Key renewal for the Cavs! The project leader will continue until 2030

The president of basketball operations for the Cleveland Cavaliers, Koby Altman, has signed a contract extension that will run through the 2029/30 season, according to sources close to ESPN's Shams Charania.

Altman signed his latest extension in January 2022. Reports at the time indicated he was under contract through the 2027/28 season, so the new extension adds two more years.

Altman, who has been in charge of basketball operations in Cleveland since 2017, oversaw the team's rebuild after LeBron James left in 2018 and has since built one of the most talented rosters in the NBA. The Cavaliers have won at least 48 games and made the playoffs in each of the last three seasons. In the 2024/25 season, the team amassed 64 wins in the regular season, the best in the conference.

During Altman's tenure, the Cavaliers have drafted Darius Garland and Evan Mobley, in addition to acquiring Jarrett Allen and Donovan Mitchell. Altman also oversaw the search for a head coach in 2024, resulting in the hiring of Kenny Atkinson, who won Coach of the Year this spring.

Altman's job will become more challenging in the future. After staying under the luxury tax threshold for seven consecutive seasons following James' departure, the Cavs have exceeded that tax threshold this offseason and will operate above the second luxury tax threshold in 2025/26.

The Cavs Core remains solid

While having one of the most expensive rosters in the league burdens ownership more than management, roster restrictions for second-tier teams will make it harder for Altman and his front office to continue complementing the Cavs' core with quality players.

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

According to Charania, the contracts of other members of Altman's management team, including General Manager Mike Gansey and Assistant General Manager Brandon Weems, have also been extended.

This news is an automatic translation. You can read the original news, ¡Renovación fundamental para los Cavs! El líder del proyecto seguirá hasta 2030