David Stern is and will always be one of the greatest commissioners in the history of professional sports. He did more to grow his game than possibly any other professional sports commissioner ever.
That said, the game, the business of sports, and his ability to interact with and understand the people in the sport has passed him by. He should have retired years ago and him holding on for 15 months in kind of ridiculous.
I agree, most people have a lot of problems with David and many also have crazy conspiracy theories about him. But I respect the man, he transformed the game of basketball and introduced it/made it more well known since his tenure. The 92 Dream Team set the standards for basketball players internationally.
I can't really blame him for holding on a bit too long. I don't think he wanted to leave the NBA in bad shape, and during our recent economic downturn, the league was in worse shape than it is now. Plenty of teams were losing money, as has been documented by all sides. This gives him the opportunity to leave on a great note.
Now there is an owner for every team, teams have a better system for profitability, the popularity of the league is at his highest since the Jordan years, there is labor peace, the league's media breadth is expanding, etc... It is a nice time to step down. I think he wants the extra 15 months because he loves the job so much and would prefer to ease into his departure. Well done, Commish.