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Chicago Bulls statement on John Paxson

The Chicago Bulls announced today that John Paxson, who has served in various roles for more than three decades, is moving into a new role as Senior Advisor of Basketball Operations.

JERRY REINSDORF: "John has an invaluable perspective on our organization and where we want to be, and he played an instrumental role in this change by bringing forward the idea of a restructure and reorganization. I have always held his knowledge and basketball insight in the highest regard, and he has earned my respect as well as that of his peers. His decision to take on a new role reflects what I've always known about John – that he is forever a willing teammate on and off of the court and always does what he believes is in the best interest of the Chicago Bulls.