Cavaliers GM Ferry resigns

Basketball Betting Lines

06/04/2010 - Cleveland, OH (Sportsbook Betting Lines) - Cleveland Cavaliers general manager Danny Ferry has resigned, the team announced.

Ferry had been the team's GM since June 2005, and the Cavaliers, led by LeBron James, made the playoffs in every season during his tenure. However, they failed to win a championship and made the NBA Finals once, losing to San Antonio in 2007.

It is the second major change the Cavaliers have made in advance of James' free agency, as the team fired head coach Mike Brown last month. Ferry was in the final year of his contract.

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