According to ESPN's Adrian Wojnarowski, the Wizards are prepared to offer as much as $10 million annually to the current Raptors president of basketball operations and include an opportunity for ownership equity.
Leonsis, Wojnarowski writes, could let Ujiri run the Wizards' basketball operations but also take on a leadership role with Monumental Sports and Entertainment, the company that oversees both the Wiz and Washington's National Hockey League franchise.
Ujiri has helped lead the Raptors to the playoffs in each of his six seasons with the team, so it's safe to expect that Toronto will try to keep this top-notch executive.
The Wizards, meanwhile, have interviewed two candidates for the job: Oklahoma City executive Troy Weaver and former Atlanta and Cleveland GM Danny Ferry.
Indeed, Ujiri will have a tough decision ahead of him. The Raptors won their first title in franchise history when they defeated the Warriors 114-110 in Game 6 of the NBA Finals on Thursday. But for the meantime, he has the right to celebrate and thank himself for a job well done.
Ujiri has always been an executive held in high esteem, prior to orchestrating the most successful Raptors team in franchise history, he helped lay the foundation for a formidable Denver Nuggets team.