David Stern called it quits today. Over 30 years and billions of dollars later, it’s hard to deny the impact he had on the NBA. Stern grew the league to new heights. When he became commissioner in 1984, annual revenue of the league was $165 million, today it’s more than $5.5 billion. When he started, the average player salary was a mere $290,000, currently it’s $5.15 million. He had help along the way. Magic Johnson, Michael Jordan, Shaquille O’Neal, Kobe Bryant and LeBron
Schayes: End of an Era With David Stern Retiring
As we approach February and the 2014 All Star Weekend, the league will approach a milestone that for the vast majority of NBA players, fans, and executives will represent uncharted waters .. . the great unknown. David Stern will not be the commissioner. As Stern retires after serving a 30-year term as commissioner, the game as we know it today is largely a product of his influence. Stern took over as commissioner when Michael Jordan and Hakeem Olajuon entered the league and Bird/Magic