The Toronto Raptors announced Friday they have signed President Masai Ujiri to a multi-year contract extension and promoted Jeff Weltman to general manager and Bobby Webster to assistant general manager/vice-president basketball strategy. Ujiri will continue to oversee basketball operations as president of the club. “I am grateful to the Board and Mr. Tanenbaum for the opportunity to continue our progress to build the Raptors into one of the top franchises in the NBA,” said Ujiri. “I’m also excited that Jeff and Bobby are being rewarded for their hard work and valuable contributions to our program. My family thanks the NBA, Raptors players and coaches, staff, Raptors fans, the city of Toronto and Canada for this opportunity. Toronto is home for us.”
The Toronto Raptors and team president Masai Ujiri are in advanced negotiations on a contract extension, according to league sources.
Sources said that the Raptors and Ujiri are nearing agreement on a lucrative new deal that will keep the 46-year-old in Canada for the foreseeable future, even though he still has nearly two years left on the original five-year, $15 million pact he signed with Toronto in May 2013.
January 21, 2021 | 10:44 pm EST Update
Shams Charania: The Cleveland Cavaliers are finalizing a trade to send Kevin Porter Jr. to the Houston Rockets, sources tell @TheAthletic @Stadium .
Marc Stein: The Bulls’ Thaddeus Young is finalizing an agreement to purchase a minority ownership stake in Australia’s @BrisbaneBullets , @NYTSports has learned. The deal will reunite Young and his former teammate Kevin Martin, former high-scoring NBA guard who is Brisbane’s majority owner.