Larry Bird parts ways with Pacers

Associated Press
Larry Bird, right, talks about stepping down as president of the Indiana Pacers  as new general manager Kevin Pritchard  listens during an announcement by the NBA basketball team in Indianapolis, Wednesday, June 27, 2012. Donnie Walsh was named as president. (AP Photo/Michael Conroy)

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Larry Bird is calling it quits with the Indiana Pacers. Bird, perhaps the most respected and beloved basketball figure in a state obsessed with the sport, will leave his job as the Pacers' president of basketball operations at the end of August 2012.

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