The Toronto Raptors have been under the same ownership group for nearly three decades.
Their nightly basketball betting lines have been favourable in many seasons during that time span.
With that said, who owns the Raptors? Let’s find out.
Who Owns the Toronto Raptors?
The Raptors have been owned by Maple Leaf Sports & Entertainment Ltd since February 1998. It was founded by Conn Smythe in 1931.
The chairman of MLSE is Larry Tanenbaum.
Rogers Communications owns 75% of MLSE. Tanenbaum’s Kilmer Sports owns the other 25%.
The Raptors parted ways with longtime president Masai Ujiri in 2025 after helping the franchise win its first championship in 2019.
The Raptors did not hire a president to replace Ujiri, as general manager Bobby Webster was promoted to oversee basketball operations.
Ujiri’s biggest move was acquiring Kawhi Leonard from the San Antonio Spurs in 2018, sending away franchise icon DeMar DeRozan.
That move helped the Raptors win it all in 2019, capitalising on their short championship NBA betting odds.
What Teams are Owned by MLSE?
Toronto Maple Leafs (NHL), Toronto Argonauts (CFL), Toronto FC (MLS), Toronto Marlies (AHL), Raptors 905 (NBA G-League), and Toronto FC II (MLS Next Pro).
The content provided in this blog is intended for entertainment purposes only. All views and opinions expressed are the authors and reflect their individual perspectives on sports, betting, and related topics. This content should not be considered professional betting advice or the official views of BetMGM LLC. Please gamble responsibly. If you or someone you know is experiencing issues related to gambling, seek help from a licensed health professional. This blog is not liable for any losses, damages, or consequences resulting from betting activities.
