Colangelo decision coming

MIKE KOREEN -- Toronto Sun

, Last Updated: 10:02 AM ET

MIAMI -- The Bryan Colangelo saga is nearing an end, with many feeling the Phoenix Suns president/general manager is on the verge of joining the Raptors.

A relaxed-looking Colangelo attended a Suns game Saturday night in Phoenix and while there was speculation an announcement would be made that night, nothing transpired.

However, there are rumblings Colangelo could break his silence today with the Suns in Houston for a game against the Rockets. It is not known whether Colangelo will attend the game in Houston. There could be a news conference in Toronto as soon as tomorrow, but there has been no confirmation of that.

The story, in fact, could drag out some more because there still are steps that need to be taken before any announcement can be made. For one, Colangelo has to divest his small ownership stake in the Suns. Several Suns investors were on hand Saturday night, leading to rumours that Colangelo was in the process of doing just that.

Secondly, the Raptors may have to give the Suns compensation for swiping Colangelo and giving him a similar job title in the middle of the season. The Suns, however, did give the Raptors permission to speak to Colangelo.

Finally, the Raptors and Colangelo still need to hammer out final details of a contract. Colangelo spoke with the Raptors last Tuesday in Toronto, but he has not been presented with a final offer.

While it is probably just a matter of dotting I's and crossing T's, the two parties have to sit down to complete that task. The Raptors are believed to be offering in the neighbourhood of $3-$3.5 million US annually for Colangelo, well up from his current salary of about $1 million in Phoenix.

Fuel was added to the fire when two New York newspapers speculated yesterday that Colangelo's move to Toronto would, indeed, go down. Colangelo has been mentioned as a candidate to run the lowly New York Knicks, but he seems serious about making Toronto his next home.

No matter what happens, the Raptors are running business as usual with interim GM Wayne Embry in charge. Before the trade deadline, he said he planned to use the team's open roster spot to test some players on 10-day contracts. Don't be surprised if they make their first call-up this week.

The Raptors had a short practice yesterday in Miami after a heart-breaking 115-113 overtime loss against the Dallas Mavericks Saturday afternoon in Texas. They end their five-game road swing tonight against the Heat, after going 1-3 in the first four games, pretty much ending hopes for an improbable playoff run.

However, coach Sam Mitchell continues to give out playing time to his veterans, with second-year players Pape Sow and the injured Rafael Araujo now out of the rotation and rookie Joey Graham struggling to earn minutes.


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