1:10pm: Gilbert’s meeting with Griffin could happen as soon as Wednesday, sources tell Sam Amico of AmicoHoops.net. Amico also writes that the Cavs are expected to offer Griffin a “significant” pay raise and possibly a loftier title too.

9:38am: Cavaliers owner Dan Gilbert confirmed to Joe Vardon of Cleveland.com following the the club’s Game 5 loss that he intends to meet with general manager David Griffin within the next few days to discuss his future with the franchise. Griffin’s contract with the Cavs is set to expire at the end of the month.

Despite the fact that his Cavs lost to the Warriors in five games, Gilbert didn’t sound like someone looking to make major changes, telling Vardon that he feels good about “our talent, our personnel, coaching staff, everything.” However, the Cavs owner declined to say whether he’s confident that Griffin would return: “It’s not fair to him for me to discuss that.”

Griffin has been mentioned as a potential candidate in every GM search that has taken place so far this offseason, though clubs like the Magic and Hawks filled their openings without getting a chance to speak to the Cavs GM. The Bucks were also said to have interest in Griffin and haven’t yet made a hire, but they’re reportedly down to two finalists, and there’s no guarantee the Cavs would grant Milwaukee permission to speak to Griffin before his contract is up.

Although the Cavs have yet to extend Griffin, there is reportedly a sense within the organization that the GM is expected to be back. If Cleveland intends to retain the veteran exec, the team will likely need to offer him a substantial raise. As Vardon notes, Griffin is currently earning less than $2MM annually.

A title change could also be a possibility if Griffin sticks with the Cavs — he holds the general manager position, so a promotion to president of basketball operations would make some sense. Vardon reports that Griffin is seeking “some structural changes to the organization,” so perhaps he’d like the Cavs to add a GM for day-to-day duties while he retains final say on basketball decisions as president of basketball ops. That’s just my speculation though.