Dan Gilbert Articles - Page 2

Dan Gilbert · 3 years agoCavs team owner Dan Gilbert's camp responds to shocking $500 million accusation

Amidst an overachieving 2021 season, Cleveland Cavaliers owner Dan Gilbert found himself in some trading troubles with a pension fund. The Police & Fire Retirement System in Detroit filed a lawsuit against Gilbert for allegedly engaging in insider trading. According to the plaintiff, Dan Gilbert sold a staggering $500 million in Rocket Company stocks, knowing […]

Dan Gilbert · 4 years agoRumor: Cavs owner Dan Gilbert's stance on paying luxury tax, revealed

Cavs owner Dan Gilbert is no stranger to the NBA’s luxury tax, as he breached that threshold for years when LeBron James was in town. Ultimately, the strategy worked, as Cleveland claimed its first championship in 2016. How does Gilbert feel about going into the luxury tax in the coming season? According to Chris Fedor […]

Dan Gilbert · 4 years agoDan Gilbert's net worth revealed to be a whopping $30 billion

Cleveland Cavaliers owner Dan Gilbert reportedly has a net worth of $30 billion, per Bloomberg. The Cavs boss is now among the 40 richest people on the planet: “Dan Gilbert’s long-awaited initial public offering of Rocket Cos. may have been downsized on Wednesday, but it finally reveals the vast fortune he’s built in a city battered by […]

Dan Gilbert · 4 years agoReport: Dan Gilbert ramping up pressure for Cavs to show improvement during rebuild

Cleveland Cavaliers owner Dan Gilbert has been keeping busy behind the scenes, as he hopes to see a significant improvement in his team starting with the upcoming season, according to Jason Lloyd of The Athletic. This report comes amidst the news that Gilbert has opted to take Quicken Loans public. In the past, the Cavs […]

Dan Gilbert · 5 years agoCavs used 'Family Guy' to try to woo LeBron James back in 2010

The Cleveland Cavaliers went to a few extreme measures in an attempt to keep LeBron James after the Cavs’ disappointing fall to the Boston Celtics in the 2010 Eastern Conference Semifinals. James had played poorly through a two-game stretch of that series and was met with boos from the home fans, leaving a sour taste […]

Dan Gilbert · 5 years agoThe John Beilein ordeal is just really weird

On May 13th of last year, the Cleveland Cavaliers named John Beilein their new head coach, signing him to a five-year contract. Now, during the All-Star break of his first season, reports are that Beilein is ready to step away from the Cavs. The season has gone far from smoothly, but this is still a […]

Dan Gilbert · 5 years agoReport: Cavs coach John Beilein talking to Dan Gilbert Monday about when he'll step down

Cavs head coach John Beilein is meeting with team owner Dan Gilbert on Monday to discuss his options for the future, according to a report from Shams Charania of The Athletic. Beilein is expected to either step down this week or at the end of the season. ESPN’s Adrian Wojnarowski noted Sunday night that Beilein […]

Dan Gilbert · 5 years agoCavs owner Dan Gilbert gives first interview since suffering a stroke in May

Cleveland Cavaliers owner Dan Gilbert is not letting stroke get the better of him as he tries to get back to work with the Cavs. The businessman suffered a stroke in May last year after he was taken to the hospital when a family friend saw him not feeling well. In August, he returned home […]

Dan Gilbert · 5 years agoCavs delay trip to Boston to visit owner Dan Gilbert

The Cleveland Cavaliers took a bit of a detour from their current preseason schedule to visit team owner Dan Gilbert in his Michigan home. Via AP’s Tom Withers: After playing an exhibition game in Detroit on Friday night, the Cavs delayed their trip to Boston so they could spend time Saturday with the 57-year-old Gilbert. He […]

Dan Gilbert · 5 years agoReport: Cavs visit owner Dan Gilbert on Saturday

Cleveland Cavaliers owner Dan Gilbert suffered a stroke on May 26 and has spent the past few months recovering. Gilbert’s Cavs have spent that time gearing up for the upcoming NBA season without their owner in the building. But on Saturday, the Cavs decided to bypass a Saturday practice to go and visit Gilbert at […]

