Bryan Colengelo is confident the Toronto Raptors’ young core of talent will pay off down the road.

“We’re executing a plan that we outlined and defined for everyone 2 1/2 years ago,” Colengelo said. “When the new board [at MLSE] came on, I outlined where we were in the process of implementing that plan and executing that plan.

“I’ve given them scheduled updates, I’ve given them unscheduled updates when things got off to a little bit of a rough start. But I know that we’re very comfortable with the path we’re following.”

Colangelo’s contract runs out at the end of the season, and the Raptors’ ownership group holds an option on whether to extend his deal.

 “We’re all being evaluated all the time,” MLSE president and chief operating officer Tom Anselmi said Wednesday, when asked about Colangelo’s status. “Bryan and his team are in the midst of a rebuilding process, and that’s what you always want to see, a process.”

Anselmi went on to say: “We’re going to have to make a decision at some point in the next few months” on whether to pick up the option on Colangelo’s contract.