Chauncey Billups won't be replacing David Griffin as the Cleveland Cavaliers' President of Basketball Operations.

According to ESPN's Adrian Wojnarowski, Chauncey has informed the Cavs that he is withdrawing his name from consideration for the Cavs' job, saying the timing just isn't right for him to delve into that role in Cleveland.

Per ESPN,

"I have great respect for Dan Gilbert and the Cleveland Cavaliers, and I greatly appreciate the discussions we had regarding their organization," Billups told ESPN. "As I have conveyed before, ultimately I would like to lead a team's basketball operation and be a part of a successful franchise. But presently, the timing just isn't right to delve into that role in Cleveland. In the meantime, I will continue to focus on broadcasting and my other business endeavors."

Additionally, Wojnarowski reports that a source told ESPN's Jeff Goodman that staffing concerns and money disparity were factors in Billups' decision to drop out of the running.

Chauncey, who is a part of Ice Cube's Big3 League, will continue his broadcasting duties as an ESPN NBA analyst.