Raptors' Colangelo steps down, moves to consulting role
Bryan Colangelo stepped down from his new role as president of team and business operations on Wednesday, the Toronto Raptors announced.
The NBA coaching and front office carousel never stops spinning. Longtime Raptors executive Bryan Colangelo resigned from his position as president of team and business operations on Wednesday and will shift into a consulting role.
The announcement came about a month after Colangelo was removed as president and GM and replaced by Masai Ujiri, the reigning executive of the year who was lured from Denver to take over the Raptors' basketball operations.
At the time of the moves, the Raptors announced that Colangelo was given a contract extension to shift to his new role on the business side. On Wednesday, Colangelo said the "chance to reflect on things" led him to change course. He'd been with the organization since February 2006, when he was named president and GM.
"I have concluded that stepping away from my position is the best course of action for the organization and everyone involved,” said Colangelo, who will consult for the team and its parent company, Maple Leafs Sports & Entertainment.
A league source told CBSSports.com that Colangelo was at odds with Tim Leiweke, who was named named president and CEO of Maple Leafs Sports & Entertainment in April. In his statement released by the team, Colangelo mentioned directors Larry Tanenbaum and Dale Lastman, as well as MLSE ownership, but did not mention Leiweke by name.
After Ujiri was hired away from the Nuggets, the team dismissed executive vice president of basketball operations Ed Stefanski. Marc Eversley, the team's vice president of college scouting, has a contract that expires June 30. His future with the team has yet to be determined.
The move comes on the same day that saw Larry Bird return from a year off to reclaim his position as president of the Indiana Pacers, with longtime executive Donnie Walsh moving to a consulting role. All told, seven NBA teams have new presidents or GMs since the season ended -- eight, if you count Doc Rivers, who was hired by the Clippers on Tuesday as coach and senior VP of basketball operations.
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