Tag:Dan Gilbert
Posted on: February 17, 2012 11:09 pm
Edited on: February 18, 2012 1:20 pm

Report: LeBron denies camp contacted Dan Gilbert

Posted by Ben Golliver 

LeBron James reportedly denies that he or his camp have made overtures to Cavaliers owner Dan Gilbert. (ESPN)

On Thusday, Miami Heat All-Star forward LeBron James opened up a pandora's box for rumors, acknowledging that he would consider returning to play in Cleveland for the Cavaliers at some point in his career. 

"I don't know. I think it would be great," James said, according to the Associated Press. "It would be fun to play in front of these fans again. I had a lot fun times in my seven years here. You can't predict the future and hopefully I continue to stay healthy. I'm here as a Miami Heat player, and I'm happy where I am now, but I don't rule that out in no sense."

On Friday, Yahoo! Sports reported that it wasn't just an idle thought, that James had actually reached out through backchannels to Cavaliers owner Dan Gilbert about a potential return.
This was no accident, no misspeaking, nothing out of context. Before mentioning Thursday his openness to playing in Cleveland again, James months ago had an emissary or two carry that message to the Cavaliers’ front office, league sources told Yahoo! Sports. His camp wanted the message delivered to owner Dan Gilbert, sources said, but so far, the response has been silence.

“He has started to lay the groundwork, and he’s waiting to see what Dan Gilbert’s reaction to it is,” one league source with direct knowledge told Yahoo! Sports.

The Heat, of course, were in Cleveland to face the Cavaliers on Friday night at Quicken Loans Arena, a game they won easily, 111-87. James finished with 28 points, 5 rebounds, 5 asssists, 1 steal and 1 block on 11-for-19 shooting in 30 minutes.

After the game, James denied that that he and his camp had reached out to Gilbert.

"It's not true, it's not true at all," James said, according to the Sun-Sentinel.

When James announced he was headed to Miami during a nationally-televised special called "The Decision," Gilbert publicly accused James of disloyalty and betrayal, guaranteeing that the Cavaliers would win an NBA title before the Heat.

On Thursday, James said that was all water under the bridge and admitted that he didn't handle his departure in the proper manner. 

"I don't hold grudges," he said, according to ESPN.com. "I hold them a little bit but I don't hold them that long. He said what he said out of anger. He probably would want to take that back, but I made a mistake, too. There's some things I'd want to take back as well. You learn from your mistakes and move on."

The Plain-Dealer has reported that Gilbert will not respond to James' comment for fear of receiving a fine from the NBA league office.

James' current contract runs through the 2015-2016 season. He has an early termination option for 2014-2015 and a player option for the final year of the deal, according to StoryTellersContracts.com. He will be 31 years old when the entirety of the deal is completed.

James, 27, spent his first seven NBA season with the Cavaliers. He is averaging 28.0 points, 8.2 rebounds, 6.8 assists and 1.7 steals in 36.9 minutes per game this season, and he's a leading NBA MVP candidate.
Posted on: December 12, 2011 10:59 pm

Steve Kerr: Dan Gilbert needs to 'get over it'

Posted by Royce Young

After the NBA's ridiculous handling of the Chris Paul situation in New Orleans, a lot of people have felt the need to vent. I know I have. I caught myself yelling at my dog yesterday saying things like, "How dare the NBA intervene and manipulate the league!"

Steve Kerr though, has a much bigger voice and when he talks, a lot more people than a dog listen up. Kerr is a TNT analyst now, but was the Phoenix Suns general manager for a number of years and a prominant player on a couple of Michael Jordan's championship Bulls. He knows the inside of the business. He knows how it all works. And he is fired up about the way the NBA blocked CP3's trade to the Lakers, most notably about Dan Gilbert who sent an email to David Stern the day it happened complaining about it. Via Sports Radio Interviews:
"It's such a crock that he would even mention that. That guy is a billionaire, they have been way over the cap while they had LeBron, way over the tax. He's still upset that he lost LeBron and he needs to get over it. LeBron gave that franchise the best seven years they have ever had. He was a free agent and he decided to leave. Nobody likes the way LeBron left, even he apologized for it the other night on TV but the fact is there is a thing called free agency and if a superstar player wants to leave when they are agents, they can leave."
Tell us how you really feel, Steve.

But he couldn't be more right. Gilbert was complaining about things like the luxury tax and how the Lakers were going to save money, therefore cutting into the revenue shared with small market teams like his Cavs. Gilbert said that 25 teams were the Washington Generals. He's basically been playing quite the woe-is-me thing ever since LeBron left the Cavs.

