Find out who owns the Toronto Raptors, the owner's net worth, source of wealth and ownership history of the franchise.
The Toronto Raptors are a household franchise in the NBA based in Toronto, Ontario, Canada, and are part of the Eastern Conference Atlantic Division.
The Raptors were founded in 1995 as an expansion, thus becoming the first and only Canadian team in the league in the NBA after the Vancouver Grizzlies relocated to Memphis in 2001.
The Raptors won their first NBA championship in 2019.
Who owns the Toronto Raptors?
The Toronto Raptors are owned by Maple Leaf Sports & Entertainment (MLSE).
Toronto Raptors ownership structure
Maple Leaf Sports & Entertainment (MLSE)
Maple Leaf Sports & Entertainment is a sports and entertainment investment company that owns, manages and operates the Toronto Maple Leafs (NHL), Toronto Raptors (NBA), and the Toronto Argonauts of the Canadian Football League.
MLSE is owned by Rogers Communications, which holds over a 75% stake, while Larry Tanenbaum owns the remaining 25% stake.
Rogers Communications is a Canadian telecommunications company.
Larry Tanenbaum is known for his role in Kilmer Group, which deals in infrastructure, electronics, publishing, food processing, and gaming.
Club Net Worth & Valuation
According to figures from Forbes, the Toronto Raptors are valued at $4.4 billion.
Club Ownership History
The Toronto Raptors NBA franchise was founded in 1995 as an MBA expansion into Canada. The team was acquired in 1998.
Trophies and Achievements
The Toronto Raptors won their first NBA championship in 2019.