Cleveland Browns’ Myles Garrett Becomes Cavaliers Minority Partner

The four-time Pro Bowl defensive end has purchased a minority stake in the Cleveland Cavaliers and will serve as an official brand ambassador for the team.

The Cleveland Cavaliers’ Rocket Mortgage FieldHouse and Cleveland Browns Stadium are located just five minutes apart in Downtown Cleveland.

Now, this relationship has gotten even closer.

In a press release earlier today, the Cavaliers announced that Browns Pro Bowl defensive end Myles Garrett has purchased a minority stake in the wine and gold.

Apr 18, 2023; Cleveland, Ohio, USA; Cleveland Browns player Myles Garrett poses for a photo with Cleveland Cavaliers mascot Moondog after the Cavaliers beat the New York Knicks in game two of the 2023 NBA playoffs at Rocket Mortgage FieldHouse.

© Ken Blaze-USA TODAY Sports

Cavaliers Chairman and Governor Dan Gilbert expressed his thoughts on Garrett becoming an investor in Cleveland’s NBA team.

“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. We are honored to welcome this long-time friend of the team as our new partner and investor. Myles’ passion and commitment to the city he loves will allow us to reach new communities and continue to build the successful future of this franchise.”

Garrett also shared his excitement about becoming part of the franchise.

“I have admired the Cavaliers organization’s hard work, tenacity and dedication to the community since my early days in Cleveland. To have the opportunity to join this impressive and purpose-filled franchise, under Dan’s leadership, is truly a dream come true.”

The 27-year-old Garrett will serve as an official brand ambassador for the Cavaliers as well.

He has seemingly had a close relationship with Cleveland’s NBA team for a while, showing up to a Cavaliers Summer League game in a full team uniform in both 2022 and 2023.

Garrett is not the first member of the Browns organization to purchase ownership in an NBA team this year, as owners Dee and Jimmy Haslam purchased a share of Cleveland’s Central Division rival Milwaukee Bucks in April.