Dan Gilbert · 5 years agoDan Gilbert issues statement on passing of Fred McLeod

Cavs owner Dan Gilbert sent out an official statement on Wedneaday morning with regards to the passing of the team’s play-by-play announcer, Fred McLeod. As part of Gilbert’s dedication, he thanked McLeod for his tireless dedication to the Cavs organization and the city of Cleveland: “Fred McLeod was truly a one-of-a-kind person and friend. Words […]

Dan Gilbert · 5 years agoDan Gilbert is back home after 2 months in rehab facility

Cleveland Cavaliers owner Dan Gilbert is now back to his home in Detroit after roughly two months in a Chicago rehabilitation facility. He has been there since late May after suffering a stroke. Quicken Loans CEO Jay Farner released an official statement regarding Gilbert’s status via Chris Fedor of Cleveland.com. “On Friday, Dan Gilbert returned […]

Dan Gilbert · 6 years agoDan Gilbert discharged from hospital, moving to in-patient rehab center

Cavs owner Dan Gilbert seems to be recovering well after suffering a stroke in late May. In fact, the Detroit native has been discharged from the hospital and is now moving on to an in-patient rehabilitation center, according to a report from Chad Livengood of Crain’s Detroit Business. Quicken Loans CEO Jay Farner sent out […]

Dan Gilbert · 6 years agoQuicken Loans CEO says Dan Gilbert's recovery 'will take time'

Quicken Loans CEO Jay Farner provided an update on Cavs owner Dan Gilbert, who was recently hospitalized after experiencing stroke-like symptoms. Though it will take some time to fully recover, Farner says Gilbert is taking the challenge head on. “Dan’s recovery is a process that will take time – but we are all confident he […]

Dan Gilbert · 6 years agoWarriors' Draymond Green sends get well wishes to Cavs owner Dan Gilbert

The Cavs and Warriors met on the NBA’s biggest stage for the past four seasons, forging a modern-day rivalry between the two franchises. Despite their differences on the court, Draymond Green wanted to send his well-wishes to Cavs owner Dan Gilbert, who was admitted to a Detroit-area hospital on Sunday morning after experiencing stroke-like symptoms. […]

Dan Gilbert · 6 years agoREPORT: Cavs owner Dan Gilbert admitted to Detroit-area hospital after experiencing stroke-like symptoms

Cleveland Cavaliers owner Dan Gilbert has reportedly been admitted to a Detroit-area hospital after experiencing stroke-like symptoms, according to Adrian Wojnarowski of ESPN. In a report by Nolan Finley and Kim Kozlowski of The Detroit News, the Cavs owner was said to be taken to the Royal Oak Beaumont Hospital Sunday morning. According to a […]

Dan Gilbert · 6 years agoCavs' Dan Gilbert discusses the good and bad of life with LeBron James

Cleveland Cavaliers owner Dan Gilbert thinks having LeBron James on your team can be a blessing and a curse at the same time. Gilbert says the Cavs were in win-now mode during James’ second stint with the team and couldn’t develop young players because they needed to surround James with enough veteran talent so the […]

Dan Gilbert · 6 years agoDan Gilbert thinks Kyrie Irving will leave Celtics, Cavs 'killed it' in trade

Cleveland Cavaliers owner Dan Gilbert thinks Kyrie Irving will leave the Boston Celtics this summer in free agency and that the Cavs won the Irving trade. The Cavs traded Irving to the Celtics in the summer of 2017 after the All-Star guard requested a trade. Cleveland traded Irving for Jae Crowder, Isaiah Thomas, Ante Zizic, […]

Dan Gilbert · 6 years agoCavs owner Dan Gilbert says he wasn't driving force behind John Beilein hire

John Beilein was a somewhat surprising choice to be the new head coach of the Cleveland Cavaliers. Not due to his lack of success on the sidelines or any deficiency in strategic acumen, but because the 66-year-old has no prior coaching experience in the NBA. As a result of Beilein’s unforeseen hiring, rumors have swirled […]

Dan Gilbert · 6 years agoKoby Altman, Dan Gilbert release statements on new Cavs coach John Beilein

Some felt the Cleveland Cavaliers would hire Juwan Howard as their new head coach. Others felt they would go out and get Dave Joerger. There were also a number of other assistant coaches who went through the interview process. But they did something that no one really expected, hiring former University of Michigan head coach […]

