The Raptors remain interested in trading Andrea Bargnani, according to president Bryan Colangelo.
"I still would say there's value in Andrea as a player," said Colangelo. "I get the fact that a change of scenery is probably best for all sides. I've publicly acknowledged that but, again, the new guy is going to have to decide how to handle it and there are a few options." Colangelo is referencing the new general manager who has yet to be hired, and we'd bet Bargnani starts next season elsewhere. It's hard to see the Raptors getting anything of real value in return for the former No. 1 overall pick.
MLSE CEO Tim Leiweke said Bryan Colangelo will stay with the Raptors as team president, but he will not be general manager.
This is quickly turning into an embarrassing mess for the Raptors. After it was reported Colangelo would move into a corporate role, he'll remain with the team as president, but the new GM will report directly to Leiweke, not Colangelo. The new GM will have final say on draft, trades, contracts and coach, and Colangelo's role will include consulting and "expanding Raptors footprint nationally."
Denver GM Masai Ujiri and Raptors vice-president of basketball operations Ed Stafanski are two candidates to assume control of basketball-related decisions for the Raptors.
The Raptors are going hard after Ujiri and could be prepared to make a lavish offer to him, while Stafanski currently works for the team. The future of head coach Dwane Casey is very much up in the air and a decision on his status will likely be made by whatever candidate replaces Bryan Colangelo, but it's too early to tell what may happen there.
Updating a previous item, Bryan Colangelo will remain at MLSE in a "corporate" role in a non-basketball capacity.
In other words, Colangelo is out as Raptors lead man with respect to basketball decisions. MLSE will continue its search for a new head of the Raptors organization with Denver's GM Masai Ujiri firmly in sight.
Updating a previous item, Bryan Colangelo could return to the Raptors in a "significant capacity," but may be removed as general manager.
The MLSE had been "negotiating" with Colangelo regarding his role, and it's looking like only a matter of time until his dismissal as the decision-maker is made official. Masai Ujiri worked for the Raptors before he became Nuggets GM and the Raptors are reportedly interested in bringing him back to Toronto.
Bryan Colangelo's fate as Raptors GM is expected to be decided on Monday, and "barring a stunning turn of events, it is expected" that he will be fired.
Colangelo has guided the Raptors to the playoffs just twice during his time on the job. If Colangelo is given his dismissal, it's not clear where Toronto could turn to next, but we're guessing another round of Phil Jackson rumors will get thrown into the fire despite the fact they've been debunked previously. It's also been reported Toronto is pursuing Denver's GM Masai Ujiri. Colangelo's major acquisition this year was Rudy Gay.
Aaron Gray exercised the $2.6 million player option in his contract, according to beat writer Josh Lewenberg.
Much like his teammate Linas Kleiza, Gray has no reason to decline the option. The five-year veteran had fits of fantasy usefulness in very deep leagues but is mostly an end-of-the-bench player. He averaged 2.8 points and 3.2 rebounds in 12.2 minutes per game.