David Stern is Retiring in 2014 and Adam Silver Will Be the New NBA Commissioner

David Stern is Retiring in 2014 and Adam Silver Will Be the New NBA Commissioner

David Stern has had enough. The NBA Commissioner just announced that he will retire on February 1, 2014—exactly 30 years after he took over the reins of the league—in an email sent out to NBA executives. And, he announced his replacement as well: Current Deputy Commissioner Adam Silver

"The Board has selected Adam Silver to succeed me as NBA Commissioner," Stern said, "and I am very pleased with their choice. 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."

Stern also spoke at a press conference just a little while ago.

"I don't know what else to say other than to recite what I told the owners," he 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."

We get on Commissioner Stern. A lot. But, he did a ton for the NBA during his time with the league. So, we've gotta give him his props. Much respect, Commish.

RELATED: Like a Boss: A History of David Stern's Most Gully Moments

[via Yahoo! Sports]

Tags: david-stern, nba-commissioner, adam-silver
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