Found March 05, 2013 on
Waiting For Next Year:
Mike Illitch may be willing to deficit spend his way to a World Series, but it is Cleveland Cavaliers owner Dan Gilbert who is officially the wealthiest person to live in Detroit, Michigan, per Forbes.
Gilbert, the founder of Quicken Loans, Rock Ventures, Rock Gaming and owner of the Cleveland Cavaliers — among other smaller companies and teams — is worth an estimated $3.5 billion, up from $1.5 billion in March 2012, because of the extraordinary growth of his privately held mortgage financing company. Forbes reports that the nation’s largest online lender closed $70 billion in mortgages last year, up from $30 billion in 2011.
Gilbert is also said to be purchasing Greektown Casino in Detroit, while being one of the main investors of a light rail system that will hope to improve the economic conditions of the rustbelt town.
When compared to the rest of the world, Gilbert, 51, slots in 354th overall. This compares to Cleveland Browns owner Jimmy Haslam who is said to be worth $1.8 billion, leaving him off of the top 500 as ranked by Forbes.
[Related: WFNY Podcast – Diminishing returns in baseball stats?]
BEST OF MAXIM
AROUND THE WEB
The Cleveland Cavaliers waived Josh Selby Sunday, clearing a roster spot, but the franchise won't sign Greg Oden yet, Cavs beat writers M.S. Boyer and J. Valade reported.
The Cavs have been reportedly interested in Oden, whose agent has said the former No. 1 pick won't sign until summer free agency begins.
Selby was acquired from the Memphis Grizzlies in a salary-shedding...
Cavaliers starting rookie guard Dion Waiters will miss his second straight game with the flu.
Both Waiters and reserve guard Daniel Gibson are out for Wednesday's game against Utah. Waiters, selected the Eastern Conference rookie of the month in February, also missed Monday's game against New York along with rookie Tyler Zeller.
Zeller is feeling better. He practiced on...
Cleveland Cavaliers point guard Kyrie Irving is officially listed as ‘probable’ for Monday night’s contest against the New York Knicks. He had missed the previous three games due to a hyperextended right knee.
“Based on what I saw in practice, there’s a good chance he’ll play,” coach Byron Scott said from shootaround on Monday morning. “We will see how he feels after...
Four reasons to stick with the Cavaliers:
1. General manager Chris Grant.
Hes done OK so far, right?
Its true Memphis was desperate to unload some salary, which is why Grant was able to pull off armed robbery by landing Marreese Speights and Wayne Ellington (and a draft pick) for Jon Leuer, who may not even be in the NBA next season.
Its true that a lot of teams could have done...
The Cleveland Cavaliers got some good news and some bad news before this game started. The good news was that Kyrie Irving would be returning after missing the last couple games with a knee injury. The bad news was that Dion Waiters and Tyler Zeller were both sick and would miss the game.
Early on, it looked like the Cavaliers wouldn’t miss them too much. On the first possession...
He wasn't able to help the Cleveland Cavaliers to victory, but Kyrie Irving did his part. After missing the last three games to a hyper-extened knee, Irving returned to the court yesterday and put up numbers like he normally does. Unfortunately, it was not enough to overcome the Knicks. Irving and the Cavs were beat 102-97 in Cleveland last night. However, Irving put up...
Cavaliers All-Star guard Kyrie Irving could miss the next month with a sprained left shoulder.
Irving, who has dealt with injuries during his brief NBA career, sprained his shoulder Sunday night in a loss to Toronto. He collided with Raptors rookie forward Jonas Valanciunas.
The Cavs have 19 games left this season, so it's possible Irving will not play again.
Irving has already...
CLEVELAND -- The Cavaliers have become accomplished at one thing this season, and its not something thats any good.
But their ability to take the wind out of their own sails is clearly unmatched.
That may sound harsh, especially when youre talking about such a young team that understands its taking part in an ongoing process.
Well, chalk up another one to painful memories, as...
Everyone saw it coming. The players and coaches of the Cleveland Cavaliers congregated at halftime of Monday night’s contest against the New York Knicks, having amassed a 22-point lead only to let it slowly slip away before the mid-way buzzer provided some relief. Having watched plenty of tape and read all of the glowing features with their opponent as the subject, everyoone...
Kyrie Irving scored 20 points and Cleveland's All-Star guard made all the big plays down the stretch, rallying the Cavaliers to a 104-101 victory over the Utah Jazz on Wednesday night.
The Cavs trailed 100-92 with less than three minutes left before Irving took over. He scored eight points, made a steal and assisted on Wayne Ellington's dunk as Cleveland stormed back to...
CLEVELAND (AP) -- Kyrie Irving scored 20 points and Cleveland's All-Star guard made all the big plays down the stretch, rallying the Cavaliers to a 104-101 victory over the Utah Jazz on Wednesday night.
The Cavs trailed 100-92 with less than three minutes left before Irving took over. He scored eight points, made a steal and assisted on Wayne Ellington's dunk as Cleveland...
Kyrie Irving reached 2,000 points, he is the 9th player in the history of the NBA to reach 2,000 points scored at his age. It was great to see Irving return to the Cavaliers line up but it would have been even greater to see the team beat the New York Knicks. The Cleveland Cavaliers out played the Knicks in the first half of the game, they were leading at the half 61-49. It looked...