Brandon Weems

Cavs’ Koby Altman Signs Contract Extension

Cavaliers president of basketball operations Koby Altman has signed a contract extension that will run through the 2029/30 season, sources tell Shams Charania of ESPN.

Altman last signed an extension back in January 2022. Reporting at the time indicated that deal kept him under contract through ’27/28, so the new extension will tack on two additional years.

Altman, who has been the head of basketball operations in Cleveland since 2017, oversaw the post-LeBron James rebuild following the star forward’s departure in 2018 and has since constructed one of the NBA’s most talented rosters. The Cavaliers have won at least 48 games and earned a playoff berth in each of the past three seasons. In 2024/25, the club racked up a conference-high 64 regular season victories.

The Cavaliers have drafted Darius Garland and Evan Mobley during Altman’s tenure, as well as trading for Jarrett Allen and Donovan Mitchell. Altman also oversaw the 2024 head coaching search that resulted in the team hiring Kenny Atkinson, who earned Coach of the Year honors this spring.

Altman’s job will get more challenging going forward — after remaining out of luxury tax territory for seven straight seasons in the wake of James’ exit, the Cavs have soared past that tax threshold this offseason and will be operating above the second tax apron in 2025/26.

While carrying one of the league’s most expensive rosters is more of a burden on ownership than management, the roster restrictions that apply to second-apron teams will make it more difficult for Altman and his front office to continue complementing the Cavs’ core with quality role players.

Cleveland lost Ty Jerome in free agency this offseason, but re-signed free agent wing Sam Merrill, swapped Isaac Okoro for Lonzo Ball, and brought back former Cav Larry Nance Jr.

According to Charania, other members of Altman’s front office – including general manager Mike Gansey and assistant general manager Brandon Weems – have also been extended.

Cavaliers Promote Mike Gansey To General Manager

11:10am: The Cavs have officially announced Gansey’s promotion to general manager, confirming the move in a press release.

“Mike has been an incredible resource to me and this organization and his work behind the scenes gives me great confidence that he is ready to take on more of a leadership role,” Altman said in a statement. “His community roots provides a unique perspective when evaluating players and the type of commitment needed to make a positive impact in Cleveland. I could not think of a better person to work alongside as we continue building this team toward sustainable success.”

The team has also promoted senior director of player personnel Brandon Weems to assistant GM, among other moves.


10:57am: The Cavaliers are promoting Mike Gansey to the position of general manager, reports ESPN’s Adrian Wojnarowski. Gansey’s previous title was assistant GM.

Gansey’s promotion comes in the wake of Koby Altman – who had been Cleveland’s GM – being elevated to president of basketball operations last month when he signed a long-term contract extension.

As Wojnarowski details, Gansey was born and raised in Olmstead Falls, a suburb of Cleveland. He played college ball at St. Bonaventure and West Virginia from 2001-06 and then played professionally from 2006-11 before joining the Cavs’ front office as an intern.

Over the last decade, Gansey has steadily climbed up the team’s basketball operations ladder, first under former GM Chris Grant, then under David Griffin, and finally under Altman. He earned G League Executive of the Year honors in 2017 as the general manager of the Cavs’ NBAGL affiliate.

According to Wojnarowski, Gansey has played a role in many of Cleveland’s most noteworthy recent roster moves, including drafting Darius Garland and Evan Mobley and trading for Jarrett Allen and Caris LeVert.