Bryan Colangelo Rumors
According to sources, those who have expressed a level of interest include: * Byran Colangelo: The former President and CEO of the Toronto Raptors. The son of Jerry Colangelo, he was the NBA’s 2005 and 2007 Executive of the Year. * Grant Hill: The former NBA player and current analyst joined Antony Ressler and Bruce Karsh with a $1.2 billion failed bid to by the Los Angeles Clippers. Hill deflected questions about his interest in the Hawks during a recent segment on NBA TV.
There are three basic levels of pay structure within an NBA front office. It starts with sub-six figure salaries for the entry-level executives, rising to around the $150,000-$200,000 mark for anyone with anything akin to “director” or “assistant general manager” in their title, and then peaking at anywhere from half a million to several million for the top-shot callers themselves. This has been the standard pay grade for GM’s for some time now – as a barometer, in 2006, the Raptors hired Bryan Colangelo to a reported four-year, $20 million contract at a time when he was only a few months removed from winning the Executive of the Year title and his stock was at its highest.
The futures of Hammond and Morway are uncertain after the recent sale of the team to finance executives Wesley Edens and Marc Lasry, and the new owners have at least held initial discussions about possible replacements, per sources around the league. But the growing consensus is that the current front office will have another year to make this lottery pick and hope the nucleus it’s put in place begins to perform. But this is one of two jobs all the lurking GM candidates are watching — a group that includes all the names that are always mentioned, plus wild cards like Bryan Colangelo, who would be open to returning to a GM position, per several league sources.
There are plenty of people who deserve credit for the Raptors success, but nearly all of them have ties to Colangelo, including head coach Dwane Casey who Colangelo hired, and current GM Masai Ujiri who Colangelo recommended for his job after incoming MLSE president and CEO Tim Leiweke moved Colangelo aside after seven years in Toronto. After a year on hiatus multiple NBA sources have told Sportsnet that he’s close to joining the fray again and is a leading candidate to run the Detroit Pistons.