Cleveland Browns Pro Bowl defensive end Myles Garrett has purchased a minority stake in the Cleveland Cavaliers, the NBA organization announced Wednesday.
Garrett will become an official Cavaliers brand ambassador as well.
“As a leader on and off the field, Myles has become a Cleveland icon and shares in our organization’s commitment to being a transformative force for good across the region,” Cavaliers owner Dan Gilbert said in a statement.
“We are honored to welcome this long-time friend of the team as our new partner and investor.”
Garrett’s investment, the size of which was not announced, was negotiated on his behalf by Klutch Sports Group.
“I have admired the Cavaliers organization’s hard work, tenacity and dedication to the community since my early days in Cleveland,” Garrett said.
“To have the opportunity to join this impressive and purpose-filled franchise, under Dan’s leadership, is truly a dream come true.”
–Field Level Media
