TORONTO (AP) - The Ontario government has pitched in $500,000 to help the Toronto Raptors host the 2016 NBA All-Star game.
The Maple Leaf Sports and Entertainment company, which owns the Raptors, got the grant through the ``Celebrate Ontario Blockbuster'' program.
The Canadian Taxpayers Federation says the company was recently valued at $2.25 billion and ``doesn't exactly need corporate welfare.''
CTF Ontario director Candice Malcolm says the government has ``no shame when it comes to wasting taxpayers' money.''
The company says it asked for the money because it felt the event qualified for funding under the province's program to boost tourism. The MLSE announced Monday it will host the NBA event, and predicts it will generate around $100 million for Toronto.

Top NBA Public Bets

NBA Top Stories

Thumbnail Knicks trade for Derrick Rose The Chicago Bulls and New York Knicks made a big trade on Wednesday when the Knicks acquired Derrick Rose in a...
Thumbnail 2017 NBA Finals Odds With the NBA Finals now complete, here is a look ahead to which teams will be favored to contend for next year’s championship.
Thumbnail NBA Finals Game 7 Pick It’s all come down to one game. Who will prevail in Game 7 of the NBA Finalsas the Golden State Warriorshost the Cleveland Cavaliersat 8PM ET?
Thumbnail NBA Finals Game 7 Total Pick Will Game 7 of the NBA Finalsbe another high-scoring affair, or will it be a grind out between the Golden State Warriorsand Cleveland...
Thumbnail NBA Finals Game 6 Pick Can the Golden State Warriors get back on track in Game 6 of the NBA Finals or will the Cleveland Cavaliers create...
More inNBA Articles  

NBA Team Pages