The Raptors have a 15.6 per cent chance of winning the first pick in Tuesday night’s NBA draft lottery. Count Bryan Colangelo’s chances of earning a contract extension many times higher.
The club’s president and general manager is closing in on a new multi-year deal to remain in charge of Toronto’s basketball operation, multiple NBA sources said Tuesday.
“It’s happening,” said one person with knowledge of the negotiations.
Sources say the Ontario Teachers’ Pension Plan, the club’s majority owner, continues to make progress in its ongoing effort to sell its interest in Maple Leaf Sports and Entertainment, the company that owns the Raptors and Maple Leafs, among other interests.
With their eyes on an ever-more-probable exit, the pension plan’s representatives have appeared unwilling exert influence on a future that isn’t likely to include them. That’s been a boon to the Raptors’ GM, of course, since the pension plan’s Glen Silvestri has made a name as the chief anti-Colangelo voice on the board of directors.
Without Silvestri actively leading the opposition to Colangelo’s continuing presence in Toronto, the GM has no shortage of influential support.
Larry Tanenbaum, the chairman of the board and the minority owner, counts himself a believer in Colangelo’s ability to reverse the fortunes of the struggling club, which has missed the playoffs for three straight seasons. Richard Peddie, the CEO who also holds a seat on the board, has also voiced public support for Colangelo’s rebuilding plan.
Colangelo, who was en route to the New York area on Tuesday morning, has declined comment on his contract status in recent days.
As multiple league sources said this week, his is a “delicate” situation. And his isn’t the only one.
Jay Triano, the head coach, is staring down a June 15 deadline on the one-year club option on his contract. Most of Triano’s staff is also in limbo, as is Maurizio Gherardini, the vice president of basketball operations and resident guru of the international game, who is without a contract beyond next month.
If the Raptors and Colangelo can’t reach an agreement, the franchise has its backup plan.
As ESPN.com first reported, Wayne Embry, the 73-year-old advisor, would be the likely candidate to be named interim GM. In that event Embry, who has refused comment on the matter, would preside over Toronto’s first-round pick in the June draft.
Source: Toronto Star
I personally like this move. BC is a very experienced GM with many years doing buisness within the NBA. He was born into the position. He has made major mistakes recently and owned up for those mistakes, with a promise to correct them. he promised to develop Toronto's young talent, adress the C position, and adress the Andrea Bargnani situation, whether that means trading pastapower or correcting his lack of agression it will be adressed. BC is on a short leash, and if he does not find some success with the Raptors, it could prove difficult for him to find another lead GM position in the NBA. I would rather have a hungry BC then wander into the unknown. He better smarten up though.
Akwaaaard.....Lol good eyes OhCanada
Wow almost the same moment
Well its called committment. Ive been trying to show the way to our...less experienced users. In this world 30 seconds makes a large difference! YOU HAVE TO BE READY! PREPARED! HUNGRY! Now I will go for my nap and wake up around 7 to PREPARE! for the draft lottery. LOL.
Seriously thou, its a good thing...sign BC.
B.C's draft history has been remarkable and as a GM his drafting is one of his best attributes.
Shawn Marion -9th Overall Pick in 1999 Draft.
Amar'e Stoudemire - 9th Overall Pick in 2002 Draft.
Steve Nash -15th Overall Pick in 1996 Draft.
Michael Finley-21st Overall Pick in 1995 Draft.
Stephen Jackson -43rd Overall Pick in 1997 Draft.
Not to mention Bargnani, DeRozan & Davis
I like the fact that BC isn't affraid to wheel and deal. He's certainly not gunshy. Its nice to have an active GM, but I have to question some of his past signings and trades. He's a good GM but not a Sam Presti. Here's a nice link to his Toronto history here http://bleacherreport.com/articles/675965-what-is-brian-colangelo-doing-wrong#/articles/675965-what-is-brian-colangelo-doing-wrong I guess I can't complain too much, Toronto could end up with another Babcock or Embry.
I guess this is good news. Although I don't think BC is good, he's not bad. Now that he probably would focus on building a new team, he probably would do better than during the Bosh-era.
The only GM that I think would be better than BC is Kevin Pritchard, but there has been no news on Raptors trying to get Pritchard, so I assume it was never a consideration. Given that, keeping BC is actually the right move as he's probably the best the Raptors can get and we definitely need him for the draft. We can't let the like of Embry and Kelly to make draft decisions. It would have been a disaster.
BC should be able to draft a solid player to continue building our young core.
I wish he would go one step further to acquire more draft picks. It's better to spend money on unknown players with high potential at rookie-scale low salary than to overpay for known role players that wouldn't get much better.
Just don't slide out of the top 3!!!
I like the BC move, he is not afraid to gamble and you can't blame him for some of the moves he made. Bosh wanted a big so he got O'neil I remember how excited fans were over the move.Wasn't BC's fault he was hurt a lot. He got Turk the hottest free agent of the year, again fans were excited, who knew he'd resemble the candy bar more than a bball player.
He's done a pretty good job repairing those moves, getting younger and some cap space...I'm glad hes back...
Now just get KYRIE!!!!!
He has been signed.
I just signed an extension on the years I hope the raptors lose.
Colangelo is good at the draft so I trust his scouting instinct if we're going to get lottery picks the next few years. Hopefully he doesn't try to sign any free agents..... (or trade any draft picks)
Pritchard was the superior option here. Damn shame.