Larry Bird to Resign As Pacers’ Team President

This was rumored right to happen right after the Pacers lost to the Heat in the playoffs.

So, no real surprise.

Larry Bird is expected to step down as president of the Indiana Pacers, the Indianapolis Star reported Tuesday.

Team owner Herb Simon is scheduled to meet with Bird on Tuesday to plan Bird’s exit from the team, the Star reported. Last month, Bird told The Associated Press, he’d stay put as the Pacers team president for a few more years — if that’s what team owner Herb Simon wants.