Jerry Colangelo will remain chairman of USA Basketball through the 2016 Olympics in Rio.
"I've decided I'm going to continue," Colangelo told USA TODAY Sports. "I'm committed to our organization during this transition period. I want to make sure, as good as things are, that once the baton is handed over to someone it's in even better shape. That's the plan for these next four years."
Colangelo said the decision was not impacted by FIBA's ruling to continue making the Olympics open to all ages.
"It didn't have anything to do with my willingness to continue," he said. "I've been encouraged to continue, and if somebody didn't want me there, it would take about three seconds for me to walk."
Colangelo must still be nominated for a spot on the board of directors for the 2013-16 quadrennial which is a formality.