10 highest paid sports teams in the world

#5 Washington Wizards

Los Angeles Lakers v Washington Wizards

Previous rank: 18th (worldwide)

Average annual salary: £7.63 million ($9.72 million)

Highest-paid player: Otto Porter Jr ($26 million)

In contrast to the Raptors, the Wizards' front office moves have been mostly reactionary instead of well-thought expenditures. Their highest-paid player this season (Porter Jr) caps out as a long-distance marksman and lockdown defender at the peak of his career - something we might already have seen.

Bradley Beal and John Wall are owed a combined $270 million in the next 3-4 seasons, and although both are All Stars, they have not had any playoff success worth mention in their last 7 seasons together. It remains to be seen what the Wizards are able to salvage of their remaining cap space in the next couple of seasons, but we shouldn't be too hopeful about a turnaround, given that Ernie Grunfeld will be in charge of their decisions for the foreseeable future.