The former general manager for the Cavaliers will be vice president of basketball operations for the Spurs. He will be reunited with coach Gregg Popovich and general manager R.C. Buford after leaving for Cleveland in 2005.
Ferry led the Cavs through the most successful period in their history. But he left this summer after five years in Cleveland, about a month before LeBron James took off for Miami.
Ferry has a long history in San Antonio. He won a championship as a player in 2003 before retiring and becoming director of basketball operations.