Bud Selig has held baseball's highest post since 1992.

Baseball commissioner Bud Selig will step down from his post at the end of his contract in 2012, according to a report in the Chicago Tribune.

The report indicates that a group of owners approached Selig to extend his stay as commissioner, but the 75-year-old reiterated his desire to move on.

Selig has held the commissioner role since 1992.

"You guys have a right to kid me because I'm still around," Selig told MLB.com in a lengthy interview. "But this time I think everybody has the same understanding -- this time I'm done. I really am. I want to start writing a book. I don't have time while I'm doing this job, but I need to do that. I want to do some teaching. I did a little this past winter and I have some wonderful offers. God willing, on Dec. 31, 2012, you'll be saying goodbye to me."

There is no word on who might succeed Selig in the role.