Ernie Grunfeld has tentatively agreed to a deal to return as the president of the Washington Wizards, according to Michael Lee of the Washington Post.
According to Lee, the deal will keep Grunfeld in Washington through at least the 2013-14 season. Owner Ted Leonsis felt Grunfeld’s ability to acquire draft picks, salary cap space and move unwanted/expensive players was key in his decision to retain the president, according to Lee.
Grunfeld took over the Wizards in 2003 and has a 282-438 career record, but has led rebuilding efforts around former first overall pick John Wall. This season, Grunfeld fired head coach Flip Saunders after a 2-15 start and replaced him with Randy Wittman, who has gone 16-31 since taking over. He also traded former draft picks JaVale McGee and Nick Young to get veteran forward Nene.