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Larry Bird leaves the stage after announcing that he is stepping down as president of the Indiana Pacers at a news conference by the NBA basketball team in Indianapolis, Wednesday, June 27, 2012. Donnie Walsh was named as president and Kevin Pritchard as general manager. (AP Photo/Michael Conroy)

Larry Bird parts ways with Pacers

June 27, 2012

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.