The National Basketball Association has extended the contract of its commissioner, Adam Silver, through the 2023-24 season, the league announced Wednesday.
Financial terms were not disclosed.
The 56-year-old Silver has steered the league during a time of financial success, media rights successes and labor peace with its players union.
Silver, who has worked for the NBA since 1992, spent 2006-14 as the league’s deputy commissioner and chief operating officer. He was promoted to become the league’s fifth commissioner in February 2014, replacing longtime league boss David Stern after his 30-year stint.
—Field Level Media