The Toronto Raptors posted the third highest salary among all NBA teams last season, trailing only the Golden State Warriors and Oklahoma City Thunder in terms of total cost. They were one of four teams to pay the luxury tax. After it was all said in done, they spent more than $162 million in salaries and tax payments.
And it was worth every penny. The Toronto Raptors won the first NBA Championship in franchise history, a Championship generated a TON of money for Maple Leaf Sports & Entertainment.
MLSE had the benefit from 13 additional home games with extraordinarily high pricing.