• Loading stock data...
Monday, April 6, 2026

Cleveland Browns Superstar Myles Garrett Buys Into Cavaliers

  • Garrett will become a minority owner and official brand ambassador for the Cavs.
  • The Cavaliers are Garrett’s second venture into sports team ownership after his investment in Major League Pickleball’s Texas Ranchers.
Cleveland Cavaliers center Jarrett Allen hugs Cleveland Browns player Myles Garrett 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

Myles Garrett continues to expand his sports ownership portfolio even as he dominates against National Football League offensive lines.

The Cleveland Browns defensive superstar has agreed to a deal to become a minority owner of the NBA’s Cleveland Cavaliers. As part of the agreement, Garrett will become an official brand ambassador for the Cavs.

“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 [Gilbert’s] leadership, is truly a dream come true.”

Klutch Sports Group’s Shey Olaoshebikan negotiated the deal on behalf of Garrett.

The Cavaliers are Garrett’s second venture into sports team ownership.

In August, the 2017 No. 1 overall draft pick bought into the ownership group for Major League Pickleball’s Texas Ranchers, along with NFL players Micah Parsons, Bijan Robinson, and C.J. Stroud, as well as golfer Scottie Scheffler and tennis player Taylor Fritz. The Ranchers’ ownership now also includes musicians Lil Wayne and The Kid LAROI.

Garrett has been one of the NFL’s most dominant defensive players this season, racking up 7.5 sacks and three forced fumbles. He and Parsons are the co-favorites for Defensive Player of the Year at +200.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Apr 22, 2022; Chicago, Illinois, USA; Chicago Bulls executive vice president of basketball operations Arturas Karnisovas (right) talks with general manager Marc Eversley (left) before game three of the first round for the 2022 NBA playoffs against the Milwaukee Bucks at United Center. Mandatory Credit: Kamil Krzaczynski-USA TODAY Sports

Bulls Finally Pull Plug on Karnišovas–Eversley Era

The move comes one week after the Bulls waived Jaden Ivey.

Michael Malone Set to Be Next North Carolina Basketball Coach

Malone was working as an NBA analyst for ESPN.

Dusty May Leaves Door Cracked for NBA Jobs

May has signed two contracts in two years at Michigan.

Vegas Tourism Drops $100K Aces Deals; No Word on Investigation

The WNBA has never announced the result of its investigation.

Featured Today

Mar 28, 2026; Houston, TX, USA; Illinois Fighting Illini forward David Mirkovic (0) and center Tomislav Ivisic (13) react in the second half against the Iowa Hawkeyes during an Elite Eight game of the South Regional of the men's 2026 NCAA Tournament at Toyota Center.

Loopholes Enable Int’l College Basketball Players to Cash In

Schools have scrambled to find a way to compensate international players.
April 1, 2026

‘The Sonics Never Died’: The Long Afterlife of Seattle NBA Merch

Inside “the largest team shop for a team that doesn’t exist.” 
Mar 27, 2026; Washington, DC, USA;UConn Huskies forward Tarris Reed Jr. (5) dunks the ball against the Michigan State Spartans in the second half during a Sweet Sixteen game of the East Regional of the men's 2026 NCAA Tournament at Capital One Arena
March 28, 2026

March Madness Coaches Debate ‘Blueblood’ in NIL Era

The term’s meaning was up for debate at men’s March Madness.
Maxime Vachier Lagrave
March 25, 2026

The Planet’s Best Chess Players Are Having Their LIV Golf Moment

Chess’s most prestigious tournament is battling a splashy Saudi event.
Jack Nicklaus speaks to media prior to the start of the Memorial Tournament at Muirfield Village Golf Club in Dublin, Ohio on May 27, 2025.

Jack Nicklaus Re-Acquires Nicklaus Companies After Lawsuit

Nicklaus takes back ownership of marks like the iconic Golden Bear.
January 28, 2026

CVC’s New Sports Business Buys Into $300M Equestrian Company

Global Sport Group bought a controlling stake in Equine Network.
Team WNBA guard Caitlin Clark dribbles up the court against Team USA during the WNBA All-Star Game at Footprint Center in Phoenix on July 20, 2024.
February 3, 2026

Fund Backing Women’s Sports Raises $250M and Counting

Jason Wright oversees a fund that has secured $250 million.
Sponsored

Baseball Is Back: MLB Opening Day Prices Soar

MLB Opening Day ticket prices are at record highs. TickPick data breaks down demand, pricing trends, and where fans are paying the most.
Puma store
January 27, 2026

China’s Anta Eyes World Domination With $1.8B Puma Deal

Anta is now the largest shareholder in both Puma and Amer Sports.
Jan 24, 2026; Dallas, Texas, USA; Dallas Mavericks head coach Jason Kidd motions to his team during the first quarter against the Los Angeles Lakers at the American Airlines Center.
January 27, 2026

Jason Kidd Joins PE-Backed Youth Sports Company

The Mavericks coach is an equity holder and member of the board.
Contestants compete in the annual Nathan's hot dog eating contest at Tootsie's 57th Anniversary Birthday Bash on Lower Broadway in Nashville on Oct. 10, 2017.
January 22, 2026

Nathan’s Hot Dog Contest Will Continue Under Chinese Ownership

Nathan’s expects to keep the contest at Coney Island.
Batbox
January 12, 2026

Bowling’s Blueprint Is Powering the New Social Gaming Boom

New venues are fusing sports, entertainment, and good food.