Wells: Larry Bird To Leave Indiana Pacers

May 17, 2012; Indianapolis, IN, USA; Indiana Pacers president Larry Bird accepts the NBA Executive of the Year Award from Stu Jackson at Bankers Life Fieldhouse. Indiana defeats Miami 94-75. Mandatory Credit: Brian Spurlock-US PRESSWIRE

After plenty of back-and-forth speculation following the Indiana Pacers exit from the playoffs, team president Larry Bird will reportedly step down officially after meeting with owner Herb Simon on Tuesday, according to Mike Wells.

Larry Bird has decided to call it quits as president of the Indiana Pacers.

Bird is "100 percent sure" he will not return as president of the team, a person with direct knowledge of the situation told The Star on Monday.

Bird, 55, is expected to meet with owner Herb Simon today to finalize his departure.

So now Donnie Walsh appears set to slip into that president/CEO role on the basketball operations side with Kevin Pritchard working as the general manager. Bird has been so involved in the draft prep that he may be involved in Thursday's to at least consult, but now the summer moves will fall on Pritchard's plate.

Certainly no surprise that Bird is stepping away for what is likely a combination of reasons. Fortunately, the general infrastructure of the basketball operations side of the front office that has been working well of late, remains intact.

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