Bryan Colangelo named 76ers President of Basketball Operations

PHILADELPHIA (WPVI) -- The Philadelphia 76ers have named Bryan Colangelo as President of Basketball Operations replacing Sam Hinkie, the team announced Sunday.

Hinkie quit Wednesday after less than three seasons with the team.

Hinkie ran an analytics-minded front office and stripped the organization of all major talent in the hope of bottoming out in the standings and acquiring lottery picks.

His power was weakened in December when the Sixers hired longtime NBA executive, and Bryan's father, Jerry Colangelo as chairman of basketball operations.

Team owner Josh Harris says he was disappointed in Hinkie's decision but that, "Sam's work has put us in a very strong position to take advantage of numerous opportunities for an exciting future."

Hinkie sent the 76ers ownership a 13-page resignation letter.

Colangelo served as President and General Manager of the Toronto Raptors from 2006 to 2013.

Colangelo was named NBA Executive of the Year in 2007 and in 2005, when he was with the Phoenix Suns.

The 76ers also announced Jerry Colangelo will relinquish the role of Chairman of Basketball Operations and remain as a special adviser to Harris.

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The Associated Press contributed to this report.