NEW YORK, United States – Adam Silver’s contract as commissioner of the NBA has been extended through the 2023-24 campaign, NBA board of governors chairman Larry Tannenbaum announced Wednesday, June 27.
Tannenbaum, owner of the Toronto Raptors, did not disclose financial terms of the new deal, which will stretch Silver’s time as the 5th commissioner in NBA history beyond a full decade.
Silver, who began working for the league in 1992, served as deputy commissioner and chief operating officer of the NBA for 8 years until replacing David Stern on February 1, 2014.
Other former NBA commissioners include Maurice Podoloff, J. Walter Kennedy and Larry O’Brien.
Silver’s tenure saw major controversy after only 3 months when former Los Angeles Clippers owner Donald Sterling was banned from the league for life by Silver over racist comments made by Sterling revealed during a private telephone conversation with Sterling’s girlfriend.
Silver fined him the maximum $2.5 million allowed under NBA rules and urged league owners to expel Sterling as owner of the Clippers, which they eventually did, selling the club to former Microsoft chief executive Steve Ballmer. – Rappler.com