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.

"This team is his, now, to lead and I know we all look forward to what comes next," MLSE CEO Keith Pelley said in a statement.

The Toronto Raptors went looking for a new team president this summer and wound up staying in-house instead. On Monday, Maple Leaf Sports and Entertainment announced that general manager Bobby Webster will continue leading the franchise,