Report: Cavs sign president Koby Altman to extension

The Cleveland Cavaliers signed president of basketball operations Koby Altman to a contract extension through the 2029-30 season, ESPN reported Monday.

Members of Altman's staff, including general manager Mike Gansey and assistant general manager Brandon Weems, received multiyear extensions, per the report.

The move comes off a stretch of success for the Cavaliers, who finished first in the Eastern Conference last season with a 64-18 mark -- the second-best record in franchise history. The LeBron James-led Cavaliers won 66 games in the 2008-09 season.

Altman, 42, was named GM of the Cavaliers on July 24, 2017, and promoted to his current role in January 2022.

In the past three seasons, the Cavaliers have a combined record of 163-83. They lost the Eastern Conference semifinals to the Indiana Pacers in five games to end this past season amid a variety of injuries.