Frank Isola of the New York Daily News reports (via blog):

Donnie Walsh has been spending most of his time at home in Indiana, waiting for the basketball season to start and waiting to make his next move.

He probably won’t have to go far. There is growing sentiment that Walsh will return to his old job of running the Pacers if and when Larry Bird steps down. According to several people close to the situation, Bird is leaning toward leaving Indiana after this season.

The plan would be for Walsh to replace Bird and name either Chris Mullin or Reggie Miller as general manager. When I spoke to Walsh last Friday in Manhattan before he was inducted into the New York City Basketball Hall of Fame, he declined to address his future except to say that he still wants to work.