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The Exit Interview: Jerry Colangelo

In January 2005, Jerry Colangelo was focused on … Jerry Colangelo. For the first time in a generation, Colangelo, the former NBA owner, executive and head coach, was out of work. Months earlier, Colangelo had sold his stake in the Suns, ending a successful relationship that touched five decades. In late 2004, Colangelo, then 64, underwent prostate surgery. He was recovering at home in Phoenix when his phone rang. It was David Stern. The NBA commissioner had a question: After the men notched a seventh-place finish at the 2002 World Championships and a bronze medal at the ’04 Olympics, USA Basketball was crumbling.