The Toronto Raptors' search for a new team president is over, with general manager Bobby Webster having his contract extended to be the team's head of basketball operations. The NBA team will not appoint a president at this time.

The Toronto Raptors have done what was expected and extended the contract of general manager Bobby Webster, making him the unquestioned head of basketball operations, while not formally hiring a president to replace Masai Ujiri.

Raptors GM Bobby Webster joins swingman Scottie Barnes in locking down a long-term future in Toronto.

The Toronto Raptors have added responsibilities to general manager Bobby Webster in lieu of naming a new president of basketball operations, the team announced on Monday. Webster takes over many of the roles that fell under Masai Ujiri,

Although the team will not a hire a new president, Webster succeeds his former boss, Masai Ujiri, as the lead Raptors executive. The Raptors parted ways with Ujiri on June 27, one day after the NBA draft, and announced that they had enlisted CAA Executive Search to assist in hiring a new team president. Webster will remain in the GM role.

The Toronto Raptors named Bobby Webster as the team's head of basketball operations and agreed to a new contract with him on Monday, according to ESPN's Shams Charania.