The Cleveland Cavaliers announced today that President of Basketball Operations Koby Altman and the team’s executive front office have been given multi-year contract extensions through 2030. The extensions also include General Manager Mike Gansey, Assistant General Manager Brandon Weems, Vice President of Basketball Operations/General Counsel Jason Hillman and Vice President of Basketball Strategy and Personnel Jon Nichols.
“Koby Altman has demonstrated that he is the right person to lead this franchise. He is not only an outstanding team-builder, but he has also created an exceptional culture that transcends the basketball side of our business and serves as a positive foundation and philosophy for the entire franchise,” said Cavaliers Chairman, Dan Gilbert. “Koby not only has a great nose for basketball talent, but he has recruited and developed extraordinary front office talent as well. This unique combination has positioned our franchise to compete for championships for years to come. The decision to extend Koby and his team is not solely based on recent success, but rather the entire body of work since he took over the role in 2018.”
Under Altman, the Cavaliers have executed 28 total trades and 15 in-season trades, including the additions of forward De’Andre Hunter at the trade deadline this year and guard Lonzo Ball in a deal with Chicago on July 6. Other transactions that have helped shape the Cavaliers include the trade acquisitions of Jarrett Allen (2021), Donovan Mitchell (2022), Max Strus (2023) and the first-round draft selections of Darius Garland (No. 5 overall in 2019) and Evan Mobley (No. 3 overall in 2021). Over the past three years, the team has secured long-term contract extensions with Garland, Mitchell, Allen, and Mobley.