Dan Gilbert · 6 years agoDan Gilbert, Rick Pitino have discussed Cleveland coaching vacancy

A new candidate to become the Cleveland Cavaliers’ new head coach has emerged. Why he’s being considered for one of the 30 most sought-after coaching jobs in the world, though, is pretty much anyone’s guess. According to longtime NBA reporter Peter Vecsey, former University of Louisville and Boston Celtics coach Rick Pitino has spoken with […]

Dan Gilbert · 6 years agoDan Gilbert believes Cleveland can compete again in 2-3 years

Call Cleveland Cavaliers owner Dan Gilbert a dreamer. Not even one year after losing superstar LeBron James to the Los Angeles Lakers in free agency, Gilbert believes his Cavaliers can compete in the NBA again in another two or three years, according to Chris Fedor of Cleveland.com: “I have no doubt that if we continue […]

Dan Gilbert · 6 years agoCavs owner Dan Gilbert shoots down rumors of buying another sports team

Lately, rumors have been flying around about Cleveland Cavaliers owner Dan Gilbert’s interest in buying another sports team. We should probably squash that for now, as Gilbert told a group of reporters that he is not about to take on such a venture. “No, we don’t even think about it,” said Gilbert, at a building […]

Dan Gilbert · 6 years agoDan Gilbert, David Griffin, and the Internal Power Struggle that Doomed the Cavs

The Cleveland Cavaliers currently sit at 4-16, the second-worst record in the NBA. The future looks bleak, and the cause for this stunning shift from the past four seasons is the departure of LeBron James. However, the situation goes much deeper than that. Even when James was in Cleveland, there was turmoil within the organization. […]

Dan Gilbert · 6 years agoDysfunction is Driving the Cavs Toward the Inevitable – Tanking

The Cleveland Cavaliers are 1-9, and the team has replaced the Browns as the most dysfunctional organization in Cleveland. It wasn’t supposed to be this way. Throughout the entire summer, all levels, from owner Cavs Dan Gilbert to then head coach Tyronn Lue to the players themselves, repeatedly stated that the goal was the compete […]

Dan Gilbert · 6 years agoCavs call Jim Boylan's lawsuit a 'shameless cash grab'

Nothing can go right for the Cleveland Cavaliers right now. The team is in utter disarray, and to make matters worse, former assistant coach Jim Boylan is suing the Cavs for age discrimination. He’s alleging that the Cavaliers and owner Dan Gilbert wanted to bring in younger coaches who they could pay less. Former Cavs […]

Dan Gilbert · 6 years agoDan Gilbert reminds everyone how J.R. Smith helped the Cavs win a title

Cavs owner Dan Gilbert put his general manager Koby Altman at the wheel of any potential deals for veteran swingman J.R. Smith, just as he has when it comes to contract negotiations with acting coach Larry Drew. Altman decided to put the youth movement in full swing, sitting Smith alongside fellow veterans Kyle Korver and […]

Dan Gilbert · 6 years agoCavs GM Koby Altman made the final decision to fire Tyronn Lue

The Cleveland Cavaliers made national headlines Sunday when they fired head coach Tyronn Lue after an 0-6 start. The decision to fire Lue was apparently up to Cavs general manager Koby Altman, not owner Dan Gilbert. Decision to fire Ty Lue was made by #Cavs GM Koby Altman after consulting with his staff. He went to […]

Dan Gilbert · 6 years agoDan Gilbert part of group that could purchase Sports Illustrated

Cleveland Cavaliers owner Dan Gilbert is pursuing a lucrative new business venture. Gilbert is part of an investment group that is interested in purchasing Sports Illustrated. The group also includes author and motivational speaker Tony Robbins. According to Amico Hoops, Sports Illustrated has been struggling in recent years. The magazine has been a pioneer in […]

Dan Gilbert · 6 years agoDan Gilbert possibly cashing out of Cleveland casino, among others

Cleveland Cavaliers owner and Quicken Loans Inc. founder Dan Gilbert is ready to get out of the casino business in several cities, including Cleveland, Cincinnati and Detroit, according to a report from Christopher Palmeri of bloomberg.com. Gilbert’s casino company is currently being represented by Deutsche Bank and Credit Suisse in the sale process. According to […]

