HoopsHype Bryan Colangelo rumors

May 20, 2013 Updates

Adrian Wojnarowski: The MLSE remains in full pursuit of Denver GM Masai Ujiri to assume full control of Raptors, sources tell Y! Twitter @WojYahooNBA

It was Feb. 28, 2006 and Bryan Colangelo was being hailed as the man who would turn around the flagging fortunes of the Raptors and once again make them competitive. For about two seasons, Colangelo would live up to that billing. But for the past five years, he and the organization he has overseen have been spinning their wheels. Needing someone to play alongside Chris Bosh, Colangelo dealt T.J. Ford and the Raptors’ No. 1 pick, Roy Hibbert, to Indiana for Jermaine O’Neal. Since that trade, it has been a succession of deals with declining returns to try to make amends for that gaffe. Today, barring a stunning turn of events, it is expected Colangelo’s term in Toronto will end seven years and 81 days after it began. Toronto Sun

May 18, 2013 Updates

Masai, the 2013 NBA Executive of the Year, has emerged as the top choice of the search firm – Korn/Ferry International – that's been charged with finding a successor to Raptors president Bryan Colangelo, league sources said. MLSE has until Monday to make a decision on Colangelo's contract option for next year. It is possible that he could stay with the franchise under a new top basketball official. Yahoo! Sports

May 17, 2013 Updates
May 16, 2013 Updates

Nevertheless, there is now every indication that this pointless saga could drag on until the end of the week or even beyond. Wednesday was the obvious drop-dead date — Colangelo and his staff flew out Wednesday to begin scouting the pre-draft combines in Chicago. “I’m not discussing anything with anyone,” Colangelo said in an e-mail from Illinois. “Less said the better.” Toronto Star

May 15, 2013 Updates
May 13, 2013 Updates

Sources say the board representatives for Rogers and Bell, led by BCE chief executive officer George Cope and Rogers CEO Nadir Mohamed, have ceded the decision to Leiweke, who has NBA ties dating back to his days as the president of the Denver Nuggets until 1995. Rogers and Bell each own 37.5% of MLSE, and have agreed to vote as a bloc; neither is believed to be in favour of retaining Colangelo, but in this case they are not making the final call. Leiweke, the former CEO of sports giant AEG, is in charge. National Post

Leiweke and Colangelo met somewhere other than Toronto almost two weeks ago, and sources say Colangelo was informed that Leiweke would have final say on all basketball decisions until a decision was made. Colangelo presented his plan to the MLSE board on Tuesday last week, and the meeting ran for three hours; it was a pre- planned meeting, however, and included Leiweke. National Post

According to sources Colangelo may be growing frustrated waiting for a decision to be me made, with the longer it drags on serving as evidence to him that he is not Leiweke’s first choice to run the basketball operations going forward. SportsNet

May 12, 2013 Updates

Sources say the board representatives for Rogers and Bell, led by BCE chief executive officer George Cope and Rogers CEO Nadir Mohamed, have ceded the decision to Leiweke, who has NBA ties dating back to his days as the president of the Denver Nuggets until 1995. Rogers and Bell each own 37.5% of MLSE, and have agreed to vote as a bloc; neither is believed to be in favour of retaining Colangelo, but in this case they are not making the final call. Leiweke, the former CEO of sports giant AEG, is in charge. National Post

It is not believed that Colangelo would balk at a one-year commitment, though it would serve as a convenient fallback for both parties in the case of separation. Leiweke has been in contact with Phil Jackson, but that is not yet seen as a likely scenario for either party, in part because Jackson is engaged to Los Angeles Lakers executive vice-president Jeannie Buss. Instead, Leiweke says Jackson is merely one of several NBA figures who is providing him with advice. National Post

Leiweke and Colangelo met somewhere other than Toronto almost two weeks ago, and sources say Colangelo was informed that Leiweke would have final say on all basketball decisions until a decision was made. Colangelo presented his plan to the MLSE board on Tuesday last week, and the meeting ran for three hours; it was a pre-planned meeting, however, and included Leiweke. National Post

At long last, it appears the fate of Bryan Colangelo will be resolved. There are those who believe a decision will be made official by as early Monday. Unofficially, Colangelo’s option year is expected to be picked up, a route many in basketball circles had anticipated in the days leading up to the Raptors’ season finale. Toronto Sun

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