Orlando Magic CEO Bob Vander Weide Resigns
Tuesday, December 6, 2011
By: Nicole Creston

Dec. 6, 2011 | WMFE - Orlando Magic CEO Bob Vander Weide has resigned after working with the team for 20 years.

Vander Weide has been the Magic’s CEO since the summer of 2010. He started with the team back in 1992, first as vice president of basketball operations, then a 16-year run as the team’s president. Alex Martins, the Magic's current president, has been named Vander Weide's replacement.

Vander Weide says he’ll remain with the Magic in a consulting role after his CEO contract ends on December 31^st. He says he’s had a “good long run,” and he’d like to spend more time with his family and enjoy the opportunity to “be more of a fan than an executive."

Vander Weide has been in New York working on the new NBA collective bargaining agreement.