Larry Miller, the top executive of the Trail Blazers for the past five years, has resigned as president and will return to Nike, The Oregonian has learned.

Miller, 61, had two years remaining on his contract with the Blazers, but he informed owner Paul Allen of his resignation on Friday. Miller we rejoin Nike later this summer as president of Brand Jordan, the same title he held from 1999 through 2006.

“It felt like it is the right time, and the right thing for me,’’ Miller said Saturday morning.

Affable and well-liked within the walls of the Blazers, Miller was an understated leader who preferred to stay out of the limelight while allowing his employees to do their jobs. He was an engaged president with both his staff and the public, easy with conversation in the office and quick with a handshake on the concourses of the Rose Garden, where he often roamed before games. His style improved morale and bridged a divide between the front office and fan base after the rigid and confrontational reign of Steve Patterson, his predecessor.

– Reported by Jason Quick of the Oregonian