May 28, 2008 5:40 AM EST

Cavaliers executive Chris Grant has rejected an offer from the Atlanta Hawks to become the team's new GM, the Marc Stein of ESPN.com is reporting.

NBA front-office sources told ESPN.com that Grant spent the weekend mulling Atlanta's proposal before ultimately deciding to stay in his role with the Cavaliers as a top aide to front-office chief Danny Ferry.

Sources said contract negotiations between Grant and the Hawks began after Spurs executive Dennis Lindsey's withdrawal and intensified to the point that Atlanta had ceased speaking to other candidates, expecting Grant to accept.

Via ESPN