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While that is true some teams in the short term will do better if they are not paying players salaries (next) season, our goal still is to not have a work stoppage and to get a deal done
Stern: New labor proposal in near future Apr 16, 2011
Laurel combines extraordinary marketing and brand management skills, with a tremendous enthusiasm to help evolve young women into leaders
Laurel Richie to be WNBA president Apr 21, 2011
We made what we think is a very significant offer to the players to avoid a work stoppage
NBA owners push for 'flexible' salary cap Jun 21, 2011
We had a great year in terms of the appreciation of our game
NBA orders player lockout Jun 30, 2011
I don't really know that (the size of the negotiating teams) is a positive or negative
NBA owners, players hold lengthy meeting Sep 08, 2011
David Joel Stern (born September 22, 1942) is the commissioner of the National Basketball Association. He began his relationship with The Association in 1966 as outside counsel, joined the NBA in 1978 as General Counsel, and became the league's Executive Vice President in 1980. He became Commissioner in 1984 succeeding Larry O'Brien. He is credited with increasing the popularity of the NBA in the 1990s and 2000s. Stern has served on the Rutgers University Board of Overseers and currently serves as Chair of the Board of Trustees of Columbia University. He is also a member of the Council on Foreign Relations.
David Stern was born on September 22, 1942 in New York City, New York. He grew up in Teaneck, New Jersey in a Jewish family, and is a graduate of Teaneck High School. Stern attended Rutgers University, where in 1960 he pledged to the Sigma Delta Chapter of Sigma Alpha Mu Fraternity. He graduated as B- dean's-list history student in 1963 and graduated from Columbia Law School in 1966, and was admitted to the bar in New York later that year after passing the state's bar examination.
His first association with the NBA in 1966 was as an outside counsel at Proskauer Rose. In 1978, Stern became the NBA's General Counsel under Larry O'Brien. By 1980, he was Executive Vice President of the NBA. During this time, two landmark decisions were reached with the NBA Players' Association: drug testing and team salary cap. The drug testing dealt with the perception that most basketball players used drugs, that the NBA admitted it had a problem, and it was cleaning it up. The salary cap created a revenue-sharing system where owner and player were effectively partners. Both of these agreements solidified Stern's standing inside NBA circles.