After refusing to accept another marginalization of his power, Philadelphia 76ers president of basketball operations and general manager Sam Hinkie resigned Wednesday, clearing the way for two-time NBA executive of the year Bryan Colangelo to take over as general manager, league sources told The Vertical. "While we are disappointed in Sam's decision, we would like to sincerely thank him for his contributions over the past three seasons," 76ers managing general partner Josh Harris said in a statement. "There is no question that Sam's work has put us in a very strong position to take advantage of numerous opportunities for an exciting future."