The Toronto Raptors are finalizing an agreement with former Philadelphia 76ers general manager Ed Stefanski to take over as the franchise’s executive vice president of basketball operations, league sources told Yahoo! Sports.

Stefanski, who was fired as the 76ers’ GM a week ago, will report to Raptors president-GM Bryan Colangelo, who will still have final say on basketball matters. Stefanski will ultimately replace Masai Ujiri, who left Toronto to become the Denver Nuggets GM last year.

Colangelo conducted a lengthy search and ultimately targeted Stefanski in recent weeks for the job. Former New Orleans Hornets GM Jeff Bower was the runner-up. San Antonio Spurs assistant GM Dennis Lindsey had been a strong candidate, too.

– Reported by Adrian Wojnarowski of Yahoo! Sports