Cavs’ Dan Gilbert: ‘Utmost Confidence’ In Koby Altman’s Leadership

The Cavaliers have officially signed general manager Koby Altman to a contract extension, the team announced in a press release.

Altman’s title will now be president of basketball operations. While the Cavs didn’t offer details, ESPN’s Adrian Wojnarowski reported the deal runs through 2027-28.

“Today is a great day for the franchise and another step forward in realizing our vision that includes stability in leadership for the Cleveland Cavaliers,” Cavs owner Dan Gilbert said in the release. “In extending Koby Altman’s contract and elevating his title to President of Basketball Operations, I have the utmost confidence in his ability and the culture he has established since taking over the basketball leadership role with our organization.

“Koby consistently adapts to the ever-changing landscape of the NBA and he has assembled a team whose players compliment each other’s talents both on and off the floor, in addition to a front office and coaching staff of top-notch basketball minds. I feel our organization is primed for sustainable and long-term success and that is in no small part thanks to Koby’s efforts, determination and talent. I look forward to what’s ahead for Koby and the Cavaliers.”

Altman has constructed a roster that has led to the Cavs’ best start in any season without LeBron James on the team in nearly 25 years. The Cavs (23-18) enter Wednesday’s road game vs. the Jazz in sixth place in the Eastern Conference at the midway point.

“It has been an honor and extreme privilege to represent this organization and I’m truly humbled by the confidence granted to me by our Chairman, Dan Gilbert,” Altman said. “His leadership has allowed us the freedom to incorporate our strategy and vision intended for the future of Cleveland Cavaliers basketball. This is a first-class organization with a passionate and loyal fanbase.

“I will forever be grateful for this continued opportunity. With Dan setting the example and providing us with amazing resources, we are building something truly special here in Northeast Ohio. We remain committed to our player development program and our players have shown incredible growth and improvement this season.

“Our evolving culture is driven by our players, coaches and staff, who all play a significant role in defining what it truly means to be a Cavalier and we are very excited for our future.”

For more on the Altman deal, check out our previous post at this link. I also talked about the Cavs and their potential next moves with Andy Baskin and Jeff Phelps on 92.3 The Fan, and you can listen here.

Check out the Hoops Wire Cavs page for all of our coverage.