Koby Altman, general manager for the Cleveland Cavaliers, has agreed to a long-term contract extension with the team.
According to ESPN, Altman, 37, is the first general manager of the Dan Gilbert ownership era to receive an extension. The details of the deal were not released.
When Gilbert promoted Altman to general manager of the team in 2017, Altman was tasked with reshaping the organization, and the roster, post-LeBron James.
Not only has Altman drafted promising players – Collin Sexton, Darius Garland, Dylan Windler and Kevin Porter Jr. – he also hired University of Michigan coach John Beilein as head coach.
In a media release, Gilbert described Altman as a "culture-driver and an innovator who has built a fresh, new foundation and environment for our front office and team."
“He is a passionate leader who is executing a very dynamic, strategic plan for the future of the team and our vision for growth and success,” Gilbert continued. "Koby’s collaborative approach has also extended beyond the team and had a consistent, positive impact across our entire organization. I look forward to seeing his hard work and creativity continue to make us better and help guide the team towards reaching our goals for years to come.”
Altman first joined the Cavaliers front office in 2012 and gradually rose through the ranks. In 2016, he was part of the NBA Championship team as director of pro personnel.
He then became assistant general manager for the 2016-17 season before replacing David Griffin as general manager in July 2017.
At that time, Altman was one of four African American general managers in the league and one of the few who is Jewish.
The Cavaliers reached the NBA Finals during Altman’s first season on the job, and during his tenure, the team has placed a high priority on player development.
“I’m truly humbled and excited to sign a long-term extension with the Cavaliers and I look forward to continuing the overall development and growth we are experiencing with this team,” Altman said in the release. “We have a first-class organization, led by our chairman Dan Gilbert, an extraordinary fanbase and a great team behind the team, who provide incredible resources and opportunities for us to be successful. I’m also thankful to our players, coaches and support staff, who have shown continued trust and displayed their commitment to our process of establishing a sustainable and winning culture here in Cleveland. Northeast Ohio is a special place, and my family and I are thrilled to remain in this community for years to come.”
Altman is also responsible for signing five-time NBA All-Star Kevin Love, Northeast Ohio native Larry Nance Jr. and Cedi Osman to new multi-year contract extensions.