Kerr on the trade itself:
"Every one of them is wrong and I don't know how many there are either but I've been angry all day long about this whole thing because I think it was a great basketball trade. There are so many trades made these days that are lousy trades that are made for financial purposes ... The problem I have is that this was a great trade for the Hornets.

There's no way they can duplicate that. I thought Dell Demps did an incredible job. You end up with three legitimate good players in (Luis) Scola, Kevin Martin, and (Lamar) Odom. You get a first round pick, you get Goran Dragic who I like and a guy I drafted in Phoenix. He's a good player. You're telling me you're going to deny that for basketball reasons when every single other analyst out there and every GM thinks they hit a home run with that trade. And by the way in seven months if they play it out they are getting nothing."


I made one of the worst trades in NBA history. I traded Kurt Thomas and two first round picks to Seattle for nothing, to save 16 million dollars for our organization. Where was the NBA then to veto that trade for basketball reasons?"
First, I love that Kerr acknowledges how bad the Thomas trade was. He made it to save Robert Sarver some money, but that deal ended up giving then Seattle and now the Thunder, two first round picks, one of which turned into Serge Ibaka. Like he said, why didn't the league intervene with that?

The point with this whole thing is, is that the league shouldn't have such a heavy hand here. Yes, the NBA owns the Hornets. But it's also supposed to oversee the league and make sure things stay fair. It's supposed to stay out of the way. For as much as the NBA preached competitive balance, they sure have stuck their thumb out and intentionally hurt the Rockets and Lakers. It's not fair and it's got people like Steve Kerr angry.

I would say that it's going to be awkward when TNT does a Cavs game, but we all know that nobody is wasting a national television game on the Cavs. Unless LeBron's coming to town. The truth hurts, huh Dan?

Via Deadspin
Posted on: November 9, 2011 2:47 pm
Edited on: November 9, 2011 2:48 pm

Report: Dan Gilbert no longer a hardliner

Posted by Royce Young

There have been some serious villains painted during the lockout. Paul Allen. Kevin Garnett. Jeffrey Kessler. Robert Sarver. And Cavs owner Dan Gilbert.

Both Sarver and Gilbert have been seen as two owners pushing hard to get a runaway victory, with some reports even having Gilbert and Sarver being a reason talks blew up at one point. But Gilbert might not be near as hardline as once thought.

Ken Berger of CBSSports.com wrote this Wednesday
Though it may be surprising to some, Phoenix owner Robert Sarver and Cleveland owner Dan Gilbert have not been as hawkish in the negotiations as they have been portrayed, two of the sources told CBSSports.com. Nets owner Mikhail Prokhorov, it turns out, also is not in the hawkish camp, according to two people who disputed a CBSSports.com report Sunday to the contrary. I wouldn't wager my mortgage on who's right about Prokhorov, but I would love to have him at the news conference when this is over.
And then there's this report from ESPN.com saying Gilbert is no longer a "hawk" owner:
However, multiple sources have confirmed to ESPN.com that Gilbert has adjusted his position in recent days and moved into a more moderate mode, voting with fellow owners who are willing to accept a 50/50 share of BRI.
A move to the middle for multiple owners signals good news for a deal. It's getting to that point where an agreement is near and the owners that have played hardball might be willing to soften just to get something done. There are still plenty of hardline guys, but the number appears to be shrinking.

The players acted as if they were prepared to walk in to Wednesday's meeting to offer a 50-50 BRI split, which has long been the hangup for owners. If that happens and the owners can meet them in the middle on some system issues, a deal will happen. It just has to.

And the reason for it will be owners like Gilbert, who were once dug in, moving off their stance. How about that: Dan Gilbert could be a good guy for once.
Posted on: October 18, 2011 1:45 pm
Edited on: October 18, 2011 1:59 pm

LeBron biographer hoped for career-ending injury

Posted by Ben Golliverlebron-james-ground

In case you missed it, LeBron James left the Cleveland Cavaliers for the Miami Heat during the summer of 2010, turning the NBA world upside down, eliciting hate from the state of Ohio and causing two men, Cavaliers owner Dan Gilbert and writer Scott Raab, to lose their minds.

Both Gilbert and Raab sought refuge with pen and pad. Gilbert wrote a vicious open letter to Cavaliers fans accusing James of betrayal and promising that the Cavaliers would would win a title before the Heat. Raab took that concept approximately 1,459 steps further, deciding to write a book about James, titled The Whore of Akron, and his first year in South Beach.

Esquire.com has released an excerpt from the book. Not surprisingly, the excerpt pulls no punches, mocking James for his receding hairline, his failure to deliver in clutch situations, his decision to play second fiddle to Dwyane Wade and the fact that he is playing in a town that doesn't care about basketball.  

