David Stern: Former Commissioner of NBA’s Net Worth, Age & Bio
by CELEBTATTLER | VIEW 179
David Stern is the former commissioner of the National Basketball Association (NBA) who started as an outside counsel, joined the NBA in 1978 as General Counsel and later became the league's Executive Vice President. Following, he became Commissioner in 1984 and is often credited for increasing the popularity of the NBA.
[David Stern] David Stern Stern is one of the activist in the NBA who helped to popularize in the 1990s and 2000s. In February 2014, Stern became a member of the Naismith Memorial Basketball Hall of Fame and in 2016, became a member of the FIBA Hall of Fame.
David Stern retired from the post of Commissioner in 2014. David Stern was hired as outside counsel at National Basketball Association in 1966. Moreover, in 1978, David became the General Counsel. After two years, he promoted to Executive Vice President of the NBA.
After serving Commissioner for four years, he became the Commissioner of the NBA on 1st February 1984. In the same year, basketball players Michael Jordan, Hakeem Olajuwon, Charles Barkley, and John Stockton entered in the NBA.
When Michael Jordon came in NBA, it helps in a new era of commercial bounty for the NBA. Furthermore, this brought in shoe deals from Nike which helped to give the league even more national attention. Stern supervised the NBA to increase from 10 to 10 franchise, expand into Canada, televise games all over the world.
Furthermore, now the NBA game is televised in 215 countries in 43 languages, and it has 11 offices outside the United States. It operates the Women's National Basketball Association and the National Basketball Development League under Stern's watch.
David Stern retired from The NBA in February 2014. After the retirement, David was elected to the Naismith Memorial Basketball Hall of Fame on February 14, 2014. During Stern’s tenure, some of the notable events are Relocation of 6 NBA franchises, seven new NBA teams, Ratification of the NBA Dress Code, NBA Finals Trophy renamed to Larry O'Brien Trophy, Four NBA lockouts, and NBA Finals MVP Trophy renamed to the Bill Russell NBA Finals Most Valuable Player Award.
What Is The Net Worth Of David Stern?
When he served as a commissioner at NBA, he earned annually $20 million. During the 1982-83 season, the NBA's total revenues were a paltry $118 million. In 1984, when David took the reins, the NBA was a different league.
American professional sports commissioner, David Stern has a net worth of $135 million. But, CBS was paying $22 million a year for the broadcast rights to games. League revenues topped $5 billion in 2013. Back in 2016, league revenues topped $8 billion.
The Sacramento Kings sold for $10.5 million in 1983; the same team sold for $534 million back in May 2013.
Who Is David Stern’s Wife?
David Stern married Dianne Bock in 1963. They have two children, Eric and Andrew. His son Eric worked at CNN, and another son, Andrew recently graduated from NYU Law School.
However, there are no rumors of having extramarital affairs as of the current writing. David talks least about his family on the camera. He has kept his personal life very secret. Momentarily, They live in Scarsdale, New York.
David Stern has been involved in multiple debates during his professional career.
In 2005, Stern was fed up with the unprofessional dress of NBA players on the bench. Furthermore, he announced a new dress code which included a sports coat, a collared shirt and dress shoes or boots with socks. At the time, the former basketball player said, ‘I think it’s wrong.
You shouldn’t judge a person from what they wear.’ Later Stern said,“did say that the league "will use a broad range of authority" to enforce compliance... Following, he added, "If they are really going to have a problem, they will have to make a decision about how they want to spend their adult life regarding playing in the NBA or not”.
For the 2006-07 season, The NBA decided to change the basketball to a ‘microfiber’ ball that supposedly has a truer bounce. However, the basketball did not like the new ball.
Age, Height, and Weight
David Stern is 80 years old, according to birthdate.
He looks like between 5’7 to 5’8 height. However, his weight and body measurement is not known. Also, for more updates don’t forget to like our Facebook and also follow on Instagram.