Currently valued at $520million (althought MLSE would require more than that), the Raptors have $149million in revenue ($29million in profit). For perspective, the Leafs total revenue is only $142million. Talk about untapped potential...
- Any predictions on when the Raptors will start spending into the 'luxury tax'?

http://www.forbes.com/pictures/mli45eheim/18-toronto-raptors/
(you can scroll left and right here to see the other teams)