Masai Ujiri has been identified as the Toronto Raptors' top target to replace Bryan Colangelo as general manager.

The Raptors could offer Ujiri a salary in excess of $2 million to leave the Denver Nuggets.

Ujiri is reportedly earning approximately $500,000 in the final season of his contract with the Nuggets. The Nuggets, however, are confident that they will be able to retain Ujiri.

The Toronto Raptors will announce on Tuesday that Bryan Colangelo's tenure as chief decision-maker of basketball operations is over, but sources say he will remain with the franchise in a corporate role.

Colangelo has always been viewed as loyal to the organization and it appears as though new MLSE CEO Tim Leiweke and ownership will honor that.

Colangelo will coincidentally represent the Raptors at the lottery on Tuesday.

MLSE has hired a search firm to narrow a list of candidates, though Ed Stefanski will likely guide the front office until a new GM is hired.

MLSE has been in negotiations with Bryan Colangelo for him to return to the Toronto Raptors in a "significant" capacity, according to sources.

But the Raptors also remain in full pursuit of Masai Ujiri to assume full control of basketball operations.

MLSE faces a Monday deadline to make a decision on their option on Colangelo's contract for next season.

Sources tell Doug Smith of the Toronto Star that Colangelo will remain with the Raptors in a "corporate", non-basketball role.

After a breakout season in Europe, Gani Lawal has intrigued NBA teams and could receive consideration for a contract, league sources told RealGM.

Lawal has already scheduled workouts – private and as part of mini-camps – with the Indiana Pacers, Toronto Raptors and Orlando Magic, sources said. Four to five other teams have discussed bringing him in to work out, too.

Lawal, the 6-foot-9 athletic, scrappy forward, had his best professional season with Italy’s Virtus Roma, averaging 13.3 points, 8.8 rebounds and 1.4 blocks. Virtus Roma has gone 20-10 this season and ranks third in the league standings.

Since leaving the Phoenix Suns organization that drafted him in the second round in 2010, Lawal, 24, has lost weight and added strength. Lawal played one game with the Suns two seasons ago and was in the San Antonio Spurs’ training camp in 2011, but he was derailed by injuries and didn’t figure into a long-term plan. He was drafted after three years at Georgia Tech.

The Toronto Raptors are pursuing Masai Ujiri to become the team's top basketball executive, according to sources.

Ujiri was named the 2013 NBA Executive of the Year for his work as general manager of the Nuggets.

Ujiri's contract with the Nuggets expires this summer and he has been in discussions on an extension.

Korn/Ferry International, the search firm hired by MLSE to search for a new GM for the Raptors, has identified Ujiri as its top candidate.

MLSE has until Monday to make a decision on whether to retain Bryan Colangelo, who could stay with the franchise under a new decision-maker.

Ujiri worked for three years with the Raptors under Colangelo before becoming GM of the Nuggets.

MLSE, owner of the Toronto Raptors, have hired a firm to search for a possible replacement for Bryan Colangelo.

The Raptors have until Monday to make a decision on whether to pick up their option on Colangelo's contract for the 13-14 season.

Kevin Pritchard and Troy Weaver are two names being mentioned as candidates to replace Colangelo, should the Raptors make a move.

Tim Leiweke became CEO of MLSE last month and will have final say on the Raptors' general manager position.

Damian Lillard headlines the 2013 NBA All-Rookie Team as a unanimous selection.

Bradley Beal, Anthony Davis, Dion Waiters and Harrison Barnes joined Lillard on the All-Rookie First Team.

On the All-Rookie Second Team is Andre Drummond, Jonas Valanciunas, Michael Kidd-Gilchrist, Kyle Singler and Tyler Zeller.

The Toronto Raptors have requested permission to interview Tyronn Lue for a position on Dwane Casey's coaching staff.

Lue has been an assistant coach with the Boston Celtics since 2009.

Tim Leiweke doesn't officially begin his tenure as president of the Toronto Raptors until June 30, but he will have influence over the MLSE board's decision on whether to pick up Bryan Colangelo's contract option for the 13-14 NBA season at a mid-May meeting.

It had been assumed that the Raptors would give Colangelo and Dwane Casey one more season to produce better results, but the situation has presumably changed due to the presence of Leiweke.

Phil Jackson is one candidate to take over the Raptors' front office.

Phil Jackson is prepared to listen to a pitch from the Toronto Raptors about taking a lead role in their basketball operations, but a source says that he wants to listen to options from other teams as well.

Jackson would prefer an advisory role similar to Jerry West's current position with the Golden State Warriors rather than a more active role similar to Pat Riley with the Miami Heat.

Multiple sources doubt whether Jackson would be satisfied by a position with the Raptors. A similar position with the Charlotte Bobcats was not initially appealing to Jackson.

Jackson would seek a situation where he can hire a head coach that would implement his vision.

Speculation that Jackson could end up with the Raptors increased with the hiring of Tim Leiweke, former CEO of AEG.

"He's very well-connected in the league and he has to rebuild that franchise," a league source said of Leiweke. "... He's about championships. They didn't just bring him in there to mind the house."

Sources told ESPN that the Raptors perceived the Seattle-based ownership group that has been attempting to purchase the Kings as the Raptors' biggest threat for Jackson.