Update: The Hawks today hired Danny Ferry to be the team’s president of basketball operations and general manager.
The Hawks signed Ferry to a six-year contract.
“My family and I are thrilled to join the Hawks organization and Atlanta community,” Ferry said in a statement. “There were many components that made this the right fit for me but clearly my confidence in the ownership group and their dedication to building a championship-caliber franchise was most important. They are committed to building with the right people and investing in critical areas for development; both essential elements if we want to create sustained success. “
Ferry succeeds Rick Sund, Atlanta’s GM since 2008. Ferry said he would work alongside Sund over the next month, after which Sund could remain with the organization in a some role. Sund has expressed an interest in remaining with the Hawks as a consultant.
Ferry said he would collaborate with Sund and the rest of the basketball staff in preparation