Masai Ujiri is in serious negotiations with Maple Leaf Sports and Entertainment to become the next general manager of the Toronto Raptors.

Ujiri will take the next couple days to fully consider the move, but signs are currently pointing to him taking the position with the Raptors.

The Denver Nuggets do not intend to make an aggressive counter to the Raptors' multi-million dollar offer.

Denver ownership "seems to be moving on," one league source familiar with the talks told Y! Sports.

The Raptors are believed to be offering double or even triple the best deal Ujiri has received from the Nuggets.