The Raptors remain interested in trading Andrea Bargnani, according to president Bryan Colangelo.
"I still would say there's value in Andrea as a player," said Colangelo. "I get the fact that a change of scenery is probably best for all sides. I've publicly acknowledged that but, again, the new guy is going to have to decide how to handle it and there are a few options." Colangelo is referencing the new general manager who has yet to be hired, and we'd bet Bargnani starts next season elsewhere. It's hard to see the Raptors getting anything of real value in return for the former No. 1 overall pick.

MLSE CEO Tim Leiweke said Bryan Colangelo will stay with the Raptors as team president, but he will not be general manager.
This is quickly turning into an embarrassing mess for the Raptors. After it was reported Colangelo would move into a corporate role, he'll remain with the team as president, but the new GM will report directly to Leiweke, not Colangelo. The new GM will have final say on draft, trades, contracts and coach, and Colangelo's role will include consulting and "expanding Raptors footprint nationally."

Denver GM Masai Ujiri and Raptors vice-president of basketball operations Ed Stafanski are two candidates to assume control of basketball-related decisions for the Raptors.
The Raptors are going hard after Ujiri and could be prepared to make a lavish offer to him, while Stafanski currently works for the team. The future of head coach Dwane Casey is very much up in the air and a decision on his status will likely be made by whatever candidate replaces Bryan Colangelo, but it's too early to tell what may happen there.