CLEVELAND– Dan Gilbert is putting any “silly rumors” to rest about the future of the team. On Thursday, the Cleveland Cavaliers owner tweeted:
“CLE, Let’s put any silly rumors to rest: I will never move the Cleveland Cavaliers out of Cleveland. Period. And that’s unconditional.”
Gilbert’s tweet comes a few days after the Cavs announced they are withdrawing their participation from The Q Transformation Project.
The Cavs offered to pay for half of the $140 million renovation project.
Cleveland City Council and Cuyahoga County Council had voted to approve the renovation.
The Cavs say that the prospective ballot referendum would have delayed groundbreaking and caused the Q to miss the current construction cycle, pushing the cost higher.