Toronto Raptors Named Most Valuable Canadian Franchise

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When you think of sports teams in Toronto, many would name the Maple Leafs or Blue Jays before the Raptors.

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But it may have been the Raptors’ 2019 championship win that gave the team the edge in a ranking of Canada’s most beloved sports franchises.

The Sportsbet team compiled data from Forbes and Transfermarkt on franchises in the NHL, MLB, NBA and MLS, looked at the growth and evolution of the value of teams from year to year the other over the past decade (2012 to 2021) and found the Raptors took the top spot.

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Not only are the Raptors worth $2.2 billion, but Canada’s only NBA team has also seen its value increase by more than 400% since 2012, when the team’s estimated value was $400 million.

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On the other hand, the Leafs came in second. Despite the league’s longest Stanley Cup drought — 54 seasons — the Buds continue to enjoy financial success.

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The Leafs are worth $1.8 billion, an 80% growth from $1 billion in 2012.

In third place are the Blue Jays with a value of $1.7 billion, a 311.62% increase from $413 million in 2012.

NHL teams occupy the next six spots, as the Montreal Canadiens, Edmonton Oilers, Vancouver Canucks, Calgary Flames, Winnipeg Jets and Ottawa Senators make the cut.

Toronto FC came 10th, ahead of fellow MLS teams CF Montreal and Vancouver Whitecaps FC.

The Reds have grown 183.06% since 2012, growing in value from $16.2 million to $45.9 million.

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