- Associated Press - Friday, January 31, 2014

A timeline of key events and achievements for the NBA under David Stern, who retires after 30 years as the league’s commissioner on Saturday.

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1984: Becomes NBA’s fourth commissioner on Feb. 1. Michael Jordan drafted. First salary cap set at $3.6 million for 1984-85 season.

1985: Draft lottery debuts.

1986: Larry Bird wins inaugural 3-point contest.

1988: Miami Heat and Charlotte Hornets added as expansion teams.

1989: Orlando Magic and Minnesota Timberwolves added as expansion teams.

1990: NBA becomes first U.S. professional sports league to play regular-season games outside North America when Phoenix and Utah open season with two games in Tokyo.

1991: Magic Johnson announces he has the HIV virus and will retire.

1992: The Dream Team wins gold in first Olympics featuring NBA players. Average player salary surpasses $1 million for first time at $1.1 million in 1991-92.

1995: Toronto Raptors and Vancouver Grizzlies added as expansion teams.

1996: Average player salary reaches $2 million for 1995-96 season.

1997: WNBA debuts.

1998: NBA loses games to a work stoppage for first time, with 50-game schedule that begins in February 1999.

1999: Average player salary reaches $3 million.

Story Continues →