Larry Bird parts ways with Pacers

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.

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)
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)
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)
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 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 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)
Indiana pacers president Larry Bird, right, poses with new Pacer George Hill after he was introduced in Indianapolis, Monday, June 27, 2011. (AP Photo/Michael Conroy)
Larry Bird
Indiana pacers president Larry Bird, right, poses with new Pacer George Hill after he was introduced in Indianapolis, Monday, June 27, 2011. (AP Photo/Michael Conroy)
FILE - This May 12, 1997 file photo shows Larry Bird speaking as the new coach of the Indiana Pacers, at a news conference in Indianapolis. The Pacers have parted ways with Bird. Owner Herb Simon announced the move Wednesday, June 27, 2012, one day before the NBA draft. (AP Photo/Tom Strattman, File)
FILE - This May 12, 1997 file photo shows Larry Bird speaking as the new coach of the Indiana Pacers, at a news conference in Indianapolis. The Pacers have parted ways with Bird. Owner Herb Simon announced the move Wednesday, June 27, 2012, one day before the NBA draft. (AP Photo/Tom Strattman, File)
FILE - This May 12, 1997 file photo shows Larry Bird speaking as the new coach of the Indiana Pacers, at a news conference in Indianapolis. The Pacers have parted ways with Bird. Owner Herb Simon announced the move Wednesday, June 27, 2012, one day before the NBA draft. (AP Photo/Tom Strattman, File)
In this November 1991 file photo, Boston Celtics star Larry Bird during a game at the Boston Garden, in Boston. (AP Photo/Charles Krupa)
Larry Bird
In this November 1991 file photo, Boston Celtics star Larry Bird during a game at the Boston Garden, in Boston. (AP Photo/Charles Krupa)
FILE - This Dec. 2, 1978 file photo shows Indiana State University basketball player Larry Bird (33) going up to score over University of Evansville's Barry Weston (40) in Evansville, Ind. The Indiana Pacers have parted ways with Bird. The 55-year-old Bird was the Pacers coach from 1997-2000, taking the team to its only NBA Finals appearance that final year, before returning to the front office in 2003. (AP Photo/File)
FILE - This Dec. 2, 1978 file photo shows Indiana State University basketball player Larry Bird (33) going up to score over University of Evansville's Barry Weston (40) in Evansville, Ind. The Indiana Pacers have parted ways with Bird. The 55-year-old Bird was the Pacers coach from 1997-2000, taking the team to its only NBA Finals appearance that final year, before returning to the front office in 2003. (AP Photo/File)
FILE - This Dec. 2, 1978 file photo shows Indiana State University basketball player Larry Bird (33) going up to score over University of Evansville's Barry Weston (40) in Evansville, Ind. The Indiana Pacers have parted ways with Bird. The 55-year-old Bird was the Pacers coach from 1997-2000, taking the team to its only NBA Finals appearance that final year, before returning to the front office in 2003. (AP Photo/File)

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