David Stern

Date of Birth: September 22, 1942

Zodiac Sign: Virgo

Date of Death: January 1, 2020

Biography

David Stern is a renowned American businessman best known for his transformative role as the Commissioner of the National Basketball Association (NBA). Appointed as the NBA Commissioner in 1984, Stern’s tenure lasted for an impressive 30 years until his retirement in 2014. During his time as Commissioner, Stern significantly increased the global popularity of the NBA, turning it into a multibillion-dollar enterprise. He was instrumental in expanding the league from 23 to 30 teams, fostering international appeal by promoting global NBA games, and introducing innovations like the NBA Draft Lottery and the salary cap. Stern’s leadership not only increased the commercial success of the league but also helped to enhance the professional image and global reach of basketball.

5 Interesting Facts about David Stern

1. David Stern played a pivotal role in establishing the Women’s National Basketball Association (WNBA) in 1996.

2. Stern was inducted into the Naismith Memorial Basketball Hall of Fame in 2014.

3. He was a strong advocate for social justice and implemented various NBA programs to support community development.

4. Under his leadership, NBA revenues increased from $165 million to $5.5 billion.

5. Stern oversaw the introduction of NBA TV and the launch of the NBA’s digital presence.

5 Most Interesting Quotes from David Stern

1. “Our job is to give people who work hard all week something to enjoy on weekends.”

2. “Sports is a metaphor for overcoming obstacles and achieving against great odds. Athletes, in times of difficulty, can be important role models.”

3. “We are in the business of helping people make memories.”

4. “The NBA is a global brand, and its influence continues to grow.”

5. “Basketball is more than a game; it’s a community.”

Highest Net Worth Achieved

At the peak of his career, David Stern’s net worth was estimated to be around $135 million.

Children

David Stern had two children with his wife, Dianne Bock Stern. Their sons are named Eric Stern and Andrew Stern. Both children have pursued their own successful careers outside of the basketball world.