MILWAUKEE (WKOW) -- Longtime Major League Baseball Commissioner Bud Selig announced Thursday he plans to retire in January 2015.
The 79-year-old Milwaukee native and former owner of the Milwaukee Brewers has been talking about retiring since 2003. He plans to quickly announce a transition plan that will include a reorganization of central baseball management.
Selig bought the Seattle Pilots in bankruptcy court in 1970 and moved the team to Milwaukee, and he was part of the group that forced Fay Vincent's resignation.
Selig took over as acting commissioner on September 9, 1992, in his role as chairman of the executive council. After years of claiming he would not take the job full time, he was formally elected commissioner July 9, 1998.