I don't know how unpopular this is (the second Raptors logo might be more unpopular), but this is the worst Raptors logo. If you took away the wording, the first thing I would have told you this logo was for would be Predators or something more generic; there is no coorelation to a Raptor. They completely eliminated the Raptor from their branding. Both other primaries, even the purple one, were better than this. At least you could tell they were for a team called the Raptors. This logo is another uncreative logo with a basketball. If you wanted to do something with a basketball, use this:
This is a better logo. You bring back purple yet still have red, black, and grey. It has an actual raptor as well. Refine the outline a little, especially on the head, and you got yourself a winner.
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This:
is better than this:
The first one shows refinement. It looks like an actual Florida Panther. Both have flaws, but the first one flows better, too. The giant paws in the latter make it seem like the panther is jumping at you, but in the end distort the logo. The worst thing about the second logo are the legs, feet, and tail. The tail swoops in front of the legs (or appears to) and the paws look like little stubs facing off to the left. Maybe he isn't jumping but rather tripping...?
Neither logo is perfect; the first one has a weird cut-in in the back of the neck. But this design is all over, making the logo flow better. Florida made a good call with the first one as the primary.