The Toronto Raptors just made a boatload of money after winning their first ever championship on Thursday night. According to NBA.com's Steve Aschburner, this comes to the tune of a cool $5.6 million.

For a bit of arithmetic, the Raptors were the second-best team coming out of the Eastern Conference behind the Milwaukee Bucks, so that starts off their pot with $437,677. By participating in the first round, conference semi-finals, and the conference finals, Toronto were able to pocket a combined $1,344,530. Finally, their success over the back-to-back defending champs, the Golden State Warriors, in the Finals is where the bulk of their winnings come from ($3,838,798), thereby bringing up their total sum to $5,621.005.

Article Continues Below
More Toronto Raptors News
Toronto Raptors forward Garrett Temple (17) warms up before the game against the Dallas Mavericks at the American Airlines Center.
Raptors keeping veteran locker room voice with $3.6 million contractDavid Yapkowitz ·
Los Angeles Clippers guard Ben Simmons (25) at the end of the first quarter against the Sacramento Kings at Golden 1 Center.
Raptors rumors: Ben Simmons floated as potential target following Masai Ujiri departureDavid Yapkowitz ·
Toronto Raptors vice chairman and team president Masai Ujiri talks to the media during media day at Scotiabank Area.
Masai Ujiri, Raptors part ways after 2025 NBA DraftPreston Byers ·
Florida Gators guard Alijah Martin (15) speaks to the media during a press conference for the men's 2025 NCAA tournament at Alamodome.
Raptors’ Alijah Martin sets record straight on Vince Carter’s jersey numberRichard Pereira ·
Florida Gators guard Alijah Martin (15) reacts after a play against the Houston Cougars during the second half of the national championship game of the Final Four of the 2025 NCAA Tournament at the Alamodome.
Raptors select Final Four history maker with No. 39 pickRichard Pereira ·
Toronto Raptors shooting guard RJ Barrett (9) shoots a jump shot against. Brooklyn Nets forward Noah Clowney (21) and Brooklyn Nets guard Tyson Eitenne (10) during the first half at Barclays Center.
Raptors add ACC DPOY after NBA DraftLorenzo J Reyna ·

While this is indeed a lot of money, Aschburner put it in perspective here, stating that this only accounts for around a quarter of the team's annual payroll. This definitely brings the front office into a huge deficit, which points to the fact that playoffs winnings is not exactly considered as a very profitable source of income.

This becomes even more relevant once the Raptors bring out their checkbook this summer. Among other free agents on the squad, newly-crowned Finals MVP winner Kawhi Leonard will be at the very top of their priority list in the offseason. They will need to table a huge offer for the three-time All-Star — reportedly somewhere in the region of $190 million for a five-year deal — so Toronto will definitely need much more money than the $5.6 million they garnered during the playoffs.