”

Glen Taylor, the chairman of the Board of Governors, said the board unanimously authorized negotiations with the deputy commissioner Adam Silver to succeed Stern.

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