Report: Ernie Grunfeld To Return As Wizards’ President

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.