Toronto Raptors GM Bryan Colangelo will be named NBA executive of the year Monday, according to a team source. Colangelo, who won the award in 2005 as Phoenix Suns GM, completely overhauled a Toronto team that won just 27 games in 2005-06. Colangelo's Raptors - who began the season with nine new players - matched a franchise record with 47 wins and earned their first playoff berth in five years. Last off-season, Colangelo signed two-time Euroleague MVP Anthony Parker and Spanish forward Jorge Garbajosa to free-agent deals and traded for guard T.J. Ford, centre Rasho Nesterovic and forward Kris Humphries. He also made seven-foot Italian forward Andrea Bargnani the first European to go first overall in the draft. Bargnani, whom many expected to struggle in adapting to the NBA, finished second in rookie of the year voting with averages of 11.6 points and 3.9 rebounds. Colangelo also dealt seldom-used guard Fred Jones, another summer acquistion, to Portland for Juan Dixon, whose shooting made him an asset in the stretch run. Raptors head coach Sam Mitchell was named coach of the year last month.