The Toronto Raptors PR Staff sent out this release late Friday afternoon on the announcement of Masai Ujiri signing an extension with the team:
The Toronto Raptors announced Friday they have signed President Masai Ujiri to a multi-year contract extension and promoted Jeff Weltman to general manager and Bobby Webster to assistant general manager/vice-president basketball strategy. Ujiri will continue to oversee basketball operations as president of the club.
“I am grateful to the Board and Mr. Tanenbaum for the opportunity to continue our progress to build the Raptors into one of the top franchises in the NBA,” said Ujiri. “I’m also excited that Jeff and Bobby are being rewarded for their hard work and valuable contributions to our program.
“My family thanks the NBA, Raptors players and coaches, staff, Raptors fans, the city of Toronto and Canada for this opportunity. Toronto is home for us.”
In their three seasons with the Raptors, Ujiri, Weltman and Webster have helped to build a team that has won three consecutive Atlantic Division titles, advanced to the Eastern Conference Finals, posted three straight seasons with franchise-high victories, including 56 wins this past season, and compiled a 153-93 (.622) mark – the best record in the Eastern Conference in that span.
“The gratitude and respect we hold for Masai and our Raptors senior management team are reflected in our Board’s action to extend Masai’s contract,” said Larry Tanenbaum, Chairman of the Board. “We are excited to build on our team’s success and to give Masai our full support in delivering to our fans and to our country the Toronto Raptors’ first NBA championship.”
Ujiri was named president and general manager May 31, 2013. In addition to his role with the Raptors, Ujiri has been tireless in his efforts to promote and develop the game of basketball throughout Africa. He is the founder of the Giants of Africa Foundation, which launched the Top 50 and Big Man camps in his homeland. He has also served as the director of the NBA’s Basketball Without Borders program since 2002.
“We take great pride in the strength of our senior leadership with MLSE’s teams and the Raptors are a prime example of that,” said Michael Friisdahl, President and CEO at MLSE. “Masai, Jeff and Bobby have done an outstanding job of not only building a winning Raptors organization but igniting a passion for this team with our fans in Toronto and across the country.
“The stability this move brings is important for the team and its fans and we look forward to building on the Raptors’ success under Masai’s continued leadership.”
Weltman joined the Raptors on July 2, 2013 as executive vice president, basketball operations following five seasons as assistant general manager with the Milwaukee Bucks.
The longtime NBA executive has also been director of basketball administration with the Detroit Pistons, assistant general manager with the Denver Nuggets and director of player personnel with the Los Angeles Clippers.
Webster was named vice president, basketball management and strategy July 3, 2013. Webster joined the Raptors after working for the NBA league office in New York the previous seven seasons.
While at the NBA, Webster advised front office personnel from all 30 teams on CBA matters related to salary cap and luxury tax planning, player contract negotiations and trade proposals.