Toronto Raptors president and general manager Bryan Colangelo will be announced as the National Basketball Association executive of the year Monday, according to league sources.

The 41 year-old executive engineered an NBA-best 20-win reversal in his first full season running the team since coming over from the Phoenix Suns at the end of the 2005-2006 season.

Colangelo used salary cap space to sign three veteran free agents and two from Europe ? Jorge Garbajosa and Anthony Parker ? who were starters on a team that tied a franchise record with 47 wins and earned the Raptors their first Atlantic Division title.

He added a third starter by trading Charlie Villanueva for T.J. Ford, who joined with Jose Calderon to form one of the NBA's best point guard tandems. A fourth starter, Rasho Nesterovic, was acquired in a trade that sent little used Matt Bonner and Eric Williams to the San Antonio Spurs.