Larry Bird will step down as president of the Indiana Pacers with Kevin Pritchard taking over basketball operations.

Bird is expected to continue working for the Pacers as a consultant. Bird was head coach of the Pacers in the late 1990s and returned to the team in 2003 as President of Basketball Operations. Bird left the Pacers in 2012 due to health issues before returning a year later.

The Orlando Magic have also been asking around about Bird as a possible candidate for president.

Pritchard previously ran the Portland Trail Blazers and joined the Pacers in 2011. In 2012, Pritchard was promoted to general manager working under Bird.