Fansided · Feb 22, 2018
Raptors increased valuation should lead to new facility
The Raptors are worth more than they ever have, according to Forbes, a respected business magazine. It’s time for the team’s owners to give serious thought to a new building.
Forbes magazine has released their 2018 version of NBA franchise valuations. The most valuable team, assessed at $3.4 billion, is the New York Knicks. Their owner, James Dolan, should write a book, and I’ll offer him a title at no charge: “Failing Upwards – how every bad move I’ve made increased my net worth”. The Toronto Raptors check in at a valuation of $ 1.4 billion, which ranks them twelfth, just behind the San Antonio Spurs and ahead of the Sacramento Kings.