By Charlie Wilmoth

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Jul 14, 2011 – Adrian Wojnarowski reports that Toronto Raptors president and GM Bryan Colangelo has found three candidates to be the team’s new GM. Those candidates are ex-New Orleans Hornets GM Jeff Bower, Philadelphia 76ers GM Ed Stefanski, and San Antonio Spurs assistant GM Dennis Lindsey.

Colangelo may or may not step down as general manager (but maintain his position as president), depending on whether he can find a replacement GM he likes. 

If the Raptors do hire a new GM, it’s unclear exactly what his relationship with Colangelo would be. Colangelo would retain veto power on basketball moves, and might continue to participate in basketball-related decisions.

Colangelo had a good run with the Phoenix Suns and a nice start to his career in Toronto, leading to NBA Executive Of The Year awards in 2005 and 2007. But the Raptors have fallen on hard times in the past few years, finishing below .500 in each season since 2008-09 (and losing Chris Bosh in 2010). The Raptors won just 22 games in 2010-11.

For more on the Toronto Raptors, check out Raptors HQ.

Read More: Chris Bosh (F – MIA), Jeff Bower (H – NOH), New Orleans Hornets, Phoenix Suns, San Antonio Spurs, Philadelphia 76ers, Toronto Raptors