Overview

Gender

male

Investor Type

Angel

Investor Stage

Seed

David Stern completed his three-decade tenure as NBA commissioner on February 1, 2014.
As commissioner, Mr. Stern built the model for professional sports in league operations, public service, global marketing and digital technology. He oversaw the NBA’s extraordinary growth with seven new franchises, a more than 30-fold increase in revenues, a dramatic expansion of national television exposure and the launch of two leagues, the Women’s National Basketball Association and the NBA Development League. He implemented the first anti-drug agreement in professional sports and introduced the salary cap system and revenue sharing to the NBA.

The NBA experienced tremendous global growth during Mr. Stern’s tenure, and that growth continues today: The NBA has 12 offices outside the United States; its games and programming are televised and streamed in 215 countries and territories in 47 languages; and it offers fans 19 international online destinations. The NBA was the first U.S. professional sports league to stage regular-season games outside North America, and the league has played more than 150 international preseason and regular-season games to date.