When asked why a contract extension has not yet been offered, Tanenbaum said the timing wasn’t right. “Masai has a contract that goes for another two years — this season and next season — so there’s really no need at this point (to re-sign him),” he said.
For Tanenbaum, the fevered interest comes with the territory. “He is the best,” said Tanenbaum. “But no team can come to talk to him. That’s tampering. And every owner knows that. Masai is here to stay.”
The Wizards are preparing a six-year, $60 million offer for Raptors president Masai Ujiri, sources tell The Athletic’s Fred Katz and David Aldridge. Washington has been waiting on Ujiri since mid-May and did not want to make an official run at him until the Raptors’ playoff run ended. Owner Ted Leonsis plans to request permission from Toronto sometime soon. The Raptors won their first title in franchise history when they defeated the Warriors 114-110 in Game 6 of the NBA Finals on Thursday.
Although an offer worth $10 million annually would place Ujiri among the league’s highest-paid executives, The Athletic previously reported that Ujiri’s decision likely would not come down to money. Raptors ownership, Maple Leaf Sports & Entertainment, is loaded with revenue and could certainly increase Ujiri’s salary, which is somewhere in the $6 million to $7 million range currently, according to sources.
And then a reporter brought up the Wizards rumour. “I know Masai. Masai is like my son,” Tanenbaum said. “There’s no chance he’s leaving Toronto. You can ask him that one, too. I know Masai. … I think if you asked Masai, he has everything he wants. “We built a championship team together. What more could you want?”
Michael Grange: MLSE owner Larry Tanenbaum when asked about @wojespn report that Wizards owner @TedLeonsis is attempting to recruit Masai Ujiri with a $10-million a year offer and an ownership stake:
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.
December 4, 2021 | 4:13 am EST Update
Kyle Neubeck: Stephen A. Smith just said on NBA Countdown that New York is the one place Dame Lillard would angle for if he eventually wanted/asked out. Adds, “There are people in his camp who would like him to give Philadelphia stronger consideration.”
“It definitely caught me off guard. I actually learned about it in the parking lot of the Sports Academy in Frisco, TX. I was leaving a session and my phone was going crazy. I’d seen that DeMar DeRozan had gotten traded to Chicago and I was like, ‘Why is my phone going crazy for this?’ Then, I dive a little deeper into it and I see that the trade included me, Al-Farouq Aminu, some picks and stuff like that. “It definitely caught me off guard for the simple fact that I had just talked to my agent and my agent had just talked to everybody in Chicago, and we were being told that I was coming back. And they guaranteed my salary the day before or two days before or something like that and then used it as trade bait. It is what it is; it happens and it’s part of the business. But the only thing I wish is that I had gotten the heads up before I found out from social [media].
Malika Andrews: Steph Curry, after the Warriors snapped the Suns’ 18-game win streak. The Warriors have won 11 straight home games by 13+ points, tied for the longest streak in NBA history. (h/t @StatsWilliams) pic.twitter.com/wced1Dnve9
Rich Hoffman: Joel Embiid: “There wasn’t anybody that was not likable in the past but it makes it easier when you have guys like that that care about winning. When we lose, you look at the Boston game, we were all pissed off. We all played so bad and we were still right there.” pic.twitter.com/i5VRkgXr7B
Rich Hoffman: Joel Embiid: “I’m still pissed off about what happened last year. [To win] means a lot to me… In our situation, we got about $400 million worth of contracts not playing. Any time you can get a win undermanned, missing 2 or 3 players, it’s great confidence for our guys.” pic.twitter.com/LmuraqwMvc
Kerry Kittles on the Brooklyn Nets’ chances of winning a title without Kyrie Irving in the fold currently… “No. They need Kyrie. They DEFINITELY need Kyrie. I just think that it puts too much pressure on those two guys. I think in this era nowadays, you need three stars. You definitely need three high caliber players that can control the game with the ball in their hands. We saw what happened last year with the injuries across the League; the game is so fast now, you know? Injuries are always going to play a role in today’s game unfortunately and Kyrie definitely has to come back to help this team get to the championship and have a chance of winning it. Without him, if they can make the Eastern Conference Finals, that would be a great season. I don’t care what happens in the regular season. They DEFINITELY need Kyrie in the postseason.”