In 2005, Ferry was named general manager of the Cleveland Cavaliers, signing a five-year, $10 million contract. Working closely with team ownership, Ferry helped assemble a competitive roster that featured LeBron James and later added other high-profile players, including Shaquille O’Neal. The Cavaliers reached the NBA Finals for the first time in franchise history in 2007. Although that was not during the 2009–2010 season as erroneously suggested, the team did post impressive regular-season records during those years. Ferry parted ways with the Cavaliers organization on June 4, 2010.

Shortly thereafter, he returned to the Spurs front office in an executive role. In 2012, Ferry was appointed president of basketball operations and general manager for the Atlanta Hawks. Under his leadership, the team significantly improved and achieved a 60-win season in 2014–2015, leading to an Eastern Conference Finals appearance.

Controversy and Later Involvement

Ferry faced controversy in 2014 after reading a racially insensitive scouting report comment aloud during a conference call. Though the remarks were part of a written report, Ferry’s role in repeating the statement publicly led to an internal investigation and ultimately a leave of absence. He later stepped away from his role with the Hawks.

In addition to his executive work, Ferry is an advocate for youth development through sports. He is affiliated with Playing for Peace, a global non-profit organization that promotes education and unity through basketball.

Personal Life and Net Worth

Danny Ferry is married to Tiffany Ferry. The couple has five children—four daughters and one son—and maintains a private yet family-oriented lifestyle. Known for his professional demeanor and strong family values, Ferry has continued to contribute to the game of basketball both on and off the court.

Ferry's net worth is estimated to be approximately $17 million, accumulated from his playing career, executive roles, and endorsement opportunities throughout the years.