• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar

Cleveland Sports Today

Cleveland Sports News Continuously Updated

  • Browns
  • Guardians
  • Cavaliers
  • Colleges
    • Akron
    • Cleveland State
    • Kent State
    • Ohio State
    • Youngstown State

Dan Gilbert Retains Bank To Sell 15 Percent Stake In Cavaliers

July 10, 2025 by Real GM

Dan Gilbert has begun exploring a sale of approximately 15 percent of the Cleveland Cavaliers. Gilbert will retain his majority stake, but has retained Allen & Company to explore selling a minority stake. Gilbert purchased the Cavaliers in 2005 for $375 million.

The Cavaliers were most recently valued in December at $3.95 billion. NBA values have doubled over the past four years-and are up 1,100% over the past 15 years

Gilbert has a net worth of $32.1 billion, according to Bloomberg.

The Cavaliers finished the 2024-25 regular season with the best record in the Eastern Conference and were eliminated in the second round by the Indiana Pacers. The Cavaliers won the NBA championship in 2016.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook

Filed Under: Cavaliers

Primary Sidebar

Recent Posts

  • Watch Cavs vs Pacers NBA Summer League on Playback
  • Craig Porter Jr. needs to graduate from Summer League
  • NFL Analyst isn’t optimistic about Cleveland’s 2025 outlook
  • Bold Predictions: Brian Hartline will win the Broyles Award
  • Bold Predictions: Bruce Thornton will be a First Team All-American

Categories

Archives

Our Partners

All Sports

  • 247 Sports
  • 923 The Fan
  • Bleacher Report
  • Cleveland.com
  • Cleveland Sports Talk
  • Factory Of Sadness
  • NEO Sports Insiders
  • OurSports Central
  • The Sports Fan Journal
  • The Spun
  • USA Today
  • WKYC - NBC 3

Baseball

  • MLB.com
  • Away Back Gone
  • Last Word On Baseball
  • Lets Go Tribe
  • MLB Trade Rumors

Basketball

  • NBA.com
  • Amico Hoops
  • Cavs Nation
  • Fear The Sword
  • Hoops Hype
  • Hoops Rumors
  • King James Gospel
  • Last Word On Pro Basketball
  • Pro Basketball Talk
  • Real GM

Football

  • Cleveland Browns
  • Browns Gab
  • Browns Plainly
  • Browns Wire
  • Dawgs By Nature
  • Dawg Pound Daily
  • Last Word On Pro Football
  • NFL Trade Rumors
  • Our Turf Football
  • Pro Football Focus
  • Pro Football Rumors
  • Pro Football Talk
  • Total Browns

College

  • Busting Brackets
  • College Football News
  • College Sports Madness
  • Forgotten 5
  • Land Grant Holy Land
  • Saturday Blitz
  • Scarlet And Game
  • The Lantern
  • Zags Blog

Copyright © 2025 · Magazine Pro on Genesis Framework · WordPress · Log in