The Toronto Raptors have stunningly parted ways with president and vice chairman Masai Ujiri just a day after the NBA Draft.
Ujiri had been with the organization in his current stint since 2013, and helped lead the team to its first title in 2019.
But despite overseeing the team's draft this year, Ujiri will no longer continue with the Raptors according to ESPN's Shama Charania.
Charania added that Ujiri was entering the final year of his contract with Maple Leaf Sports & Entertainment, the parent company of the Raptors, and that both parties 'decided' to split.
Toronto made two selections in this year's draft, picking Collin Murray-Boyles at No. 9 before selecting Alijah Martin at No. 39 overall on Thursday night.
The Raptors have yet to publicly announce the decision to part ways with Ujiri, who won the NBA's Executive of the Year award in 2013 while with the Nuggets.
Masai Ujiri spent two stints with the Raptors and led them to their first title in 2019
Collin Murray-Boyles was selected No. 9 overall by the Raptors on Wednesday night
In what turned out to be his final season with the team, Ujiri orchestrated a significant trade for Brandon Ingram, sending a 2026 first-round pick, 2031 second-round pick, Bruce Brown and Kelly Olynyk to the Pelicans.
Ingram was also signed to a three-year, $120million contract extension afterwards.
The Raptors ownership group experienced a shake-up last September as Rogers Communications became the new majority owners of MLSE, who also own the Maple Leafs.
Rogers previously owned a 37.5 percent stake in the company alongside Bell, but bought out Bell's stake in September.
Ujiri was reportedly making $15million per year leading the Raptors.
The 54-year-old was born in Bournemouth, England before coming to the United States to play high school and college basketball.
He suited up for Bismarck State and Montana State Billings before embarking on a playing career in Europe.
After holding scouting roles with the Magic and Nuggets, Ujiri became the director of global scouting for the Raptors and later their assistant GM in 2008.
He was promoted to GM by the Nuggets, where he spent three years from 2010-13, before returning to Toronto in the same role.