Danny Ferry Resigns as GM of Cleveland Cavaliers

Danny Ferry resigned as the general manager of the Cleveland Cavaliers on Friday, June 4, 2010.

Danny Ferry has been the GM of the Cleveland Cavaliers for 5 years. Cleveland coach Mike Brown was fired just two weeks ago after the Cleveland Cavaliers were eliminated by the Boston Celtics in round two of the 2010 NBA Playoffs.

Ferry was in his final month of his contract and has chosen to not renew. He says his decision was mutual with Cavaliers owner Dan Gilbert.

“I thought it was important that there was as much clarity as possible in the organization at this time, so things could start moving forward,” Ferry told The Associated Press. “I appreciate all that Dan has done to build a world-class organization.”

Assistant general manager Chris Grant will take over for Danny Ferry.

“It is the right time to move on,” Ferry said. “Chris is prepared to do a great job.”

“For five years, Danny Ferry was instrumental in leading the establishment of a culture, process and professionalism that has become part of the fabric of the definition of ‘who’ are the Cleveland Cavaliers. Danny worked extremely hard to create this strong foundation that we will continue to build upon going forward with much gratitude and appreciation,” Cavaliers owner Dan Gilbert said in a statement.

“This solid foundation is evident by the natural and clear choice to choose his close associate, Chris Grant, whom Danny worked in partnership with for his entire five years leading the Cavaliers front office, to succeed Danny as the Cleveland Cavaliers new general manager.”

Many wonder what this will mean for the important off-season with LeBron James a free agent and how it will affect next season.

Click here to read more about LeBron James’ free agency and other free agents.

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