Penn alum Ed Stefanski hired by the NBA's Toronto Raptors

Despite the NBA's lockout, Ed Stefanski already has his next job lined up, just a week after being fired as the Philadelphia 76ers GM.

A Wharton grad (Class of '76), Stefanski won two Ivy titles during his three seasons playing for the Quakers under the late, great Hall of Fame coach Chuck Daly. Stefanski will serve as a member of the Toronto Raptors' basketball operations staff. He spent the last four years as president and GM of the Sixers, who compiled a 149-179 record over that span. Ironically enough, Philly.com reported that Stefanski found out he was done with the club the morning that the Sixers announced their official sale to fellow Wharton alum Josh Harris — that announcement came at the Palestra, no less.

Check the release for more.