David Stern
was elected commissioner of the National Basketball Association
(NBA) in February 1984. He is the fourth commissioner since
the NBA's establishment in 1949.
Under Stern's leadership, the NBA has added six franchises,
and its revenues have increased fivefold (through the year
2001). With Stern at the helm, the NBA has become a television
staple, the WNBA women's professional league was successfully
launched, and NBA offices have been opened in eight cities
outside North America, with NBA games televised in 175 countries.
During his tenure, Stern's hand appears in virtually every
matter that has shaped the NBA and provided blueprints for
other professional sports organizations. He was key to the
1976 landmark settlement between the NBA and its players
that led to 'free agency"; to the collective
bargaining agreement that introduced revenue sharing and
the salary cap; to pro sports' first anti-drug agreement;
to development of NBA Properties as the League's marketing
arm; and to the creation of NBA Entertainment.
David Stern's association with the NBA began in 1966, when
he became its outside legal counsel. He joined the League in
1978 as general counsel and, in 1980, became its executive
vice president.
Recent Events
"(JTA) — David Stern, who in three decades as NBA commissioner guided the league from financial distress to become a multibillion-dollar global enterprise, died Wednesday. He was 77."
"His philanthropy through the Dianne and David Stern Foundation with his wife included a number of Jewish causes, according to Inside Philanthropy." Read the full article online.
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