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Stern said he wouldn’t leave until he knew there was a successor ready, and he has repeatedly said Silver is ready for that role. Stern said he would always remain available to take a call and help the league.

“Life is a journey and it’s been a spectacular journey,” Stern said. “Each step along the way there are things that you have to do, things that you maybe wish you hadn’t done. But I don’t keep that list, and so I’m totally pleased and I’m particularly pleased with the transition of which we’re now embarking.”