The Cleveland Cavaliers offered Chauncey Billups what is viewed in NBA circles as a below-market salary of $2 million annually for the role of serving as president of basketball operations, league sources told ESPN. According to sources, the team’s initial offer was $1.5 million. League sources told ESPN that $4 million is typically the starting point of what an individual in that role should earn.
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Sources maintain that financial compensation wasn’t the only reason Billups turned down the job on Monday after weeks of deliberation, but it played a part. Cleveland is known for its unwillingness to pay top dollar for front-office leadership. Los Angeles Lakers general manager Rob Pelinka had no prior front-office experience, and he is believed to be making $5 million annually.
The Cleveland Cavaliers offered former NBA All-Star Chauncey Billups what is viewed in NBA circles as a below-market salary of $2 million annually for the role of serving as President of Basketball Operations, league sources told ESPN.
According to sources, the team’s initial offer was $1.5 million. League sources tell ESPN $4 million is typically the starting point of what an individual in that role should earn. Sources maintain financial compensation wasn’t the only factor as to why the 40-year-old Billups turned down the job on Monday after weeks of deliberation, but it played a part.
Jeff Zillgitt: Making Chauncey Billups’ decision not to take Cavs front office job a tad easier, he received more money from ESPN, I’m told. To be clear, ESPN gave Chauncey Billups a raise — not more money from ESPN than Cavs offered. My apologies for awkward treat.
Chauncey Billups has withdrawn from consideration for the Cleveland Cavaliers’ president of basketball operations job, league sources told ESPN’s Adrian Wojnarowski. Billups had met twice last week with Cavaliers owner Dan Gilbert about a future with the club. They have known each other for a decade, and Gilbert is looking for someone to oversee the Cavaliers’ front office after general manager David Griffin parted ways with the team following three straight trips to the NBA Finals.
“I have great respect for Dan Gilbert and the Cleveland Cavaliers, and I greatly appreciate the discussions we had regarding their organization,” Billups told ESPN. “As I have conveyed before, ultimately I would like to lead a team’s basketball operation and be a part of a successful franchise. But presently, the timing just isn’t right to delve into that role in Cleveland. In the meantime, I will continue to focus on broadcasting and my other business endeavors.”
Billups, who will continue in his role as an ESPN NBA analyst, confirmed that he informed Gilbert of his decision on Monday. A source told ESPN’s Jeff Goodman that staffing concerns and money disparity were factors in Billups’ decision to drop out of the running.
Ice Cube: Once a Baller always a Baller! @1MrBigShot passes on the Cavs for @thebig3. Watch him rain 4’s tonight on FS1 (ch 219) 8pm est – 5pm pst.
Chauncey Billups played in his first Big3 event Sunday, the second of 10 weeks the 3-on-3 event will be played in cities across the country. The first week? He missed that one for another job opportunity that he’s still “pondering.”
Billups said Sunday there’s “no new news” on whether he will accept a position as president of basketball operations for the Cleveland Cavaliers, but there should be soon. “I’m still in the process of thinking it over,” he said. “That will probably be done at some point in the next few days, but nothing to report.”
“The whole Cleveland thing just kind of jumped off,” Billups said. “I didn’t really want to take away from the first game, the first-ever professional Big 3 3-on-3 game, and (have) everybody want to talk just about Cleveland. I, of course, wanted to play. But I didn’t want to take away from the event.”
The choice by James to be a bystander comes at a fragile time for the team, which is navigating free agency without a general manager in place after parting ways with David Griffin nearly two weeks ago. Assistant GM Koby Altman has been elevated to the de facto interim GM while Cleveland continues to negotiate with Chauncey Billups to accept a position to run the front office.
Jeff Goodman: Chauncey Billups still in negotiations with Dan Gilbert & Cavs, source told ESPN. Counter-offered yesterday; now it’s in Dan Gilbert’s court.
A person familiar with the situation says Chauncey Billups hasn’t made a decision about joining the Cleveland Cavaliers‘ front office. Billups is weighing several factors and remains unsure if he wants to lead the Cavaliers’ basketball operations, according to the person who spoke to The Associated Press on condition of anonymity Monday because of the sensitive nature of the talks.
David Aldridge: Chauncey Billups still “status quo” regarding Cavs’ GM offer. No decision imminent as of this morning.
The Cavs are still in discussions with Chauncey Billups to lead Cleveland’s front office after the departure of David Griffin. They’re also remaining active in the trade market, with a host of remaining front-office personnel, including Koby Altman, an assistant GM under Griffin, working the phones.
Adrian Wojnarowski: Sources: Talks between Cleveland and Chauncey Billups for President of Basketball Ops job still ongoing, no immediate resolution expected.
Keith Britton: Rip Hamilton on Chauncey Billups #Cavs: “I spoke to him this morning. He’s very excited. I know he has a couple more meetings w/ Dan”
Brian Mahoney: For what it’s worth, Chauncey Billups still listed as playing captain of the Killer 3s ahead of Sunday debut of @thebig3.
Owner Dan Gilbert’s search to replace general manager David Griffin, who parted ways with the team Monday, is not yet resolved as talks with former NBA star Chauncey Billups have not progressed to a job offer. Two people familiar with the negotiations told the Associated Press on Thursday that Gilbert has not yet extended a contract proposal to Billups for a prominent role in his front office.
