Since going from the Denver Nuggets to the Toronto Raptors, Masai Ujiri has been impressive as the team's lead executive, shaping a solid team into the No. 2 seed in the Eastern Conference. It was originally assumed that Ujiri would tear the roster down and go through a big rebuild. Instead he managed to refrain from trading away key players like Kyle Lowry and ended up building around his dynamic, All-Star backcourt that includes DeMar DeRozan as well.

The Raptors went from a team that couldn't get out of its own way in the first round of the playoffs to a team that pushed the eventual champion Cleveland Cavaliers to six games in the Eastern Conference finals. That hasn't been lost on Raptors' ownership. They announced on Friday they've agreed to a multi-year extension with Ujiri and have promoted Jeff Weltman to general manager and Bobby Webster to assistant general manager. Ujiri had previously held the dual role of president and general manager. From the Raptors:

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 gratitude and respect we hold for Masai and our Raptors senior management team are reflected in our Board's action to extend Masai's contract," said Larry Tanenbaum, Chairman of the Board. "We are excited to build on our team's success and to give Masai our full support in delivering to our fans and to our country the Toronto Raptors' first NBA championship."

Masai Ujiri talks to front office staff at shootaround
Masai Ujiri is now the team president. USATSI

Ujiri, Weltman and Webster have helped shaped the Raptors roster, leading them to their best team in franchise history. Weltman joined the Raptors in 2013 after five years with the Milwaukee Bucks' front office. Webster also joined in 2013, after having spent seven years with the NBA league office in New York. Webster is a collective bargaining agreement guru and helped advise 30 teams on salary cap, luxury tax and basic management from the financial side of things.