No, Drake does not own a basketball team. Despite his prominent association and strong public support for the Toronto Raptors, he does not hold any ownership stake in the franchise.
While widely recognized as the Global Ambassador for the Toronto Raptors, his role is primarily promotional and honorary. This distinction is crucial:
Drake's Relationship with the Toronto Raptors
Drake's involvement with the Raptors is a unique partnership that has significantly elevated the team's international profile. His presence at games, engagement with players, and participation in team events have made him an unofficial mascot and a powerful marketing tool.
- Role: Global Ambassador for the Toronto Raptors.
- Responsibilities: This role involves promoting the team and the NBA brand worldwide, contributing to special initiatives, and participating in community events.
- Influence: His celebrity status undoubtedly brings significant attention and cachet to the Raptors organization.
Ownership of the Toronto Raptors
It is important to clarify that Drake does not own any part of the Toronto Raptors franchise. The ownership is entirely held by a different entity.
| Aspect | Description |
|---|---|
| Drake's Status | Global Ambassador, not an owner |
| Ownership Stake | 0% |
| Actual Owner | Maple Leaf Sports & Entertainment (MLSE) |
Maple Leaf Sports & Entertainment (MLSE) holds 100% of the ownership of the Toronto Raptors, along with other major Toronto sports franchises such as the Toronto Maple Leafs (NHL) and Toronto FC (MLS).
In summary, Drake's highly visible and enthusiastic support might lead some to believe he has an ownership stake, but his official capacity is that of an ambassador, focused on branding and promotion rather than financial control or ownership.
