The Toronto Raptors will announce on Tuesday that Bryan Colangelo's tenure as chief decision-maker of basketball operations is over, but sources say he will remain with the franchise in a corporate role. Colangelo has always been viewed as loyal to the organization and it appears as though new MLSE CEO Tim Leiweke and ownership will honor that. Colangelo will coincidentally represent the Raptors at the lottery on Tuesday. MLSE has hired a search firm to narrow a list of candidates, though Ed Stefanski will likely guide the front office until a new GM is hired.

The Sacramento Kings have been sold to Vivek Ranadive, which makes the status of Geoff Petrie as basketball president an unknown. Petrie is preparing for the 2013 NBA Draft as though he will still be the Kings' decision-maker. Petrie is signed through the end of June. "I haven't had the opportunity to talk to anybody yet (from Ranadive's group)," said Petrie. "But my understanding is the sale probably won't officially close for a couple more weeks. How that plays into communication, I really don't know at this point." The Kings need a point guard and also must plan a strategy for Tyreke Evans' restricted free agency. "You're closing in on some planning, just structural, ownership-driven involvement that will have to happen in a much more compressed time frame here," Petrie said.

Terrence Williams was arrested on Sunday in Kent, Washington after making alleged threats to the mother of his child while also brandishing a gun, according to police. At about 1:55 p.m., police were called to the home of the victim, who has a 10-year-old son with Williams, who was there for a scheduled visitation. An argument broke out in the parking lot and Williams allegedly took out a gun. Williams left before police arrived, but he was later taken into custody. The Celtics signed Williams to a 10-day contract in February and was eventually signed for the remainder of the season and all of next season. Williams' contract becomes guaranteed if he isn't waived before Oct. 31.

MLSE has been in negotiations with Bryan Colangelo for him to return to the Toronto Raptors in a "significant" capacity, according to sources. But the Raptors also remain in full pursuit of Masai Ujiri to assume full control of basketball operations. MLSE faces a Monday deadline to make a decision on their option on Colangelo's contract for next season. Sources tell Doug Smith of the Toronto Star that Colangelo will remain with the Raptors in a "corporate", non-basketball role.

Chris Wallace has years left on his contract as the Memphis Grizzlies' general manager, but he has no guarantees moving forward. Still, Wallace wants to remain with the organization. “I hope to be able to stay here,” Wallace said. Wallace's vision has been validated this postseason, when the core of the team that he assembled has led the Grizzlies to the Western Conference finals. “I never looked for vindication. That’s not something that motivates me,” Wallace said. “Winning takes care of all issues in this league. We felt we had to take chances.”