Dan Gilbert · 6 years agoDan Gilbert lauds Kevin Love's courage to speak out on mental health issues

Over the past few months, Cleveland Cavaliers All-Star Kevin Love has been using his voice to speak out on the various mental health issues that people face around the world, including anxiety and depression. His work is certainly commendable, and Cavs team owner Dan Gilbert is taking notice. What @kevinlove did talking about this unfairly […]

Dan Gilbert · 6 years agoHow the Cavaliers can use its newfound cap space to acquire future draft picks

Cap space is not something that Cavaliers fans have been accustomed to recently. Since signing LeBron James and trading for Kevin Love in 2014, Cleveland has been over the salary cap. Owner Dan Gilbert has willingly incurred the luxury and repeater taxes, and his sacrifice has paid off, as the Cavs made the NBA Finals […]

Dan Gilbert · 6 years agoCollin Sexton draws praise from Cavs owner Dan Gilbert

Collin Sexton, the eighth overall pick by the Cleveland Cavaliers in the 2018 NBA Draft, just received praise from Dan Gilbert — the Cavs’ majority owner. Via his Twitter account, Gilbert said: Hell of a run by @CollinYoungBull and the the entire @Cavs Summer League squad. These guys repped the franchise and the city of […]

Dan Gilbert · 6 years agoDan Gilbert deserves credit, and blame, for the rise and fall of Cavaliers basketball

A few professional sports teams are as well known as the team’s owners. The Dallas Cowboys and Jerry Jones. Magic Johnson and the Los Angeles Dodgers. Mario Lemieux and the Pittsburgh Penguins. The list goes on and on. When it comes to the NBA, the most infamous owner is Dan Gilbert of the Cleveland Cavaliers, […]

Dan Gilbert · 7 years agoDan Gilbert issues classy farewell message to LeBron James

LeBron James has decided to leave the Cleveland Cavaliers for the Los Angeles Lakers. As such, Dan Gilbert, the Cavs’ majority owner, has something to say about it. This time, though, it won’t be in comic sans. Fantastic reaction from Dan Gilbert. Proclaims LeBron's jersey will be retired in Cleveland and thanks him pic.twitter.com/xsDeMuGSvg — […]

Dan Gilbert · 7 years agoDan Gilbert says LeBron James leaving would allow him to 'get his team back'

The rift between LeBron James and Dan Gilbert is one that has been well-documented over the years, but despite their ugly break-up during James’ initial departure, those feelings have been far from pardoned by either party despite recent Cavs success. ESPN’s Steven A. Smith noted that Gilbert would not oppose the idea of James leaving […]

Dan Gilbert · 7 years agoDan Gilbert welcomes Collin Sexton to The Land

The Cleveland Cavaliers selected Collin Sexton as their 8th pick in the 2018 NBA Draft. It’s only fitting that Cavs majority owner Dan Gilbert welcomed the new addition. Via his Twitter account, Gilbert expressed his excitement in welcoming Sexton to The Land: Welcome to CLE and the @Cavs franchise, @CollinYoungBull. Everybody here in the draft […]

Dan Gilbert · 7 years agoDan Gilbert believes he can eventually build championship team even if LeBron James leaves

If LeBron James leaves the Cleveland Cavaliers this summer it’s going to take a rebuild to get the team back into playoff contention, but Dan Gilbert thinks he can eventually build a championship contender, even without LeBron as the focal point. Brian Windhorst of ESPN was guest hosting the Hoop Collective podcast and said that […]

Dan Gilbert · 7 years agoCavs owner Dan Gilbert tweets, then deletes photo of first half boxscore

The Cleveland Cavaliers and Golden State Warriors were locked into a heated first half of Game 3 of the 2018 NBA Finals. Cleveland led Golden State 58-52 despite Stephen Curry and Klay Thompson combining for just 2-of-15 shooting from the field. The Cavs played very well in all aspects of the game, but only led […]

Dan Gilbert · 7 years agoDan Gilbert's message to Cavs fans

Right before Game 1 of the NBA Finals, Cleveland Cavaliers owner Dan Gilbert sent out a message addressed to the Cavs’ fans. Via his Twitter account, Gilbert spelled out what he believes are the main reasons why the Cavs made it to the Finals. It was a heartfelt message. The Cavaliers, as a franchise, went […]