Danny Ferry Out In Atlanta; Mike Budenholzer Promoted

The Atlanta Hawks have "parted ways" with general manager Danny Ferry and Mike Budenholzer will become president and head coach, according to Yahoo Sports.

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The Atlanta Hawks plan to promote coach Mike Budenholzer to the franchise's ultimate basketball decision-maker, clearing the path to part ways with exiled general manager Danny Ferry, league sources told Yahoo Sports.

Budenholzer will become president and head coach, partnering in the front office with Wes Wilcox, who will become the Hawks' general manager, league sources told Yahoo Sports.

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Ferry took an indefinite leave of absence from the organization last year after he made an insensitive remark from a scouting report about Luol Deng out loud in a conference call.