Posted June 26, 2013 on AP on Fox
Bryan Colangelo is stepping down as president of the Toronto Raptors, just weeks after taking a reassigned position with the team. The Raptors announced Wednesday that Colangelo will remain as a consultant with the team and with Maple Leaf Sports & Entertainment. Colangelo joined the Raptors in February 2006 as president and general manager. He was not extended as GM after Toronto ended its 2012-13 season with a 34-48 record. The Raptors had reached an agreement with Colangelo to keep him on as president, but the 48-year-old said that on further reflection, stepping down was the best course of action. Masai Ujiri, who worked under Colangelo as Toronto's assistant GM from 2008-10, took over Colangelo's position in June.
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