After signing one of their key players to a huge contract and adding some free agents to their roster this summer, the Toronto Raptors are now nearing an agreement to keep the services of the executive who helped turn the team into one of the more successful in the NBA today. That would be President of Basketball Operations, Masai Ujiri.

The 46 year old still has two years left in his current five-year, $15 million contract he signed in 2013, but the team wants to secure him to an extension and are reportedly offering a more lucrative offer.

Ujiri started his NBA front office career with the Raptors and rose up to assistant general manager before moving to Denver where he became the first African-born general manager in professional sports. He won Executive of the Year in 2012-13 before being lured back to Toronto.

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During his time with the Raptors,  Ujiri oversaw great successes. Some of these include hosting the All-Star Game, re-signing stars Kyle Lowry and DeMar DeRozan, signing key complementary players Jonas Valanciunas, DeMarre CarrollCory Joseph, Patrick Patterson, Terrence Ross, doing well at the draft, setting a franchise record for wins three years in a row, winninga playoff series for the first time since 2001, and opening a new state-of-the-art practice facility.

After turning around the franchise, from having losing records year in and year out, to a perennial playoff contender and even reaching the Eastern Conference Finals last season, it is no surprise the Raptors want their President on board to sign for the long haul.