Looks like it, unless they have a change of heard today. He's got one more year left on his contract apparently.
Maybe they let him ride it out and then drop the president's role all together? How many years does Masai have left on his? Does TFC have a president? When you own multiple professional franchises, it'll be hard to justify different operating structures.
Having a CEO who is involved in the sports teams, kinda makes the president role redundant imo.
He should be gone imo. Did a good job with the initial buildout, but massive failure in progression for the franchise (as far as on-ice results go).