Report: Larry Bird resigned as Pacers president because team didn’t spend enough

Pacers owner Herb Simon and executives Donnie Walsh, Larry Bird, and Kevin Pritchard
Nathaniel S. Butler/NBAE via Getty Images
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Paul George said he left the Pacers because they weren’t willing to spend enough.

Apparently, he wasn’t the only one to feel that way.

Larry Bird resigned as Pacers president in 2017, citing a desire to do more things outside basketball. Yet, he also reportedly had another reason.

Jackie MacMullan of ESPN:

Indiana is a small-market team that consistently has not gone out and paid big money. We know that this was something that frustrated Larry Bird, who is a legend in the state of Indiana and elsewhere, I might add. It frustrated him enough that he stepped aside.

Pacers owner Herb Simon has a certain way of doing things. Indiana hasn’t paid the luxury tax since 2006, the first year the tax line was set before the season.

Despite that, the Pacers have been pretty good. They’ve qualified for the playoffs nine of the last 10 seasons, peaking with appearances in the 2013 and 2014 Eastern Conference finals.

Still, Indiana has lost in the first round four straight years. Another first-round loss appears the most likely outcome for this season.

That’s not exactly satisfying for players who want to win championships. Spending big isn’t absolutely necessary to compete on the highest levels. But it helps.

Pacers star Victor Oladipo is approaching 2021 unrestricted free agency. He’s a competitor who’ll evaluate, among other things, whether his current franchise matches his ambitions.

It’s easy to spend someone else’s money. Simon can decide his own limits. But there are consequences of his spending restraint – especially as perception grows about his relative thriftiness.