Gilbert met on consecutive days this week with Billups, who aspires to be an NBA executive, but they have not moved beyond talks, said the people who spoke on condition of anonymity because of the sensitive nature of the talks.
Ice Cube is backpedaling on that whole Chauncey Billups to the Cavs thing — saying CB is still with the BIG3 league because the NBA deal isn’t officially done yet. “Right now he with us until I hear something different,” Cube tells TMZ Sports … “Yesterday I opened my big mouth and it wasn’t done yet.”
ESPN Cleveland: Windy on Billups: “He’s conflicted about it because of family. He’s not conflicted because he’s worried about LeBron leaving.”
Numerous sources close to the Cavs expect Billups to eventually take the job — which will likely carry the title of “vice president” and may include an org chart that has a GM working under Billups — but as of Wednesday evening there was no agreement or no formal offer.
That’s when Cube brought up Chauncey … and maybe broke some news?! “It was the Killer 3’s (led by Chauncey and Stephen Jackson) for a minute but since Chauncey took that job, it might change.”
Chauncey has actually been rumored to be in the running for the open GM job in Cleveland. Can you see him in that type of role whether it’s with the Cavs or another team? Paul Pierce: Yeah, actually me and Chauncey talked about that before. He said he wanted to be in a front office and I think he will be great. He’s young, he’s smart, he’s been a champion in this league and I just think that players can relate to Chauncey, like when he has a free agent meeting or things of that nature. I always thought he would be good in that type of position because of his IQ for the game and what he can bring to the table.
A day after Cleveland Cavaliers owner Dan Gilbert interviewed Chauncey Billups for a front office position following general manager David Griffin’s departure, Gilbert and Billups convened for a second meeting, sources with knowledge of the situation told ESPN on Wednesday.
Billups, 40, is the only candidate to have interviewed thus far for the vacancy at GM created Monday when Gilbert and Griffin walked away from what had become contentious contract extension negotiations.
Cleveland Cavaliers owner Dan Gilbert interviewed Chauncey Billups for his team’s general manager vacancy Tuesday afternoon in Detroit, sources told ESPN’s Dave McMenamin. Billups, who currently works as an analyst for ESPN, has had a relationship with Gilbert for more than a decade. Billups endorsed Rock Financial, Gilbert’s Detroit-based mortgage company, when the former NBA point guard was a member of the Pistons.
Chauncey Billups and the Cleveland Cavaliers have mutual interest in a front office role for the retired NBA player, sources told ESPN’s Brian Windhorst. Billups has had a relationship with Cavaliers owner Dan Gilbert for more than a decade since Billups endorsed Rock Financial, Gilbert’s Detroit-based mortgage company, the former guard he was a member of the Detroit Pistons. Billups is also close with Cavs head coach Tyronn Lue and the two dined together several times during the NBA Finals.
Marc Stein: League sources say Justin Zanik will be a strong candidate to work under Chauncey Billups if Billups takes over the Cavs’ front office.
David Aldridge: There is no one else on Cavs’ radar right now other than Chauncey Billups (The Vertical first) to run front office after David Griffin ouster.
After the departure of general manager David Griffin, Cleveland Cavaliers owner Dan Gilbert is targeting Chauncey Billups to become the franchise’s president of basketball operations, league sources told The Vertical. Gilbert and Billups will meet soon to discuss the job and a potential deal, league sources told The Vertical.
Steve Kyler: For those wondering, Chauncey Billups and current Cavs coach Ty Lue have a long history together as friends off the court.
Adrian Wojnarowski: Sources: Cleveland owner Dan Gilbert is targeting Chauncey Billups to become Cavs’ top basketball executive. Sides expected to talk soon.
David Griffin’s tenure as the Cavaliers’ general manager is ending, owner Dan Gilbert announced in a statement Former Detroit Pistons star Chauncey Billups is interested in the job, sources told cleveland.com.
Adrian Wojnarowski: Sources: As David Griffin departs as Cavs — “Just couldn’t agree on future,” source says – Chauncey Billups expected to emerge as candidate
Adrian Wojnarowski: Billups has relationship with Dan Gilbert and Ty Lue, and sources say will be considered as President of Basketball Ops who’d make GM hire.
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June 20, 2018 | 10:56 pm EDT Update
Chris Mannix: Luka Doncic continues to be a strong candidate in Sacramento at No. 2, league sources told @YahooSports. And something else worth remembering here: Doncic is a pretty safe pick, and would be a popular one in Sacto.
Ohm Youngmisuk: The Lakers brought Arizona’s Allonzo Trier in for a second workout this week, according to league sources. The Lakers are looking to improve their shooting and Trier shot better in the second workout than his first according to sources. The 6-5 guard’s stock could be rising.
Ohm Youngmisuk: Lakers worked out a ton of guys who could go in the second round. They’re targeting shooting and versatility in this draft and also could look at versatile bigs like Michigan’s Mo Wagner, who can rebound and stretch the floor. twitter.com/wojespn/status…
June 20, 2018 | 10:12 pm EDT Update
Shams Charania: Hawks center Dewayne Dedmon has exercised his $7.2M player option for next season, league sources tell Yahoo.