The Raptors, according to sources close to the situation, continue to pursue Jackson and continue to believe they have a shot to lure him to Canada as team president because of Jackson's longstanding relationship with new Toronto pro sports impresario Tim Leiweke.

The Raps, though, still have yet to announce a decision on the fate of current team president Bryan Colangelo after Colangelo made a presentation to the Maple Leaf Sports and Entertainment board Tuesday to urge his bosses to pick up the 2013-14 option on his contract. One source briefed on the process expects Colangelo's fate to be formally announced this week in advance of the annual Chicago pre-draft camp.