David Stern Rumors
“Over time, I’ve come to accept the notion that a properly run gambling operation, or gaming as we like to say in Las Vegas, is protective and not deleterious to the health of sports,” Stern said. Stern has a slightly different view from the association on how to move ahead, suggesting that PASPA should be amended, not repealed. He proposes a national framework to keep consistent policy, but allow each state to monitor, regulate and tax it. Such a move also would likely cut down on compliance costs.
“Early on, we realized that this idea that gambling is bad — it’s a Nevada-regulated industry — and that it’s going to lead to bad things got to be an outdated notion as we learned more about illegal gaming and the size of the market,” Stern said in a question-and-answer format with Freeman. “That’s why we said ‘Let’s not talk as much as the leagues do about the evils of gambling and what’s going to happen,’ because we could really take care of ourselves.
I consider Houston my second home, so I want to say something to the people of Houston. You stood by me in good and bad times. You gave me strength to move forward. I will always consider you my family. I am a Texan and a Houston Rocket for life. All of this would not be possible without the vision of David Stern and the NBA. Thank you to David Stern, Adam Silver, Kim Bohuny and everyone at the NBA for your kindness and support.
In the late 1980s to early 1990s, Stern worked closely with then FIBA Secretary General (and current FIBA Secretary General Emeritus) Borislav Stankovic to bring professional basketball players to the world stage. This was in line with an objective of Samaranch, who was pursuing the idea of having professional athletes take part in the Olympics. The success the three men achieved was best exemplified by the presence of the USA’s “Dream Team” at the Barcelona Games in 1992, a phenomenon which opened a new era for international basketball. “I am greatly honored to have been selected for induction into the FIBA Hall of Fame,” said Stern. “I am proud of my collaboration with Borislav Stankovic to unite and strengthen basketball on a global basis, which has been continued by NBA Commissioner Adam Silver and FIBA Secretary General Patrick Baumann. It is also a great honor for me to be inducted with Hakeem Olajuwon and the other class of 2016 inductees who have contributed so much to our game.”