Bryan Colangelo out in Toronto

Updated: June 26, 2013, 11:58 PM ET
Associated Press

TORONTO -- The Toronto Raptors are truly Masai Ujiri's team now.

Bryan Colangelo abruptly stepped down from his role with the Raptors on Wednesday, ending their brief experiment as co-presidents of the squad.

"Having had a better chance to reflect on things for the past several weeks, I have concluded that stepping away from my position is the best course of action for the organization and everyone involved," Colangelo said in a press release.

The Raptors said Colangelo will ...

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