Larry Bird parts ways with Pacers

Associated Press
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)

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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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