The average NBA team is now worth $5.51 billion, up 20 percent year-over-year and 113 percent since 2022, according to Sportico's calculations. The collective value of all 30 franchises reached $165 billion, driven by a landmark $76 billion media rights agreement and strategic arena investments. Rick Welts, newly appointed Dallas Mavericks CEO, called the current moment … [Read more...] about NBA Team Valuations Reach $5.51 Billion Average, Up 20 Percent From 2024
Raptors, Knicks Agree To Dismiss Lawsuit
The New York Knicks and Toronto Raptors agreed to voluntary dismiss a lawsuit involving the alleged theft of thousands of confidential files from 2023, reported Baxter Holmes of ESPN. The suit, filed by the Knicks, accused the Raptors of poaching former Knicks employee Ikechukwu Azotam and ordering him to provide internal information on the team. "The Knicks and [Raptors owner] … [Read more...] about Raptors, Knicks Agree To Dismiss Lawsuit
Raptors Sign Jared Rhoden To Camp Deal
The Toronto Raptors signed guard Jared Rhoden to an Exhibit 10 contract. Rhoden will likely join Raptors 905 in the G League following the preseason. Rhoden split last season between the Raptors and the Charlotte Hornets. The 6-foot-5 guard appeared in 14 total NBA games between Toronto and Charlotte. In 28 G League games between the Greensboro Swarm and Raptors 905, Rhoden … [Read more...] about Raptors Sign Jared Rhoden To Camp Deal
Raptors Waive Tyson Degenhart
The Toronto Raptors waived Tyson Degenhart. Toronto had signed Degenhart to a non-guaranteed Exhibit 10 contract earlier in the week. The 6-foot-8 forward is expected to join Raptors 905 for the G League season. Degenhart went undrafted out of Boise State at the 2025 NBA Draft. … [Read more...] about Raptors Waive Tyson Degenhart
Dennis Robertson’s Requests To Teams Went Beyond Norms
Dennis Robertson, uncle of Kawhi Leonard, has long been one of the NBA's more notorious characters but the way he has conducted business has received an increase of attention amid allegations of cap circumvention committed by the Los Angeles Clippers. When Robertson was representing Leonard during the 2019 free agency period, he asked the Toronto Raptors, Los Angeles Lakers and … [Read more...] about Dennis Robertson’s Requests To Teams Went Beyond Norms