It’s official, Colangelo out as Raptors GM, moves to business side

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Bryan Colangelo is still going to collect a paycheck from the Raptors.

But he’s not going to have sway over the basketball side of the operations — and that’s what matters most to Raptors fans.

Tim Leiweke, the new CEO of Raptors owner Maple Leaf Sports and Entertainment, confirmed previous reports Tuesday on a conference call — Colangelo will stay on as Raptors team president, however a new GM will be hired who will report directly to Leiweke.

Colangelo struggled with the Chris Bosh situation, and of late he struggled with having a real plan for the team — the Raptors have become a collection of players but with no real vision from the top as to what kind of team they wanted to build.

Leiweke said the search is on for a new GM. There are reports they are about to make a very large offer ($2 million a year) to Nuggets GM Masai Ujiri to take over the organization. His contract is up in Denver and while the Nuggets want to keep him they are going to have to up what they pay him considerably (reportedly the Toronto offer is four times what he made last year).

Whoever is the new GM, Leiweke said that person will make the decision on the future of coach Dwane Casey.