Cleveland Cavaliers president Koby Altman — the architect of the burgeoning NBA championship contender — has signed a contract extension via the 2029-30 season, sources advised ESPN on Monday.
After the franchise’s sustained progress through the years and this previous season’s No. 1 seed within the Japanese Convention, proprietor Dan Gilbert rewarded Altman and his entrance workplace employees, together with common supervisor Mike Gansey and assistant common supervisor Brandon Weems, with multiyear extensions, sources mentioned.
The Cavaliers have the third-best report within the NBA over the previous three seasons — making the playoffs every year — and received the second-most video games in franchise historical past in 2024-25.
The Cavaliers made it to the Japanese Convention semifinals earlier than dropping in 5 video games to the Indiana Pacers amid a spate of accidents that noticed Donovan Mitchell, Darius Garland, Evan Mobley and De’Andre Hunter all miss time.
Altman’s consultant, Bret Simply of WME Basketball, finalized phrases with the franchise on a brand new deal earlier than the playoffs, sources mentioned.
Altman and his employees drafted Defensive Participant of the Yr Mobley and two-time All-Star guard Garland in 2021 and 2019, respectively, whereas buying and selling for Jarrett Allen in 2021 and making the landmark acquisition of All-NBA celebrity Mitchell in 2022. Final offseason, the Cavaliers employed Kenny Atkinson, who was named Coach of the Yr.
The Cavaliers this offseason traded for Lonzo Ball from the Chicago Bulls to exchange Ty Jerome as the highest reserve level guard, re-signed Sam Merrill and introduced again veteran massive man Larry Nance Jr.
Altman was promoted to Cavaliers GM in July 2017, then to president of basketball operations in 2022. For Altman and his entrance workplace employees, this signifies their third extension — an indication of persistence and step-by-step constructing from possession.
Gilbert just lately spearheaded Cleveland’s pursuit of an growth WNBA franchise and was rewarded with a crew in late June. Gilbert and his possession group are also constructing a 210,000 square-foot, state-of-the-art follow facility for the Cavaliers.