The clock continues to tick for Philadelphia 76ers president Bryan Colangelo as the team goes through its investigation of anonymous Twitter accounts reportedly linked to him. Based on the latest reports, Colangelo’s future with the team could be decided as soon as today.

ESPN’s Adrian Wojnarowski reports the Sixers’ ownership group, including team CEO Scott O’Neill, met to discuss the findings of their recent probe into Colangelo’s social media activity necessitates Colangelo being fired:

The Philadelphia 76ers ownership group, including CEO Scott O’Neill, met for several hours in New York on Tuesday evening to discuss whether the findings of a probe into president of basketball operations Bryan Colangelo necessitate his firing, league sources told ESPN.

A decision could be reached as soon as Wednesday, league sources said.

The Sixers retained the law firm of Paul/Weiss to investigate several secret Twitter accounts that have been tied to Colangelo and his wife, Barbara. Investigators interviewed Colangelo, 53, and his wife separately for several hours Sunday and Monday, league sources said.

Colangelo has professed no knowledge of his wife’s alleged year-plus of unleashing privileged information and attacks on Sixers players, coaches and former and rival executives, sources said. The Sixers ownership is struggling to separate Colangelo from his wife, if she indeed posted those remarks.

TNT analyst David Aldridge reported earlier this week that a mid-week deadline seemed to be in the cards for the Sixers, who have been investigating the Twitter saga since news of it broke last week. The Sixers are gearing up for what could be a busy offseason for them as they have significant salary cap space that they could use to woo marquee free agents this summer.

* Aldridge: Twitter saga puts Colangelo’s job in uncertain state

Wojnarowski reports that league sources have told ESPN that regardless of what happens to Colangelo, the Sixers plan to put coach Brett Brown front and center in the July free-agent presentations. Others in the Sixers’ front office could have bigger roles in free agency, too, write Wojnarowski:

The Sixers could turn to assistant general managers Marc Eversley and Ned Cohen to navigate the Sixers through the June 21 draft and July free agency.

Even if Colangelo is cleared and remains in his post, T.J. Furman of Philly.com reports the Twitter saga may still affect Philadelphia’s summer and beyond:

Even if the investigation clears the Colangelo family, the Sixers owners will still have to consider how effective Bryan Colangelo can be in his job as the team approaches free agency next month. The Sixers have the ability to sign or trade for superstar players this offseason, and there has been speculation that LeBron James, Paul George, or Kawhi Leonard could come to Philadelphia. Several NBA sources told the Inquirer and Daily News that the report had seriously harmed Colangelo’s reputation.

“I think the damage is done,” said one executive, who spoke on condition of anonymity. “I don’t know if the players can trust him. I think he lost the trust of the players unless it’s proven definitively that it wasn’t him.”

Per Aldridge, many prominent agents contacted by NBA.com in the past few days asked to have all the facts come in before determining if they’d be comfortable working with Colangelo in the future.

“I like Bryan very much and am hoping there is a logical explanation,” a prominent player agent texted late last week. “If true, would be tough to confide in him, however.”

Another prominent agent said that while he would have no problem going forward working with Colangelo, players might be a different story.

“He’s always been fair and honest with me,” the agent said. “I hope it’s not true. I think players will have a hard time trusting him though if it is. … I would tell (the agent’s clients) about my personal dealings with him but this issue would certainly be one of the many factors to weigh. At the end of the day, though, the players usually (but not always) choose their destinations based on the best money offer and role.”

Another prominent agent, though, pointed out that Colangelo would hardly be the only front-office person engaged in, shall we say, curious behavior.

“There are so few competent GMs and so few execs who don’t lie,” the agent said. “If those were (the) criteria we’d have six GMs in the league.”

NBA commissioner Adam Silver responded the Colangelo/Sixers issue at his Finals news conference Thursday, saying the investigation will be get done, but not by cutting corners.

“Well, for the league there is always that balance of speed and doing things in a deliberate and appropriate way,” Silver said. “So I have talked to management at the 76ers, and the notion here was let’s find out what’s going on.

“So, of course, from the league standpoint, here we are, Game 1 of The Finals, it’s not necessarily something we want to be talking about, but it’s the reality of this league,” Silver added. “So I have no information beyond that other than that investigation is underway.”

The Sixers started their investigation into tweets linked in a report to Colangelo that criticized Sixers players Joel Embiid and Markelle Fultz, among other NBA figures.

The burner accounts also took aim at former Sixers general manager Sam Hinkie, Toronto Raptors executive Masai Ujiri and former Sixers players Jahlil Okafor and Nerlens Noel, according to a report by The Ringer website.

“The allegations are serious and we have commenced an independent investigation into the matter,” the Sixers said Wednesday in a statement. “We will report the results of that investigation as soon as it is concluded.”

The website asked the team about five Twitter accounts it suspected Colangelo was operating. He said in a statement that he used one of the accounts to monitor the NBA industry and other current events, but that he was “not familiar with any of the other accounts” brought to his attention and that he didn’t know who was “behind them or what their motives may be in using them.”

Embiid, the 24-year-old All-Star center, tweeted that he didn’t believe the report.

“I don’t believe the story. That would just be insane,” he wrote.

Fun night on Twitter lmao.. All jokes asides I don’t believe the story. That would just be insane

— Joel “Troel” Embiid (@JoelEmbiid) May 30, 2018

Colangelo was hired as president of basketball operations for Philadelphia in April 2016. He served as Toronto’s general manager from 2006-2013.

Colangelo, the son of longtime sports executive Jerry Colangelo, stepped in with the Sixers after Hinkie resigned. He lost his GM job in Toronto after the Raptors missed the playoffs for the fifth consecutive season, and Ujiri took over basketball operations.

According to The Ringer, one of the Twitter accounts it connected to Colangelo downplayed Hinkie’s role in the franchise’s turnaround. It also lamented in another post that Ujiri hadn’t done anything to make the Raptors better.

Another account accused Embiid of “playing like a toddler having tantrums,” and one criticized Fultz for his work with his “so called mentor/father figure.”

Information from The Associated Press was used in this report.