Monday, February 10, 2014

FACTS TO PONDER


David Stern has now stepped down from his post as
NBA Commissioner and passed the torch on to Adam
Silver. Adam joined the NBA in 1992 as special assistant.
David has been at the helm since 1984. He plans on
traveling with his wife and yet still maintaining a good
relationship with Adam. Any handover of power is not
to be taken lightly. It would be nice if the transition
could be rather simple, but simple it is not. No oath of
office will be handled as it was when David came aboard.
However as a privately held company, the NBA does
not have to deal with activist investors or manage 
quarterly earnings expectations. Its shareholders are
within the 30 franchise owners who make up the board
of governors and choose a commissioner by private
vote. Stern actually joined the NBA as general counsel
in 1978. The NBA commissioner's most public performance
comes every June in New York City during the player
draft. For the past 30 years, Stern has taken the podium,
usually at Madison Square Garden, to announce the
picks, shake hands and stand for pictures with the draftees.
David Stern is now moving away from the center of attention.
As a team known as the Lakers, we won two recent games
and happily even came close to winning again back at Staples 
Center in L.A. against the Chicago Bulls but alas it was not
to be. Winning in Cleveland and Philadelphia gave us some
needed euphoria so this last loss was hard to take,
especially so with our point guard Steve Nash agonizing
once again in pain. Hopefully it will not be long lasting.
Chris Kaman came into the game bent on doing well and
doing well, he did. He made 27 points and shot both left
and right. He is tall and a real asset for us on our team.
We play once again on Tuesday and perhaps with this
next game we can persist longer into to game to keep
our balance better and have a winning score. Hope so!
BABS WELLS

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