Chauncey Billups – who has long desired a front-office job – pulled out of the Cavaliers’ president search.
A source said Billups wanted more money than owner Dan Gilbert offered; the offer was believed to be in the $2 million to $3 million range annually.
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.
This shouldn’t be a huge surprise. Gilbert clearly believes front-office leaders are somewhat interchangeable and therefore shouldn’t be paid a premium. That contributed to David Griffin’s exit.
LeBron James clearly disliked how Cleveland lost Griffin, and considering LeBron already thought Gilbert wasn’t spending enough (even if it was a lot), this probably won’t sit well with the 2018 unrestricted free agent, either.