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The Toronto Raptors are a professional basketball team based in Toronto, Ontario, owned by Maple Leaf Sports & Entertainment Ltd. They are currently the sole National Basketball Association (NBA) club based in Canada. The Raptors came into existence in 1994 as part of the NBA's expansion into Canada along with the Vancouver Grizzlies. However, the Grizzlies moved to Memphis, Tennessee in 2001, leaving the Raptors as the only NBA team in Canada.[1]
The Raptors endured the woes characteristic of many expansion teams as they struggled in their early years. However, after the acquisition of Vince Carter through a draft day trade in 1998, they saw success, enjoying record league attendances and making the playoffs in 2000, 2001, and 2002. Their best achievement to date was in 2001 when they earned their only playoff series win and advanced to the Eastern Conference Semifinals. Carter was eventually traded away in 2004 and the team is currently led by All-Star Chris Bosh.
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