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