Cleveland Cavaliers owner Dan Gilbert took to social media on Thursday to clear the air about recent speculation: Cleveland is not losing the Cavs.
CLE,Let’s put any silly rumors to rest: I will never move the Cleveland Cavaliers out of Cleveland. Period. And that’s unconditional.@cavs
— Dan Gilbert (@cavsdan) August 31, 2017
Rumors started to swirl about a possible departure when the team withdrew from a $140 million Quicken Loans Arena renovation project. The deal would have guaranteed that the Cavs stay in Cleveland through 2034. Half of the transformation project would have been funded by the Cavs organization, and the other half would have been funded through pre-existing funds.
The NBA offseason has had countless surprises, and loyal Cavs fans were starting to worry that the team may be bailing out from the city.
— MichelleG?????? (@shel_gold17) August 30, 2017
The Cavs are leaving Cleveland with LeBron. https://t.co/E96HqpBgzn
— Duncan Smith (@DuncanSmithNBA) August 28, 2017
Gilbert helped quiet those fears with his tweet.
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