Goodman reported that Billups "counter-offered" Tuesday, adding, "now it's in Dan Gilbert's court."
The Cavaliers reportedly offered Billups the job last week, per Joe Vardon of Cleveland.com, though Adrian Wojnarowski of The Vertical reported Sunday that an immediate resolution in the negotiations wasn't expected.
Billups, 40, has no front-office experience and has been working an analyst for ESPN. He would replace former general manager David Griffin, who built a title-winning team around LeBron James after the superstar returned to Cleveland in free agency in the summer of 2014.
Billups' first front-office gig would come with considerable pressure to win a title, especially since James is set to potentially become a free agent next summer. He would be tasked with answering several pressing questions.
Can he shake up the Cavaliers roster and put them in a better position to compete with the Golden State Warriors? Will he be able to orchestrate a potential trade for a superstar like Paul George? If he can't and the Cavaliers don't win a title in the 2017-18 season, can he convince James to remain in Cleveland?
Few jobs will be more complicated or higher-profile than that of running Cleveland's front office in the coming years. Billups will have his feet to the fire if he takes the job.