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Old 01-22-2014, 11:58 AM   #1 (permalink)
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Forbes: Raptors worth 520Mil

Current value: $520 million
Revenue: $149 million
Operating profit: $29 million

Maple Leaf Sports and Entertainment, which owns the Raptors, NHL's Maple Leafs and Toronto FC of the MLS, made a splash with the hiring of Tim Leiweke who spent 17 years building AEG into a global sports power. Leiweke has his work cut out for him with the Raptors, who have missed the playoffs five straight years and finished last in its division during the 2012-13 season. Despite the losing, the Raptors finished last season with the highest attendance since the 2008-09 season, including 11 sell-outs, also a four-year high. Toronto was awarded the 2016 NBA All-Star game in September.

This surprises me.........

#22 Indiana Pacers
Current value: $475 million
Revenue: $121 million
Operating profit: $12 million

Fans are finally embracing the Pacers after seven straight seasons of ranking 25th or worse in attendance. Individual ticket sales were up 50% before the start of the 13-14 season and package sales jumped 30%. The Pacers became the first NBA team to sell on-court advertising in October when they inked a two-year deal with the Indiana Economic Development Corp. The NBA relaxed its rules about on-court ads before the season and the Pacers were the first team to take advantage.

#18 Toronto Raptors - In Photos: NBA Team Values 2014 - Forbes

Last edited by jeffb; 01-22-2014 at 12:01 PM.
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