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.”
In their three seasons with the Raptors, Ujiri, Weltman and Webster have helped to build a team that has won three consecutive Atlantic Division titles, advanced to the Eastern Conference Finals, posted three straight seasons with franchise-high victories, including 56 wins this past season, and compiled a 153-93 (.622) mark – the best record in the Eastern Conference in that span.
“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.”
Ujiri was named president and general manager May 31, 2013.