Ferry said,
“It is the right time to move on. Chris is prepared to do a great job. This will be a natural transition for him. He’s done everything that a GM does at every level. Our ultimate goal was to win a championship but it was also critically important to establish a foundation to achieve sustained success and have the ability to contend year in and year out.”
On the other hand the team is eager to re-sign two-time league’s Most Valuable Player, LeBron James. James will be a free agent next month and if he decided to make a move to other place then things can go wrong for Cleveland Cavaliers. During Ferry’s five seasons with the Cavaliers the team record was 272-138. Owner Dan Gilbert says Ferry contributed a lot to the team and we appreciate the hard work he puts to build a strong foundation that helped the team to achieve good success ratio in last five years.