Kauffman Close To Buying Ganassi Stake Chinese Court Rules Against Jordan SMI Misses Q2 Expectations Relativity Sports Unaffected By Layoffs DSG Ads Depict Sports Matters Program Dolphins Launch Fan Voting Campaign Bridgestone, NHL Renew For Five Years Fox Networks Group Hires Maged IOC President Blames Boston For Failed Bid Strong Sales For Belk Kickoff Game
Bud Selig Formally Announces Plans To Retire As MLB Commissioner
Published September 26, 2013
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
MLB execs declined to specify the forthcoming changes, but the transition plan could be the most significant change to the sport's senior leadership structure since the departure of league President Bob DuPuy three years ago. Industry sources, however, suggested the forthcoming transition plan will not signal a likely successor to Selig.
"It remains my great privilege to serve the game I have loved throughout my life," Selig said. "Baseball is the greatest game ever invented, and I look forward to continuing its extraordinary growth and addressing several significant issues during the remainder of my term." During Selig's tenure, annual industry revenues have more than quintupled to about $8B, labor peace has existed since '95, attendance has reached record levels, both the MLB Network and MLBAM were created, and competitive balance has improved measurably.