Bryan Colangelo is in the final year of his five-year contract with the Raptors, but the general manager says he hasn't spoken to anybody within the franchise about his future.

The Raptors are headed for the lottery for the third consecutive season.

There have been rumors that Colangelo is seeking another five-year deal worth at least the $20 million his current contract was valued at, according to the Globe and Mail.

Colangelo says he's made no contract demands and his focus is on taking advantage of Toronto's improving draft position by scouting tirelessly.

"I haven't talked to anyone about my contract," he said. "Anyone who says I have is talking BS. I'm not looking for the door right now; I love being here. My focus is on moving forward."