Raab does make one fairly startling statement: he wanted James to suffer a debilitating injury.
This is where LeBron James wants to play basketball, in front of sun-dried cretins who must be bribed to act as if they care about the game and the team. Where another superstar already is the Man in the locker room and on the court; where nobody in the media will ever mention his collapse against Boston, his phantom elbow pain, and his steadfast refusal to hold himself accountable for his team's big-game failures.

For as long as I've been a fan, I've rooted hard against certain teams and players, but never have I hoped to see a career-ending injury — until tonight.

Aside from death and cancer, that's as low as you can go in sportswriting.

But this clearly wasn't an accidental step down a worm hole. The excerpt reads a bit like a self-loathing confession, as Raab details how sorry he feels for himself for being overweight and lays out his prescription medication cocktail of choice for the world to see. The deep personal hatred for James falls under that same umbrella, as the author stands as an obvious symbol of the wreckage James left when he chose to abandon Cleveland for Miami.

How bad was The Decision? So bad a grown man readily admits that he wants a life-altering catastrophe as revenge.

It's a nauseating but ultimately effective device. By the end of the chapter the reader understands this isn't going to be your garden variety James rant. The Whore of Akron promises to go to darker, more disturbing places. This has the makings of a Bible for LeBron haters. Of course, it also has the makings of a restraining order.
Posted on: October 17, 2011 5:52 pm
Edited on: October 17, 2011 6:01 pm

Cavs owner Dan Gilbert to launch 'urban casinos'

Posted by Ben Golliverdan-gilbert

Is Cleveland Cavaliers owner Dan Gilbert the biggest gangster in the NBA?

That might seem like a loaded question, but Gilbert did make his fortune off of sketchy, subprime home loans and now has ambitious plans to extend his sphere of influence with an interstate gambling business.

Cleveland.com reports that Gilbert, the founder of Quicken Loans, is a principal in a new gambling investment company that plans to open "high-style, up-scale urban casinos" in Ohio and Maryland.
Rock Gaming LLC, a powerful new force in the gambling industry that has teamed up with Caesars Entertainment Corp. to develop casinos in Cleveland, Cincinnati and now, possibly, Baltimore. They submitted an application - and a check for $22.5 million - to Maryland officials late last month to develop a slot machine-only casino near the city's Inner Harbor with Caesars and two local investors. They are considered to be the frontrunner for the project.

Their big bet: that their concept of a high-style, up-scale "urban" casino that feeds on the character of a city and its attractions as much as on its slot machines will make them wildly successful and, in the process, revitalize rust belt cities.

"We think the right way to go is to do good and do well," said Matt Cullen, a Rock Gaming principal who's second in command of Gilbert's family of 39 companies. "But there's no question it's a risk."
Nothing says "revitalizing the rust belt" quite like investing in the most exploitative industries known to man. All Gilbert needs to do now is nickname himself after a semi-automatic weapon and launch a chain of brothels and he will have completed the 1930s-era gangster grand slam. Check Boardwalk Empire next week for a cameo appearance; Gilbert will be playing himself.

Gilbert is best known in NBA circles as the man who came completely unhinged when former Cavaliers All-Star LeBron James decided to "take his talents" to the Miami Heat during the summer of 2010. He penned an open letter calling James' decision "heartless and callous" and accused him of "disloyalty" for his "shameful display of selfishness and betrayal." Gilbert is also widely mocked for exclusively using the comic sans font.

Hat tip: IAmAGM
Posted on: October 6, 2011 12:44 pm

Dan Gilbert's still making money off of LeBron

Posted by Royce Young

After "The Decision" last June, Dan Gilbert was, well, pissed. He ripped off a now infamous Comic Sans rant proclaiming that LeBron was a traitor and wouldn't win a title before the Cavs. He also pulled a more subtle gesture to take a dig at his former superstar: Gilbert, who owns Fathead, slashed prices on all LeBron Cavalier merchandise to $17.41, which is the year famous traitor Benedict Arnold was born.

History slam.

But via CNBC.com, Gilbert, who profitted greatly from LeBron's time in Cleveland, is back to making money off his sworn enemy.

Before last season, LeBron James decided to opt out of the wall graphic category that is included as part of each NBA player's group licensing agreement. James had a deal with a company to make wall graphics of him, though that company couldn't use NBA marks since the official rights to league marks were exclusive to Fathead.

In the end, the company never did release a James wall graphic and the opt out recently expired.

