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#pounditWednesday, April 24, 2024

Dan Gilbert shoots down rumors that he plans to move Cavs out of Cleveland

The Cavaliers will remain in Cleveland as long as Dan Gilbert is their owner.

In a tweet Thursday, Gilbert shot down what he called “silly rumors” that he plans to move the team, saying he would never relocate them from Cleveland.

The Cavs have been in Cleveland since their inception in 1970, and Gilbert has owned them since 2005. But rumors of a possible move began this week when Gilbert nixed a plan for a $140 million renovation of Quicken Loans Arena. Nevertheless, it doesn’t appear that has any bearing on the team’s future in Cleveland, even if they are facing a highly uncertain future in other regards.

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