Richest Basketball Teams in Canada 2023
The current list of the top 10 richest Basketball teams in Canada 2023
As of 2023, the Toronto Raptors are the richest basketball team in Canada, with a value of $2.1 billion. The Raptors are owned by Maple Leaf Sports & Entertainment, which also owns the NHL’s Toronto Maple Leafs, the MLS’s Toronto FC, and the Canadian Football League’s Toronto Argonauts.
The Toronto Raptors are the tenth-richest NBA team in the world. Based in Toronto, Canada, the team was established in 1995 and plays all its home games at Scotiabank Arena in downtown Toronto. The Raptors are currently the only Canadian team in the NBA.
According to Forbes, the latest ranking reported that the Golden State Warriors is the most valuable NBA franchise after the 2021–22 NBA season.
Charlotte Hornets owned by Michael Jordan is the world’s poorest NBA team. The Hornets are valued at $780 million which is less than half of the league’s average value of $1.65 billion.
Which is the richest basketball team in Canada in 2023?
The Raptors who are currently valued at $2.1 billion, makes them the richest basketball team in Canada as of 2023. The team’s value has increased significantly in recent years, thanks in part to their on-court success.
The Raptors are currently the most valuable basketball team in Canada and are ranked 10th in the world according to Forbes Magazine.
Let’s have a look at the list of the top 10 richest basketball teams in Canada in 2023 according to their market value.
Top 10 Richest Basketball teams in Canada 2023
- The Toronto Raptors.
- Toronto Blue Jays.
- Toronto Maple Leafs.
- Montreal Canadiens.
- Winnipeg Blue Bombers.
- Vancouver Canucks
- Edmonton Oilers.
- Toronto Argonauts.
- Winnipeg Jets.
- Ottawa Senators.
What is the best NBA basketball team in 2023?
According to the 2023 NBA Power Rankings, Utah Jazz takes the top spot as the best NBA basketball team after a highly contested season with some of the top NBA teams.
What is the cheapest NBA team to buy?
The New Orleans Pelicans are currently the cheapest NBA team to buy as of 2022/2023. This is because they are the lowest-valued team with an average of $1.6 billion.
The NBA is an extremely popular organization with many of the most famous players in the world. Despite that, not all teams are particularly close to one another when it comes to financial value. It’s possible to tell from the chart that there are some really rich teams, while others still have a lot of catching up to do.