Thursday , Apr , 21 , 2005 C.Y. Ellis

Cavaliers release general manager Paxson

Cleveland, OH (Sports Network) – The Cleveland Cavaliers Thursday released
president and general manager of basketball operations Jim Paxson. The move
comes after the Cavaliers stumbled down the stretch and failed to qualify for
the postseason.

The Cavaliers finished the 2004-05 campaign with a 42-40 record, dropping
eight of their final 13 contests. New Jersey had the same record as Cleveland,
but won the season-series from the Cavaliers and therefore claimed the eighth
and final playoff spot in the Eastern Conference by virtue of the tiebreaker.

Paxson spent seven years with the organization, including six as the club’s
GM.

“I would like to thank Jim Paxson for his seven years of service to the
Cavaliers organization,” said majority owner Dan Gilbert. “Jim has worked hard
and made some moves in the past couple of years that has put our team in a
position to go to the next level. However, the new ownership team believes it
is time for a new direction in leadership in the basketball operations side of
the business.”

Meanwhile, Gilbert also announced that Brendan Malone will not be a candidate
for head coach next season. Malone took over as the interim coach of the
Cavaliers on March 22, replacing Paul Silas. Malone will, however, remain with
the organization in a yet to be determined role.

“Brendan Malone took over a team that was going through an extended, difficult
stretch during a critical part of the season, having lost nine of their prior
12 games,” added Gilbert. “Brendan and the team fought hard to make the
playoffs and, although tying New Jersey for the eighth and final spot in the
Eastern Conference playoffs, as we all know, the tiebreaker went to New
Jersey. I am proud of Brendan’s efforts.”

The Cavaliers finished above .500 for the first time since the 1997-98 season.

CLE