But on Monday morning, CNBC discovered that Fathead was selling four wall graphics of James in his Heat jersey. What makes the relationship sticky is that the ownership group of Fathead is led by Dan Gilbert, owner of the Cleveland Cavaliers, who LeBron of course left to go to the Heat.

(If you're wondering, Gilbert can continue to sell his Fathead player things during the lockout because the company's deal is with the NBA Players' Association, not the NBA.)

If you're wondering, all the Fathead LeBron stuff is now $17.41 now. It's now $99.99. So Gilbert's obviously made a mends enough in his mind to take advantage of LeBron's starpower to make a little money off him.

LeBron needs to ask himself his favorite question here: What should I do? Should he opt out again just to spite Gilbert? Should he be the bigger man and just let Gilbert make his life-size wall stickers?

I'm a big fan of spite and I think LeBron has every reason to opt out just to stick it to Gilbert. I mean, remember, Gilbert did call LeBron a coward. And then rubbed him losing the NBA Finals in a bit on Twitter. Go for spite LeBron. You've stuck it to Gilbert before, now just do it again.
Posted on: September 22, 2011 4:58 pm
Edited on: September 22, 2011 5:01 pm

NBA owners make Forbes 400 richest Americans list

Posted by Ben Gollivernba-lockout

When the ongoing NBA lockout is framed as a battle between billionaire owners and millionaire players, it's often not an exaggeration.

Forbes.com released its annual list of the 400 wealthiest Americans this week, and more than a dozen NBA owners and minority owners appeared on the list, among the new school technology geniuses and old money investment titans.

The NBA's richest individual owner, according to Forbes, is Portland Trail Blazers owner Paul Allen, who co-founded Microsoft with Bill Gates, the overall richest No. 1 ranked person on the list. Allen's net worth is reported as $13.2 billion and he ranks No. 23 overall on the list. He recently decided to sell one of his private islands.

Somewhat incredibly, Allen is more than twice as rich as the next individual NBA team majority owner. In second place is Amway co-founder Richard DeVos, owner of the Orlando Magic, who is ranked No. 60 with a net worth pegged at $5 billion. 

Rounding out the top five richest individual NBA owners are Miami Heat owner Micky Arison (No. 75, $4.2 billion, Carnival Cruises), Denver Nuggets owner Stan Kroenke (No. 107, $3.2 billion, Walmart) and new Detroit Pistons owner Tom Gores (No. 159, $2.5 billion private equity). The Nuggets are operated by Kroenke's son, Josh.

The other seven NBA majority owners on the list are: Dallas Mavericks owner Mark Cuban (No. 171, $2.3 billion), Minnesota Timberwolves owner Glen Taylor (No. 242, $1.8 billion), Indiana Pacers owner Herb Simon (No. 273, $1.6 billion), Cleveland Cavaliers owner Dan Gilbert (No. 293, $1.5 billion), Memphis Grizzlies owner Michael Heisley (No. 293, $1.5 billion) Los Angeles Clippers owner Donald Sterling (No. 293, $1.5 billion) and new Philadelphia 76ers owner Joshua Harris (No. 309, $1.45 billion).

Los Angeles Lakers minority owner Dr. Patrick Soon-Shiong, who recently purchased the ownership stake previously held by Lakers legend Magic Johnson, ranked No. 39 with a net worth of $7 billion. 

Hat tip: IAmAGM.com.
Posted on: September 16, 2011 3:15 pm

David Stern calls Gilbert/Sarver report 'fiction'

Posted by Royce Young

We shouldn't have expected anything less, but David Stern chimed in on the Dan Gilbert/Robert Sarver report that the two slowed down progress on a new labor deal Wednesday while Jerry Buss and James Dolan sat perturbed.

Stern, to NBA.com: "It is so wrong and incorrect and fictional" he said, "that I think I can understand why they would only attribute it to sources and that nobody would be willing to stand behind it."

Not that anyone should be surprised, but Stern really tried to hammer it home. He said, "wrong," "incorrect" and "fictional" to get that across.

Dan Gilbert of course had his own response via Twitter yesterday, calling the report "sad and pathetic."

As for a divide among owners, NBA.com says the players shouldn't put that into the strategy.
One person who was inside the Board of Governors meeting told NBA.com that, if the players are banking on a splintering of the owners as their best path to a favorable deal, "they would be making a mistake."
Right now reports have the owners split on the value of a hard cap system, or at least to a degree. By most accounts, the two sides are closing the gap in terms of revenue splits (which is big), but systematic issues are holding up progress. Smaller market people like Gilbert and Sarver are said to be at that forefront.

Did they hold up labor progress Wednesday? I guess that just depends on who you want to believe.
The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com