NBA Rumors: David Stern to announce retirement

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Updated: October 25, 2012
david-stern

Drum roll please.

Most NBA fans will jump for joy with what I’m about to tell you.

According to Marc Stein of ESPN, David Stern will announce late Thursday that he is retiring on Feb. 1, 2014.

“This is a 10-year (labor) deal, with a re-opener at six,” Stern said at the time, explaining that either the owners or the players union can opt out after six seasons. “I’m not planning to be here certainly for the 10 and probably not the six.”