- The Toronto Raptors are worth an estimated $4.4 billion.
- Toronto is the 11th most valuable franchise in the NBA.
- The Golden State Warriors are the richest NBA team.
The Toronto Raptors odds of winning hinge not only on the talent they throw on the court but also on the financial power behind their roster.
To improve their chances of winning and make their championship basketball odds as short as possible, the franchise must generate enough revenue to attract and retain top-tier talent.
How much are the Raptors worth? Let’s take a look at the numbers.
How Much Are the Toronto Raptors Worth?
According to Forbes, the Raptors are worth an estimated $4.4 billion in U.S. dollars, the 11th-most-valuable franchise in the NBA.
The valuation breakdown is sport ($1,971 million), market ($1,105 million), stadium ($902 million), and brand ($422 million).
Rogers Communications is the sole majority owner of the Raptors’ parent company Maple Leaf Sports & Entertainment, holding 75% of the company.
Rogers bought out Bell’s stake in September 2024, paying roughly $3.4 billion.
They earned an estimated $341 million in revenue and saw the franchise’s value grow by 7% in a year.
According to Sportico, the Raptors are the 52nd most valuable team in the world as of Aug. 13, 2024.
The Raptors have paid the luxury tax just once over the last 20 years, but it paid off, as they won their first championship in franchise history during the 2018-19 season.
Are the Raptors More Valuable Than the Leafs?
Yes, the Raptors are more valuable than the Toronto Maple Leafs.
According to CNBC, the Leafs are worth an estimated $4 billion, more than any other NHL team.
What Are Canada’s Top Sports Franchises?
Canada’s top sports franchises are as follows:
- Toronto Raptors (NBA): $4.4 billion (Forbes)
- Toronto Maple Leafs (NHL): $4 billion (CNBC)
- Montreal Canadiens (NHL): $3.1 billion (CNBC)
- Edmonton Oilers (NHL): $2.65 billion (CNBC)
- Toronto Blue Jays (MLB): $2.1 billion (Forbes)
- Vancouver Canucks (NHL): $1.95 billion (CNBC)
- Calgary Flames (NHL): $1.7 billion (CNBC)
- Ottawa Senators (NHL): $1.18 billion (CNBC)
- Winnipeg Jets (NHL): $1.1 billion (CNBC)
- Toronto FC (MLS): $725 million (Forbes)
Which NBA Team Is the Richest?
The Golden State Warriors are the richest NBA team.
According to Forbes, the Warriors are worth an estimated $8.8 billion.
The valuation breakdown is market ($3,425 million), stadium ($2,825 million), sport ($1,427 million), and brand ($1,124 million).
They earned an estimated $800 million in revenue and saw the franchise’s value grow by 14% in a year.
According to Sportico, the Warriors are the second most valuable team in the world as of Aug. 13, 2024.
The Warriors consistently boast short online sports betting championship odds, given their four rings earned since 2015.
What Is the Cheapest NBA Team to Buy?
The cheapest NBA team to buy is the Memphis Grizzlies.
According to Forbes, the Grizzlies are worth an estimated $3 billion.
The valuation breakdown is sport ($1,964 million), market ($591 million), stadium ($260 million), and brand ($186 million).
They earned an estimated $291 million in revenue and saw the franchise’s value grow by 25% in a year.
According to Sportico, the Grizzlies are the 81st most valuable team in the world as of Aug. 13, 2024.